We are pleased to present the opportunity to acquire this rare 6,632 SF development opportunity located in the prestigious Hancock Park neighborhood. The site offers a zoning ordinance of LAR3, with a Tier 3 TOC (70% density bonus). There is a 6-bedroom + 4-bathroom single-family residence currently on the lot, which may be delivered vacant, or tenant occupied. The property is currently being rented out by the individual bedroom to young professionals, as a co-living investment. The current total income is approximately $8,000/month.
- Listing Status: Active
- Listing Agent: Davis Saadian
(lic# 01921748)
of Beverly Hills/Greater LA
- Listing Office: KW Advisors
(lic# 01499010)
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Based on information from CRISNet MLS as of 13th January 2025 at 7:35am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
