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    California Regional Multiple Listing Service

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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

    $4,500,000
    For Sale

    1750 Argyle Avenue

    Los Angeles, CA 90028
    0.79 acres | #25620941
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    Listing OfficeKeller Williams Beverly Hills
    10 photos
    Type:Purchase
    Structure:Land
    Zone:Residential

    Description

    Presented for sale is one of those rare Prime Development Sites in the epicenter of Hollywoodthough not so rare that it can potentially be bundled with the lot to the north (owned and listed by separate parties). Located across from the Capitol Records Building and steps to the Walk of Fame, 1750 N. Argyle Ave. is about a five minute stroll to Hollywood & Vine, the Metro Subway Station, an absurd number of restaurants and nightlife destinations, the Pantages Theatre, the Hollywood Bowl, Sunset Gower Studios, the Palladium, Trader Joe's - we could go on and on, the location is practically unmatched! The 34,320 SF Lot is zoned C2-2D-SN-CPIO, with Tier 4 TOC and Tier 3 TOIA. The property falls under the Regional Center Commercial designation in the General Plan, making it perfect for Mixed Use, Mixed Income, or focus on 100% Affordable Housing. Being within 1/4 mile of Metro heavy rail, the property has further potential with SB79. There is no RSO to worry about, the land benefits from a Moderate TCAC level (not QCT or DDA) and sits within an Opportunity Zone. No relocation hassles, no Ellis! The Seller has very basic conceptual plans for 148 units on a five story design with one level of subterranean parking (that would occupy half the lot) consisting of 100 studios, 29 one beds and 19 two beds. The property previously housed the Little Church of Hollywood, that burned down in 2007 -- the Office of Historical Resources has stated that they are willing to approve at least a 50% ground coverage project to replace the once-historical property, with the remainder being dedicated to a (private) park as a treasured amenity for your future tenants - a quiet oasis in the middle of it all. No entitlement deals will be considered. The Seller has a Fault Line Clearance in hand! Utilize the Sign District designation to join the Times Square of the West Coast! It is time to bring a new life to this part of Hollywood!

    • Property Details
        • CountyLos Angeles
        • Original List Price$4,500,000
        • Property TypePurchase
        • MLS #25620941
        • MLS #25620941
        • Cost4500000
        • Acres0.7881
        • Property SubtypeLand

    Location

    Legal

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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

    Last Updated: Today at 1:35 AM. Source: CRMLS

    Provided By
    Listing Agent: Dario Svidler (#CLW-C101197)
    Listing Office: Keller Williams Beverly Hills (#CLW-X74054)

    Domingo Garcia - CR SolutionsReal Estate Group
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