$1,500,000

beds

baths

3,082

square ft

2042 Holly Drive

Los Angeles, California 90068

Active / MLS #SR25110928 / Multiple Unit (2-4) / Los Angeles

Listing information updated 7/21/2025 at 3:02pm

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 to craft a signature project in one of LA's most dynamic neighborhoods. Don't miss this unparalleled opportunity to shape the future of Hollywood Dell!

Full Features

Beds Above Grade:

Pool:

Age:

106 Years

Parking Type:

Assigned

Parking Spaces:

Garage:

Garage - 2 Car(s)

Square Feet:

3,082

Lot Size:

7495 Square Feet

Acreage:

0.1721

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

90068

City:

Los Angeles

County:

Los Angeles

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Beds Above Grade:

Pool:

Age:

106 Years

Parking Type:

Assigned

Parking Spaces:

Garage:

Garage - 2 Car(s)

Square Feet:

3,082

Lot Size:

7495 Square Feet

Acreage:

0.1721

Listing Office: Beverly and Company, Inc.

Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. 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.