CA > Los Angeles
Los Angeles, CA 90028,1845 Taft Avenue
Los Angeles, CA 90028,1845 Taft Avenue
Los Angeles, CA 90028,1845 Taft Avenue
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

Boyenga Team / Compass

+1(408) 373-1660
$5,295,000
Est. payment /mo
0.55 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25575721

HOA Y/N No

Lot Size 0.547 Acres

Acres 0.55

Property Sub-Type Unimproved Land

Property Description

Rare opportunity to acquire three contiguous vacant parcels on the corner of Taft Ave and Franklin Ave in Hollywood, LA 90028. The total size of all three lots is approximately 23,760 SF and the zoning for all three properties is RD.15-1XL. The dimensions of the lots are 135 SF of frontage on Franklin Ave by 176 SF on Taft Ave. All three of the lots qualify for Tier 3 of the Transit Oriented Communities Plan (TOC). The zoning and site supports a variety different development options with significant density and height bonuses under a variety of state and local programs. A previous ED1 project was approved, demonstrating feasibility for expedited housing development.Multiple development strategies are possible, with some of those being: **D1 streamlined affordable housing, ***CHIP OC Density Bonus project, **Small Lot Subdivision, **By-right multifamily project with TOC Tier 3 incentives. This vacant development site is in a strong rental and resale market strategic play for developers targeting a high-growth, supply-constrained submarket. The prime location is walking distance to Metro, Franklin Village, Griffith Park, and Hollywood nightlife.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Exterior

View Y/N true

View Hills

Building

New Construction No

Others

Tax ID 5586031004

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Errol Spiro • Miller & Desatnik Realty Co.

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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