±9,255 SF Improvements | ±19,530 SF Land | [Q]C2-2D-CPIO | Tier 3 TOC | AB2097 & ED1 Eligible Rare Hollywood offering presenting a highly flexible ownership opportunity for an owner-user, investor, or developer. The property consists of approximately 9,255 square feet of improvements situated on 19,530 square feet of land, with excellent visibility and frontage along Vine Street. The site benefits from approximately 130 feet of prime Vine Street frontage and is legally addressed as 5945 Gregory Avenue, also known as 848-862 Vine Street. Zoned [Q]C2-2D-CPIO and designated as Tier 3 TOC, the property is also AB2097 and ED1 eligible, providing substantial potential for increased density, reduced parking requirements, and streamlined entitlements under the City’s housing and transit incentive programs. Strategically located in the heart of Hollywood, the property is surrounded by new developments, entertainment, and employment hubs. Whether repositioned with market-rate tenants, occupied by an owner-user, or redeveloped for higher and better uses, this asset offers multiple pathways for value creation.