2042 Holly Drive, Los Angeles, CA 90068 - Berkshire Hathaway HomeServices California Properties

2042 Holly Drive, Los Angeles, CA 90068

$1,500,000 Approx. USD 0 beds, 0 baths

Listing Agent


Gerard Balian | GERARDsellsLA@gmail.com
Lic#: 01935630
Broker: Courtesy of Beverly and Company, Inc.

Agent Remarks

Rare Development Opportunity in the Heart of Hollywood Dell! FIRST TIME ON MARKET IN OVER 35 YEARS! Seize this chance to create a stunning condo or townhome project on a 7,493 sqft LARD2-zoned parcel in the coveted Hollywood Dell neighborhood. Just north of the iconic Capitol Records and the vibrant Sunset Vine development, this prime lot is surrounded by luxury condos, trendy restaurants, fitness studios, and production spaces, making it a hotspot for modern urban living. This property offers immediate flexibility for redevelopment. A recent appraisal (less than 30 days ago) valued it at $1.85M, highlighting its strong investment potential. With the right vision, a rooftop deck could showcase breathtaking views of the Hollywood Hills, Capitol Records, Downtown LA, and the Hollywood Bowl. Prime Location: Steps from Franklin Village Shops, Birds, The Oaks, Bourgeois Pig, Hollywood Lake Dog Park, Paramount, Universal Studios, CNN Building, Farmers Market, Hollywood Bowl, O Restaurant, Beauty & Essex, Tao, SoulCycle, Equinox, Off-Vine, Katsuya, and top-tier hiking trails with iconic Hollywood Sign views. Families will love the nearby kids’ parks, while professionals and creatives will appreciate the proximity to studios and entertainment hubs. This is a developer’s dream to craft a signature project in one of LA’s most dynamic neighborhoods. Don’t miss this unparalleled opportunity to shape the future of Hollywood Dell!

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# SR25110928
List price is $1,500,000 Reduced by $335,000 on 6/8/2025
Price: $1,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1919
0.17 acres
Lot size: 0.1721
County: Los Angeles
Zoning: LARD2
Parking description: Assigned
Lot description: TwoToFiveUnitsAcre
MLS area: C20 - Hollywood

Last Updated: 6/18/2025

 Days On Market (DOM): 53

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This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.108703, -118.329391.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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