*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.
LISTING AGENT: Simon Mills LISTING BROKERAGE: Mills Realty of CaliforniaThis 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.
Courtesy of Mills Realty of California. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 6132 Romaine Street 5534026007
Los Angeles, CA
Property Details
Price:
$5,900,000
MLS #:
SR25010832
Status:
Active
Baths:
0
Address:
6132 Romaine Street 5534026007
Type:
Land
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jan 15, 2025
State:
CA
ZIP:
90038
Lot Size:
19,539 sqft / 0.45 acres (approx)
See this Listing
Schools
Interior
Exterior
Community Features
Sidewalks
Electric
Standard
Fencing
Average Condition
Lot Features
Front Yard, Level with Street, Lot 10000-19999 Sqft, Near Public Transit, Value In Land
Sewer
Public Sewer
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Map
Community
- Address6132 Romaine Street 5534026007 Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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