Roseann Oesterreich, CRS, GRI
The median home value in Los Angeles, CA is $1,100,000.
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The average price of homes sold in Los Angeles, CA is $1,100,000.
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compared to 47.38% rented, while
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Developers delight! This C-2 zoned corner parcel of land is in the heart of Hollywood with additional access to the property through the alley. Multiple uses and significant residential density is allowed by right. This residential density is increased as a Tier 3 Transit Oriented Community. The lot is currently occupied by a commercial tenant on a month to month lease,. The lease can be terminated easily should that be the intent of the buyer. Even demolition costs will be minimal since there is only a small structure on the lot. Surrounding this lot are views of the Hollywood sign, Paramount Studios, Hollywood Forever, and other Hollywood and adjacent Larchmont Village attractions. This is the lot you've been looking for.
The John Pak Group is proud to present 734-736 N. Highland Ave., a rare opportunity to own a premier property in the heart of the Hollywood Media District. Surrounded by top-tier retailers, art galleries, production studios, and renowned restaurants, this dynamic space is perfect for creative professionals.The ground floor features a former photo studio designed for production companies, complete with a cyclorama wall that can be converted into a green screen, a dedicated makeup room, a conference room, and a mezzanine.Upstairs, the newly renovated creative office space offers two private offices, a spacious open work area adaptable for cubicles or collaborative setups, a breakroom, and a kitchenette.Don't miss this chance to secure a versatile property in one of Los Angeles' most sought-after creative hubs.
When purchased, this property was a 3 bed/1bath single family residence. Zoning is LAC4 Commercial Uses; Retail w/ Limited Manufacturing,Service Stations and Garages,Retail Contr. Business, Churches, Schools, Auto Sales, R4 UsesZoned for Commercial. Owner used it as a linen store. Large attic storage area. There is one large central room with 4 smaller rooms off of it, 2 in the front with windows to the street, and 2 toward the back. Office has Scalamandre wallpaper. There's a large 1/4 bath with toilet and vanity. Parking is in the driveway. Owner did lots of upgrades including new 200 amp electrical panel + wiring, plumbing, new roof (2017), foundation, central HVAC, recessed lights + sconces, security door + alarm + Ring doorbell + cameras, new marble tile throughout + built-ins + fixtures throughout. Parking is in the driveway. There is street parking on Melrose from 9 am to 3 pm and lots of parking on nearby side streets. Beautiful space in trendy revitalized neighborhood!
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