Description
Attention investors and developers! Two adjacent lots 1928 & 1932 Dewey St sold together for $899,000, totaling 10,836 sq.ft. Zoned PS-1, with potential to build 1518 residential units across four stories with ground-floor parking (per architect). Currently improved with a duplex generating steady rental income front unit 2BD/2BA leased at $2,000/month, rear unit 1BD/1BA under long-term lease. Ideal to hold and collect income while planning your next multifamily project. Prime Hollywood location near Downtown, cafs, and just 2 miles from the beach. Seller open to JV or full sale.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,468SQFT
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$612$/SQFT
School Ratings & Info
Description
Attention investors and developers! Two adjacent lots 1928 & 1932 Dewey St sold together for $899,000, totaling 10,836 sq.ft. Zoned PS-1, with potential to build 1518 residential units across four stories with ground-floor parking (per architect). Currently improved with a duplex generating steady rental income front unit 2BD/2BA leased at $2,000/month, rear unit 1BD/1BA under long-term lease. Ideal to hold and collect income while planning your next multifamily project. Prime Hollywood location near Downtown, cafs, and just 2 miles from the beach. Seller open to JV or full sale.
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