1202 N Gordon Street, Los Angeles, CA 90038
Property
Sold January 2024
Listing Agent: Luda Rosenbaum (DRE #01724645) · Listing Office: Compass · Contact: 310-241-3038 · Bought with: Luda Rosenbaum · Compass · MLS #23314823 · Source: CRMLS
About this property
HUGE PRICE REDUCTION!!! AMAZING INVESTMENT/DEVELOPMENT OPPORTUNITY IN HEART OF HOLLYWOOD! This corner lot is R3 zoned and has TOC Tier 2 Development Opportunity with potential to build 8 units or possibly more! (Buyer to verify). The area is extremely active with new development, continues to see strong demand, and is fueled by ongoing high economic growth. Property is located in heart of Hollywood and is surrounded with neighbors like Netflix, Viacom, Sunset Gower Studios, NBC Studios, Paramount Studios, etc. Property used to have two duplexes. One of them was damaged by fire. Currently there is one duplex remaining (approximately 1300 sq.ft.) and produces approximately $3,800/month. Unlock the full potential and build a multi unit complex with rooftop views of the Hollywood Sign!
Listing description from the January 2024 sale, as reported to CRMLS.
Sale history