East Hollywood Development Site

The subject property is situated at the crest of Ardmore Heights and bordering East Hollywood to the north, and Koreatown to the south. The property consists of 8,247 square feet of land zoned R3-1 and is being sold for land value. As per current zoning guidelines the property can be developed up to 10 units apartment building, small lot subdivision, or condominium complex. This hilltop location would unable future project to enjoy commanding views to the east, and to the west. According to Zimas, the Los Angeles Department of City Planning website, the property does not fall under Hillside Ordinance however its development will be subject to hillside grading regulations. Existing house occupying the property features 4 bedrooms and 3 baths with living area of 2025 sq. feet plus deatached garage. The house is in need of repairs and is being sold without any warranties expressed or implied. Offers subject to inspection.