5945 Gregory Avenue (AKA 848-862 Vine Street), Los Angeles, CA 90038 ±9,255 SF Existing Improvements | ±19,530 SF Land | [Q]C2-2D-CPIO | Tier 3 TOC | AB2097 & ED1 Eligible Located in the core of Hollywood’s dynamic development corridor, 5945 Gregory Avenue (also known as 848-862 Vine Street) offers a highly desirable infill redevelopment opportunity with exceptional entitlement advantages. The site consists of ±19,530 SF of land improved with ±9,255 SF of existing structures, providing immediate scale and flexibility for a variety of development concepts. With [Q]C2-2D-CPIO zoning, Tier 3 TOC designation, AB2097 eligibility (parking reductions), and ED1 eligibility (streamlined processing), this property benefits from multiple layers of Los Angeles’ most aggressive development incentives. The site's approximately 130 feet of prime Vine Street frontage further enhances its long-term redevelopment value and visibility. Surrounded by ongoing mixed-use, multi-family, and commercial projects, the property is ideally positioned for residential, mixed-use, or creative office development — all supported by strong local demand drivers, proximity to transit, and Hollywood’s evolving urban landscape.