Rare Development Opportunity in the Heart of Hollywood Dell! FIRST TIME ON MARKET IN OVER 35 YEARS! Seize this chance to create a stunning condo or townhome project on a 7,493 sqft LARD2-zoned parcel in the coveted Hollywood Dell neighborhood. Just north of the iconic Capitol Records and the vibrant Sunset Vine development, this prime lot is surrounded by luxury condos, trendy restaurants, fitness studios, and production spaces, making it a hotspot for modern urban living. This property offers immediate flexibility for redevelopment. A recent appraisal (less than 30 days ago) valued it at $1.85M, highlighting its strong investment potential. With the right vision, a rooftop deck could showcase breathtaking views of the Hollywood Hills, Capitol Records, Downtown LA, and the Hollywood Bowl. Prime Location: Steps from Franklin Village Shops, Birds, The Oaks, Bourgeois Pig, Hollywood Lake Dog Park, Paramount, Universal Studios, CNN Building, Farmers Market, Hollywood Bowl, O Restaurant, Beauty & Essex, Tao, SoulCycle, Equinox, Off-Vine, Katsuya, and top-tier hiking trails with iconic Hollywood Sign views. Families will love the nearby kids’ parks, while professionals and creatives will appreciate the proximity to studios and entertainment hubs. This is a developer’s dream t
MLS #
CRSR25110928
MLS Source
California Regional MLS
Days on Site
7
Appliances
Other
Pool
None
Garage/Parking
Assigned Spaces, Garage: 2 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 3 | 4 |
2042 Holly Dr is a Residential Income in Los Angeles, CA 90068. This – square foot property sits on a 7,495 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,835,000 and was built in 1919.
This address can also be written as 2042 Holly Dr, Los Angeles, CA 90068.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 23, 2025. For the most current information, please contact Gerard Balian, (323) 573-3004