Description
Prime net lease is pleased to present 1222 n beachwood dr, an exceptional residential development opportunity with rti (ready-to-issue) permits in place, located in the highly coveted hollywood 90038 zip code. the project is fully entitled, including a complete architectural set, schematics, and budgets (available upon request), and is approved for 8 market rate and 3 low income units. this modern 4-story development will feature 11 thoughtfully designed units with a well-balanced unit mix, and first-floor parking with 14 vehicle spaces and 24 bicycle spaces (20 long-term and 4 short-term).with a total area of 11,107 square feet and 9,547 square feet of livable space, this opportunity appeals to a diverse range of tenants seeking to experience hollywood's vibrant cultural scene. the 6,752-square-foot lot is zoned r3 and contains no existing structure, sparing investors the financial burden of tenant buy-outs or demolition. the property's location is rated as very walkable, with a walk score of 88.located within an opportunity zone and designated as a toc tier 2 area, 1222 n beachwood dr offers strategic tax incentives (buyer to verify) and increased density options that align with the city's vision for urban growth and housing.
Property Type
LandSubdivision
FallbrookCounty
Los AngelesStyle
LandAD ID
47625563
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.155
- Lot Size Source: Assessor
- Lot Size Square Feet: 6752
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Listing Information
Listing Price Information
- Original List Price: 1,900,000
- Listing Contract Date: 2024-11-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5534013018
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
- Association: Yes
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C20 - Hollywood
- Directions: The land is located at 1222 N Beachwood Dr, between Fountain Ave and Lexington Ave.
- Zoning: R-3
- Source Property Type: Land
- Area: C20 - Hollywood
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 01/15/2025 @ 14:36
- MLS: 219119775DA
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 6,752 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90038, this Los Angeles County Land , it is in the FALLBROOK Subdivision, are nearby neighborhoods.