Fully leased buildings with ample parking are located on a combined 20,000 square feet of land in the heart of Hollywood’s Central Business District. Positioned on a major street with excellent visibility, the ground floor offers strong potential for future retail or restaurant use. The properties currently feature rebovated office space with tenants in place, generating immediate income, while also having kick-out clauses facilitating re-development.
Located within a designated Opportunity Zone while also offering developer incentives under the Live Local Act, the site allows for maximum building height and density, making it ideal for future mixed-use redevelopment. The offering includes 4 tax folios and appear on the MLS as #A11666058 and MLS #A11835582. These present a rare chance for land assembly with great frontage on Tyler Street in East Hollywood. Each property, the corner building at 1955 Tyler Street and the 2 story adjacent building at 1939-1943 Tyler can also be acquired individually. Together they total approximately 20,000 square feet of land.
Surrounded by a fast-growing residential population and just minutes from beaches, transportation hubs, and commercial zones, this property offers both income and long-term development upside in one of Hollywood’s most strategic locations.