For Sale
$700,000

1265 Lyman Pl Los Angeles, CA 90029

Prime 3,300 sq ft lot, near hospitals & Metro.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 3,300 square foot commercial development land parcel, located at 1265 Lyman Place in Los Angeles, CA 90029 (APN 5542-018-013), presents a unique redevelopment opportunity. Zoned RD1.5-XL (Tier 3), this vacant lot is ideally situated adjacent to the Hollywood Presbyterian Medical Center, offering immediate proximity to a significant healthcare hub. The property benefits from its location within walking distance of Children's Hospital Los Angeles and Kaiser Permanente Medical Center, ensuring high foot traffic and potential for various commercial ventures. Furthermore, convenient access to public transportation is provided by its proximity to the Metro Rail (Red Line) at Vermont and Sunset, and the 101 Hollywood Freeway offers easy vehicular access. This property is available for purchase at $700,000 and can be acquired alongside the adjacent property at 1269 Lyman Place, presenting a potential for larger-scale development. This prime location and flexible zoning make this an exceptional investment opportunity for developers seeking a high-impact project in a thriving Los Angeles neighborhood.

Highlights

  • 3,300 square foot commercial development land parcel in Los Angeles, CA.
  • Located at 1265 Lyman Place, APN 5542-018-013, zoned RD1.5-XL (Tier 3).
  • Adjacent to Hollywood Presbyterian Medical Center, near Children's Hospital Los Angeles and Kaiser Permanente.
  • Excellent access to public transportation (Metro Rail Red Line) and the 101 Freeway.
  • Offered at $700,000, with potential for acquisition with adjacent property at 1269 Lyman Place.

Property Details for 1265 Lyman Pl

Property type
Land

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0949852
Longitude
-118.2889085

FAQs

What type of property is this?
Land - Prime 3,300 sq ft lot, near hospitals & Metro.
Where is the land located?
The property is located at 1265 Lyman Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 3,300 square foot commercial development land parcel in Los Angeles, CA.; Located at 1265 Lyman Place, APN 5542-018-013, zoned RD1.5-XL (Tier 3).; Adjacent to Hollywood Presbyterian Medical Center, near Children's Hospital Los Angeles and Kaiser Permanente.
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1265 Lyman Pl
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