Rare opportunity to acquire a fully cleared multifamily development site in the heart of Hollywood, immediately south of Sunset Boulevard and surrounded by some of the area's most significant entertainment, employment, transit and redevelopment activity.
1449 N Bronson Ave consists of approximately 6,615 SF of flat land with approximately 50 feet of frontage and 132 feet of depth. The former single-family residence has already been removed, providing a clean-slate site with no existing structure to demolish.
Current City of Los Angeles ZIMAS information identifies the property as [Q]R4-1VL-CPIO, within the Hollywood Community Plan Implementation Overlay. ZIMAS also identifies the site as TOC Tier 3 and an ED1 Eligible Site, creating potential for a variety of multifamily and affordable-housing development strategies, subject to applicable regulations, eligibility requirements and City approval.
The location is particularly compelling. The property sits within Hollywood's established studio and employment corridor, just moments from Netflix/Sunset Bronson Studios, Sunset Gower Studios, Hollywood & Vine, Hollywood Boulevard and the Hollywood/Vine Metro station. The 101 Freeway is also nearby, providing convenient connectivity to Downtown Los Angeles, the San Fernando Valley and the greater Los Angeles region.
This section of Hollywood continues to attract substantial studio, residential and mixed-use investment. For a developer, the combination of a cleared site, multifamily zoning, transit proximity and proximity to major entertainment-industry employers creates an increasingly difficult-to-replicate infill opportunity.
PROPERTY HIGHLIGHTS
• Approximately 6,615 SF flat lot
• Approximately 50' x 132' dimensions
• Fully cleared and vacant development site
• Former single-family residence already removed
• Current ZIMAS zoning: [Q]R4-1VL-CPIO
• ZIMAS identifies property as TOC Tier 3
• ZIMAS identifies property as an ED1 Eligible Site
• Multifamily residential development potential
• Located within the Hollywood Community Plan area
• Minutes from Netflix/Sunset Bronson Studios and Sunset Gower Studios
• Near Hollywood/Vine Metro station
• Immediate access to Sunset Blvd., Hollywood Blvd. and the 101 Freeway
• Central Hollywood infill location
• APN 5545-015-006
Whether considered for conventional multifamily development, an affordable-housing strategy or another qualifying residential program, 1449 N Bronson represents an opportunity to control a vacant, development-oriented parcel in one of Los Angeles' most recognizable and employment-rich neighborhoods.
DISCLAIMER: All information is deemed reliable but is not guaranteed. Seller and Listing Broker/Agents make no representation or warranty regarding zoning, allowable density, FAR, unit count, height, TOC/ED1 or other incentive-program eligibility, RSO/Ellis Act or replacement-unit requirements, entitlements, permits, utilities, fees or ultimate development potential. Any development concepts or projections are for informational purposes only. Buyer and Buyer’s Agent shall independently verify all information and development feasibility with the City of Los Angeles and appropriate architects, land-use consultants, attorneys, engineers and other qualified professionals.
Eliza Kerndian
Keller Williams Beverly Hills
