Rare Hollywood development opportunity near Paramount Studios, Raleigh
Studios and Larchmont Village
- Vacant land
- Ideal for Small Lot subdivision Ordinance (“SLO”) townhome development
- Townhomes are considered to be one of the most active and sought-after types of residential development in the greater LA area
- Adjacent to Osteria La Buca, a highly acclaimed Italian restaurant/bar
- Billboard income
- Located in Tier 2 TOC (per ZIMAS)
- AB 2334 site (per ZIMAS) - allows unlimited density and additional height for eligible affordable housing projects
- Located in an area experiencing tremendous growth due to its desirable proximity to the studios and well-paying jobs as well as Melrose and Larchmont Village amenities
- Paramount Studios’ master plan for a major internal expansion to add 1.4M SF has been approved
*Proforma for development of 9 SLO townhomes available upon request.