DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together (currently bringing a total income of $4k/m. Lot is a combined total of 16,377 sq. ft. This is a prime income-generating opportunity to build a luxury apartment comple... Read more
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Property SqFt: 16377
Remarks: DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together (currently bringing a total income of $4k/m. Lot is a combined total of 16, 377 sq. ft. This is a prime income-generating opportunity to build a luxury apartment complex in the rapidly growing Hollywood market. Zoned for high-intensity, multi-family use, the property allows for up to 32 units with a mix of 4 studios, 14 one-bedrooms, and 14 two-bedrooms. With rental demand currently high in the area, the possibilities for development are endless. Both properties are currently tenant-occupied on month-to-month leases, providing flexibility for future plans.
Internet Remarks: DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together (currently bringing a total income of $4k/m. Lot is a combined total of 16, 377 sq. ft. This is a prime income-generating opportunity to build a luxury apartment complex in the rapidly growing Hollywood market. Zoned for high-intensity, multi-family use, the property allows for up to 32 units with a mix of 4 studios, 14 one-bedrooms, and 14 two-bedrooms. With rental demand currently high in the area, the possibilities for development are endless. Both properties are currently tenant-occupied on month-to-month leases, providing flexibility for future plans.
Waterfront: No info
Directions: South
Days on Market: No info
Office Name: Worth International Realty, Inc
Area: 16377
Taxes: 7329
Tax Year: 2025
Listing Date: 2026-04-20T14:44:36.000-00:00
Lot Size Square Feet: 16377
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