1269 Lyman PlLos Angeles, CA 90029
- Land
Property Details for 1269 Lyman Pl
- Property type
- Land
Description
This exceptional 9,680 square foot commercial land parcel, located at 1269 Lyman Pl, Los Angeles, CA 90029 (APN 5542-018-012), presents a unique redevelopment opportunity. Zoned C2-CSA1 (Tier 3), this property is part of the East Hollywood SNAP Plan, allowing for a 3.0:1 Floor Area Ratio (FAR). Its adjacency to Hollywood Presbyterian Medical Center and proximity to Children's Hospital Los Angeles and Kaiser Permanente Medical Center, coupled with the potential for increased FAR (4.5:1 with a 200ft height limit) specifically for hospital development, makes this an attractive investment. The site boasts convenient access to public transportation, including the Metro Rail Red Line at Vermont and Sunset, and the 101 Hollywood Freeway, ensuring excellent connectivity. The asking price is $3,000,000. This vacant lot offers significant potential for a variety of commercial developments, capitalizing on its prime location and advantageous zoning regulations. Serious inquiries only.
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0953
- Longitude
- -118.289
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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