1153 Tamarind Avenue

Los Angeles, CA 90038

PRICE REDUCED

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-$50,000 (-3.85%)

$1,250,000

List Price

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1923

calendar_month Built

Open Houses

Next available: Saturday, February 22nd, 2025 10:00 am - 1:00 pm

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Property Description

Amazing opportunity for first time buyers, investors and developers! This exceptional investment and development parcel is nestled in the vibrant core of Hollywood. The lot has a duplex and is zoned R-3, permitting the construction of up to 5 units (buyer to verify). The area is thriving with new developments, reflecting strong demand and ongoing economic growth. It is perfectly located near major industry leaders including Paramount Studios, Netflix, Sunset Gower Studios, and NBC Studios. Additionally, the new "Echelon Studios" complex is set to be completed in 2026. This property boasts an outstanding location. The sale will be conducted as-is. Buyers are encouraged to independently confirm the accuracy of all information through personal inspections and consultations with qualified professionals.

Listing Information

List Price $1,250,000
Status Active
MLS DW24243694
Type Residential Income
Subtype Duplex
Year Built 1923
Lot Size 4,004
Structure Size N/A
DOM 80
Courtesy Of eXp Realty of California Inc.
Listing Agent Samuel Barragan DRE#02154974

Interior Features

Laundry Information
Location(s) In Kitchen
Total Bedroom
Bedrooms N/A
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Fireplace Information
Features None

Maps

Listing information courtesy of: Samuel Barragan, eXp Realty of California Inc. 323-440-8662. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 21st, 2025 at 7:52 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.