5657 W Fountain Ave presents a prime infill redevelopment opportunity in the heart of Hollywood, surrounded by new construction, transit connectivity, and strong rental demand. Situated within a Transit Oriented Communities (TOC) Tier 3 zone, the property offers substantial density and height bonuses—allowing for up to 16 market-rate units or 60+ micro-units under an affordable housing program. Located just east of Vine Street and north of Santa Monica Blvd, the site is walkable to major studios, job centers, and entertainment corridors, making it a highly desirable location for workforce, market-rate, or affordable housing developers. At current pricing, the property represents a below-replacement-cost entry into one of Los Angeles’ most active multifamily submarkets, with multiple entitlement and incentive pathways available to expedite approvals and maximize project economics