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1357 N Las Palmas Avenue

Los Angeles, CA 90028
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SqFt5,493

Sqft(Lot)

A multifamily development opportunity located in the heart of Hollywood, just south of Sunset Boulevard and west of Highland Avenue. The property consists of a 5,499 square foot vacant corner lot zoned RD1.5 and requires no demolition, allowing a future developer to move directly toward redevelopment planning. The property previously obtained approved plans and ready-to-issue permits for the development of a three-unit residential building plus an accessory dwelling unit totaling approximately 6,257 square feet of living area. The proposed design contemplated larger three and four bedroom residences along with a detached one-bedroom ADU. The seller has completed substantial architectural and entitlement work, including updated plans prepared in late 2023. Buyers are encouraged to contact t he broker for additional information regarding prior approvals and current permitting status. The property also previously received a Replacement Unit Determination under SB 8 confirming that no affordable replacement units were required based on prior site conditions. Given the property's zoning and central Hollywood location within a transit-accessible infill corridor, a buyer may also wish to evaluate alternative redevelopment approaches, including affordable housing or applicable incentive programs that could allow for increased residential density, subject to buyer's independent investigation. Located within a federally designated Opportunity Zone and situated in a highly walkable Hollywood neighborhood with a Walk Score in the high 90s, the site offers developers the opportunity to pursue a range of residential redevelopment strategies consistent with ongoing infill and housing development activity throughout the surrounding submarket. Vacant 5,499 SF corner lot zoned RD1.5 with no demolition required. Prior SB 8 Replacement Unit Determination confirmed no affordable replacement units required. Located within a federally designated Opportunity Zone. Previously approved plans and RTI permits for a three-unit residential project plus an ADU totaling approximately 6,257 SF. Contact broker for details Central Hollywood location just south of Sunset Boulevard and west of Highland Avenue / Half mile to Metro Station.

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Detail Ic Property Details

Property Type : Land

Price : $1,150,000

AD Id : 75606527

MLS Id : 26656809

Lot Size : 5,493 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1261 Lot Size Dimensions: 75x110
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5493

  • Listing Price Information

    Original List Price: 1,150,000 Listing Contract Date: 2026-02-25
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5547032026

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C20 - Hollywood Postal Code Plus 4: 7704 Directions: South on N Las Palmas Ave from Sunset Blvd; property is at the corner of N Las Palmas Ave & De Longpre Ave. Zoning: LARD1.5 Source Property Type: Land Area: C20 - Hollywood
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1750 Argyle Avenue, Los Angeles, CA, 90028 $5,750,000 -- -- -- 34,331 Sqft(Lot)
1339 N Cherokee Avenue, Los Angeles, CA, 90028 $1,500,000 -- -- -- 6,137 Sqft(Lot)

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ByOwner last updated this listing 06/23/2026 @ 22:25

MLS: 26656809 LISTED BY: Mark Cianciulli, The CREM Group 323-347-1009 SOURCE: CRMLS

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