Description

We are pleased to exclusively present for sale a fully Ready-to-Issue construction project of 6 residential dwellings consisting of five 3 story units and one ADU in the East Hollywood neighborhood of Los Angeles. Situated on N. Harvard Blvd. between Melrose Ave. and Clinton St., this 7,498 SF R3-1 Tier 2 lot has 50 feet of frontage. The property is scraped and ready for it’s future. Plan Check is fully approved, with Permits Ready-to-Issue! Get your construction crew ready! The design consists of four 3+3 Townhomes-style units, one 4+4 SFR and one attached 2+1 ADU totaling 6,963 SF of rentable square footage. The project features three separate structures with the middle unit sharing no walls with neighbors. The Front Structure is a 3 Story Duplex with an attached ADU. The Middle Structure is a 3 Story Single Family Residence. The Back Structure is a 3 Story Duplex. All the 3+3 Townhomes & SFR will have 2 parking spaces each (total of 10 parking spaces on site). The simplicity of construction for this project will save a developer on costs and speed them to the finish line! The property comes with an SB8 Replacement Unit Determination Letter stating that “no affordable replacement units are required.” This site is tucked in between Hollywood, Silver Lake and Koreatown – all areas in Los Angeles that are going through or have already gone through tremendous redevelopment, all with a great nightlife scene and amenities that future residents may desire. Walk Score calls this area a Walker’s Paradise! With a convenient and central location, quick access to the 101 freeway and about a mile away from the Metro Station, this property should be an easy commute to anywhere in the Greater Los Angeles.