1853 Garfield Pl - Residential LAND FOR SALE


Los Angeles, CA 90028- Hollywood9,757 SF
$1,595,000 USD
310-710-1018
1853 Garfield Pl, Los Angeles, CA for Sale
$1,595,000 USD
Residential LAND - FOR SALE
1/10
9,757 SF

1853 Garfield Pl
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • ±9,970 SF vacant, gated lot zoned R3-1
  • Adjacent to Los Feliz, Hollywood and Silver Lake. 1 block from the Hollywood/Western Metro station, 2 blocks from Gelson's, Target, and 101 Freeway
  • Unit mix includes 3 ELI-designated affordable units, satisfying TOC Tier 3 requirements
  • Delivered ready-to-issue approvals for a six-story, 23-unit condominium project
  • Existing plans and permits can be shared upon request

OVERVIEW

Maher Commercial Realty is pleased to present 1853 Garfield Place, a ±9,970 SF vacant, gated parcel of land at the intersection of Franklin Avenue and Western Avenue in Hollywood, set in the foothills of Griffith Park and immediately adjacent to Los Feliz. Offered at $1,595,000 (±$160 per Sq.Ft.), the site carries R3-1 zoning and TOC Tier 3 designation, placing it in one of central Los Angeles' most supply-constrained ownership corridors. The surrounding area is defined by deep rental and ownership demand: the site sits one block from the Hollywood/Western Metro station and just 0.5 miles from Netflix headquarters, within Hollywood's expanding studio district and close to major employers including Paramount Studios, Sunset Gower Studios, Viacom, and Technicolor. Daily conveniences are equally strong, Gelson's, Target, and the 101 Freeway are two blocks away, with Los Feliz Village, Silver Lake, and Sunset Junction minutes from the front door, and the Greek Theatre and Griffith Observatory a five-minute drive. A Walk Score of 85 and Transit Score of 63 underscore the connectivity that draws condominium buyers and renters to this corridor without Westside pricing. Existing plans and permits to build 23 condominium units can be shared upon request.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/ACRE

$7,120,854/AC

PRICE/SF

$163 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.22 AC

LAND SF

9,757 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-3-1 TOC Tier 3

APN/PARCEL ID

5544-003-045

ASK ABOUT THIS PROPERTY

Nicole LuMaher Commercial RealtyMore Info
310-710-1018

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Nicole LuMaher Commercial RealtyMore Info
310-710-1018

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.