$3,999,000

PRIME LOCATION & AMAZING VIEWS! We are proud to bring you this 23,067 square foot luxury residential development opportunity in the dynamic and prestigious Silver Lake Community of Los Angles. This unique opportunity offers a any developer the ability to acquire a prominent view lot overlooking the famous Silver Lake Reservoir, city lights, Hollywood Sign, mountains and the surrounding neighborhoods. The view doesn't get any better than this! The buyer can develop a minimum of six units in a three duplex configuration. Proximity to retail in Silver Lake, Atwater Village, Virgil Village, Chinatown, and even Downtown Los Angles, This site gives you access to the Hollywood, the Glendale, and the Golden State Freeways. The subject property consists of three contiguous rectangular parcels containing approximately 23,067 square feet (0.530 Acres). This lot has approximately 142 feet of frontage on Glendale Boulevard, with an additional 152 feet on Bancroft Avenue. The site has good corner visibility with pedestrian access from all streets. The subject property is zoned R2-1VL, (Residential), by the City of Los Angles. Zoning Designation: R2, RD3, RD4, RZ3, RZ4, RU, and RW1.