1265 Lyman PlLos Angeles, CA 90029
- Land
Property Details for 1265 Lyman Pl
- Property type
- Land
Description
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.
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.095
- Longitude
- -118.289
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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