1806 N Gramercy Pl, Los Angeles, CA 90028

1806 North Gramercy Place presents a developer with an opportunity to acquire a unique 10,004 square foot parcel of land in one of the hottest areas of Hollywood. Based on the LAR3 zoning and using the required 800 SF land per unit, this presents a developer the opportunity to build 12 units*. The existing property on the lot is a vacant 2,366 square foot single family residence that was constructed in 1907 (Property is not part of the Historic Preservation Overlay Zones). The lot is rectangular in shape (see aerial photo) and measures 50' x 200' .*Buyer to independently verify how many units and square feet can be builtThe property lies in one of the most desirable locations of Hollywood; situated centrally between Western Avenue and Vine Street, and between Franklin Avenue and Hollywood Boulevard, and only a few blocks from the 101 freeway. 32 Unit development has initiated across the street 1717 N Gramercy Place. Brokered And Advertised By: M Ghazi Corp. DBA Excutive Rea Listing Agent: Moe Ghazi