Prime Development Opportunity in Hollywood! This centrally located property zoned LARD1.5 on approximately 7,715 sq. ft. lot (53'x145'), part of TOC tier 2 (up to 60% density bonus). This property can have 5 dwelling units (7,715 sq ft lot, 1,500 sq ft per dwelling unit) with potential for more using TOC incentives. Currently there are 3 units on the property totaling approximately 2,600 sq.ft. Unit #1 is 5 bedrooms & 2 baths, unit #2 is 2 beds & 1 bath, unit #3 is 3 beds & 1 bath. Located just minutes away from main transportation routes, nightlife, downtown LA, entertainment industry & the best Los Angeles has to offer. Generate income with three units while applying for plans. Don't miss this moment.