The newly passed Hollywood Community Plan Update goes into effect mid-February 2025 and has rezoned the entire property to commercial [Q]C2-2D-CPIO
The property is located in an Opportunity Zone providing tax incentives and deferred capital gains
Property being delivered vacant at close of escrow
Located right off the signalizedintersection of Santa Monica Blvd and Gower St
FOR SALE DETAILS
PRICE
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PRICE/ACRE
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PRICE/SF
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# OF LOTS
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PRICE/LOT
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SALE CONDITIONS
ON GROUND LEASE
COMMISSION SPLIT
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LAND DETAILS
PROPERTY NAME
Double-Lot Development Site | C2 Zoning
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
ADD'L SUBTYPES
LAND PROPOSED USE
Commercial, Retail, Office, Multi-Family, Hospitality, Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd, General Freestanding, Hold for Development, Hold for Investment, Medical, Planned Unit Development, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Warehouse