5832 Virginia Ave, Los Angeles, CA 90038

Attention Developers! Incredible 9-units development in the Qualified Opportunity Zone in the heart of Hollywood in a rapidly growing high demand rental area near Sunset Bronson Studios and Netflix, around the corner from the long awaited Sears development by the CIM Group. Property will be delivered with RTI permits to build a boutique 9-unit luxury apartment building with ground level parking garage and rooftop deck. Existing duplex will be delivered VACANT at close of escrow, ready to be demolished. Unit mix of the proposed project consists of 3x 3+3 units, 1x 2+2 unit, 2x 1+2 units, and 3x large studio units, with total interior rentable area of 9,282 square feet (excluding balconies, common areas and surface parking).