6132 Romaine Street, Los Angeles, CA 90038
- $5,500,000
List Agent Simon Mills () 818-763-4462 Mills Realty of California; CoList ()
- List Price
- $5,500,000
- Price Change
- ▼ $400,000 1753941556
- Status
- ACTIVE
- MLS#
- SR25010832
- Lot Size
- 19,539
- Lot Location
- Front Yard, Near Public Transit, Street Level, Value In Land
- Days on Market
- 455
- Property Type
- Land
Property Description
*Prime Development Opportunity in Central Hollywood* This exceptional property spans three contiguous parcels, offering a total of 19,539 square feet in one of the most sought-after locations in Central Hollywood. Situated within a Transit Oriented Community (TOC) and a Transit Priority Area, this site provides unparalleled access to Los Angeles and surrounding communities, ensuring convenience and connectivity. Zoned R4, the property is primed for high-density development. Developers can maximize the potential for possibly 40+ units or more, leveraging TOC incentives and additional density bonuses under the Hollywood Community Plan. The site’s design-friendly features, including an existing alleyway that aids in setbacks, enhance its appeal for multi-family housing projects. With its central location and significant development benefits, this property offers an unparalleled opportunity for investors and developers seeking maximum ROI in one of LA’s most vibrant markets.
Additional Information
- View
- None
- Sewer
- Public Sewer
- Water
- Public
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Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.