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1415 N Hobart Boulevard

Los Angeles, CA 90027
  • $5,500,000
  • STATUS: Active
  • ON SITE: 139 Days
  • ID#: SR21151378
UPDATED: 52 min ago
$5,500,000
  • 0
    BEDS
  • 0.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Evanisko Realty & Investment, Inc. is pleased to present "The Hollywood Hobart development site for your consideration.R3 / Opp. Zone / TOC Tier 3 / NO SNAPThe proposed project concept depicted here and outlined in our marketing materials involves leveraging an SB330-triggering 22 TOC height increase. The resultant is a 60 -unit project whereby 68% of the existing 18 units will be replaced (13 units) as rate-controlled/BMR units in a new 60-unit project. The units would average approximately 1,000 SF each in four stories over parking. The 47 market-set units would be subject to RSO.Property is in the Opportunity Zone. Property is not in the Specific Plan [SNAP].The real estate is being offered for sale at a price representing one of the most economically priced land assemblages of reasonable size currently available in the Hollywood market.

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Based on information from CRISNet MLS as of 2021-11-29T15:56:25.703. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-11-29T15:56:25.703. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.lahomedeals.com/homes/119223377
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1415 N Hobart Boulevard Los Angeles, CA 90027

  • Price: $5,500,000
  • Status: Active
  • On Site: 139 Days
  • Updated: 52 min ago
  • ID#: SR21151378
0
Beds
0
Baths
0
½ Baths
0.59
Acres
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
Evanisko Realty & Investment, Inc. is pleased to present "The Hollywood Hobart development site for your consideration.R3 / Opp. Zone / TOC Tier 3 / NO SNAPThe proposed project concept depicted here and outlined in our marketing materials involves leveraging an SB330-triggering 22 TOC height increase. The resultant is a 60 -unit project whereby 68% of the existing 18 units will be replaced (13 units) as rate-controlled/BMR units in a new 60-unit project. The units would average approximately 1,000 SF each in four stories over parking. The 47 market-set units would be subject to RSO.Property is in the Opportunity Zone. Property is not in the Specific Plan [SNAP].The real estate is being offered for sale at a price representing one of the most economically priced land assemblages of reasonable size currently available in the Hollywood market.
Exterior Features

Lot Features 16-20 Units/Acre21-25 Units/Acre26-30 Units/Acre31-35 Units/Acre36-40 Units/AcreLevel With StreetLot 20000-39999 SqftRectangular LotLevelTear DownValue In Land Lot Size Area 25872.0000 View Mountain(S)NeighborhoodPanoramic View YN Yes

Property Features

Additional Parcels YN No Association Fee 0.00 Association YN No Community Features GuttersStreet LightsUrban Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning R3-1Xl

Listing provided courtesy of Francis Evanisko, CA DRE# 01790747, of Evanisko Realty & Investment.


Based on information from CRISNet MLS as of 2021-11-29T15:56:25.703. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-11-29T15:56:25.703. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Bobnes Group Real Estate | eXp Realty
3512 Magnolia Blvd
Burbank CA, 91505