1846 N Cherokee Ave, Los Angeles, CA 90028

Proposed project consists of a 3 story structure comprised of 15 residential units built on top of a two level parking Structure. The offering memorandum introduces two proforma possibilities: one for a 15 unit apartment building with a Subterranean and an upper level Garage providing 30 parking spaces; and the other, for 15 for-sale condominiums with 2 subterranean - 37 spaces - parking garage. A building permit for condominiums was RTI in 2008 and expired about two or three years later - the vesting tentative tract map #69830 is still active. Plans and documentation are available. The Cherokee Development Project rests in a prime area of Hollywood. Flanked by arterial main streets: Franklin and Highland, it is a preferred area by young professionals. This area is the regional leader in healthcare and maintains its status as the favored host and anchor of the entertainment industry. It is the most consistent global tourism destination in the country.