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$5,950,000 USD
On the market for the first time in 25 years, this once in a lifetime development opportunity with multiple possible uses in the heart of East Hollywood is a no-brainer. Located along bustling Vermont Avenue, with 75 feet of prime frontage, and steps from
For Sale
New Property
US-00214-23791

On the market for the first time in 25 years, this once in a lifetime development opportunity with m

On the market for the first time in 25 years, this once in a lifetime development opportunity with multiple possible uses in the heart of East Hollywood is a no-brainer. Located along bustling Vermont Avenue, with 75 feet of prime frontage, and steps from the red metro line, this opportunity zone property won’t last long. Traffic counts are more than 40,000 vehicles per day, and over one million people reside within a five-mile radius. There is a very high demand for apartments and retail space in the area with new Children’s and Kaiser Hospitals close by. Hollywood is in the midst of revitalization, making this a rare opportunity to join this historic resurgence. This property is located within the Hollywood Redevelopment Project and Enterprise Zone Tax Credit areas.
Listed by
Brett Alphin
Pacific Union International
License #01998404
Main features
Listed 01/04/2019
Price $5,950,000 USD
Property type New Property
Surface 1 m2
Land surface 18000 m2
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Los Feliz
Listings in Los Feliz

Los Feliz is an Eastside neighbourhood of Los Angeles, which is particularly charming. The best idea is to explore it on foot, while discovering trendy shops and upscale restaurants in this happy place. This eclectic and authentic neighbourhood was named after its colonial Spanish-Mexican land grantee, José Vicente Feliz. Settlers have been attracted to living on the magnificent hills below Mont Hollywood since 10,000 years ago. Los Feliz became a sought-after place and a popular celebrity enclave which led the city to offer some of the priciest real estate in the world. Nowadays, the most famous architects are challenging to design spectacular homes on a rugged, eroding hillside.

À propos Pacific Union International

Pacific Union International was born in California in 1975 - a single office in San Francisco founded by two entrepreneurs. Forty years later, we’re the number one independent real estate firm in California, with over $14 billion in sales last year.

Defined by teamwork, trust and innovation, backed by innovative tools and vast connections, our skilled real estate professionals know how to interpret the market’s evolving landscape to your advantage.
In January, 2018, three powerhouse Los Angeles brokerages, John Aaroe Group, Partners Trust and Gibson International, joined under the Pacific Union International banner to become the leading independent firm in the market with $7 billion in annual sales, 20 offices and 900 closely connected real estate professionals in the San Gabriel Valley, Northeast Los Angeles, San Fernando Valley and Westside.

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