757 Cole Avenue

757 Cole Avenue

Los Angeles, CA 90038

$2,500,000
Price
6,938 / 0.16
Lot Size / Acres
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Description

Attention Developers and Investors, here is an exceptional opportunity for a premier multi-family development in Hollywood. This vacant corner lot, totaling 6,459 SQFT and zoned R3, is located in a prime neighborhood north of Melrose Ave and one block east of Hudson Ave, near Hancock Park & Larchmont Village. A shovel-ready project can be easily developed into a 7,822 sqft three-story seven-units apartment complex with one level of subterranean parking. The plans include seven two-bedroom apartments,...Attention Developers and Investors, here is an exceptional opportunity for a premier multi-family development in Hollywood. This vacant corner lot, totaling 6,459 SQFT and zoned R3, is located in a prime neighborhood north of Melrose Ave and one block east of Hudson Ave, near Hancock Park & Larchmont Village. A shovel-ready project can be easily developed into a 7,822 sqft three-story seven-units apartment complex with one level of subterranean parking. The plans include seven two-bedroom apartments, each ranging from 1,039-1,350 SF. All permit fees have been paid, and construction can commence immediately. The advantage of this site is its corner location (easy to build) and its proximity to newly developed apartment complexes (curb appeal). Additionally, it is conveniently centrally located with an easy commute throughout Los Angeles to Hollywood, West Hollywood, Beverly Hills, Los Feliz, and La Brea. As well, it near Paramount Studios, Los Angeles Tennis Club, Netflix, Larchmont Village, restaurants, shops & walking distance to the Theatre Row.
  1. Listed by Yana Beranek • DRE #01957970 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert

Property Details for 757 Cole Avenue

Zoning
LAR3
Parcel Number
5533034001
Area
Hollywood (C20)
Lot Size Area
6938
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
5533-034-001
Directions
North of Melrose Ave and one block east of Hudson Ave.

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Yana Beranek, DRE #01957970
Add your commute
LISTING UPDATED: 02/26/2024 09:25 AM

Property Details for 757 Cole Avenue

StatusActive
MLS #23-339951
Days on Market136
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.16 AC
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Yana Beranek, DRE #01957970
Add your commute

Building Information for 757 Cole Avenue

Lot Size0.16 AC

Payment Calculator

$14,354 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$710

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 757 Cole Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Mountains
  • View: Mountain(s)
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.1593
  • Lot Size Square Feet: 6938
  • Lot Size Dimensions: 55x126
  • Source Lot Size Dimensions: Vendor Enhanced
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Interior Features
Interior Features
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 12-15-2023

Property History for 757 Cole Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 757 Cole Avenue

Taxable ValueLand$682,695Additions-Total$682,695
Tax Record2023$8,522 ($710 / month)
Home Facts
Beds2Total Finished SqFt1,339 SqFtAbove Grade Finished SqFt1,339 SqFtStories1Lot Size6,936 SqFtStyleSingle Family ResidenceYear Built1936ZoningLAR3CountyLOS ANGELESAPN5533-034-001

Schools near 757 Cole Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Vine Street Elementary School
Public - K to 6
Hubert Howe Bancroft Middle School
Public - 6 to 8
Fairfax Senior High School
Public - 9 to 12
Melrose Elementary School
Public - K to 5
Rating
School
Distance
Vine Street Elementary School
PublicK to 6

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Melrose Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 757 Cole Avenue, Los Angeles, CA 90038

757 Cole Avenue is a 0.16 ac of land for sale in Los Angeles, CA 90038. This property was listed for sale on December 15, 2023 by Berkshire Hathaway HomeServices California Propert, it's currently listed at $2,500,000. It has been on the market for a total of 136 days and was last sold on June 23, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Vine Street Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 757 Cole Avenue is a 0-bed, 0-bath, 0.16 ac of land on a 6,938 sq. ft. / 0.16 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, Yana Beranek, DRE #01957970

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.