2741 Hyans Street,Los Angeles,Los Angeles,Land

Property Description

Now is your opportunity to own 3 quaint ‘Hollywood Bungalows’ on 2 contiguous lots, bordering the trendy and hip Silver Lake community. The two adjacent lots total 9600 sq. ft. of lot size, improved with 3 detached houses. On 2741 Hyans St., there is one 1184 sq. ft. 2 bedroom, 1 bathroom home. Additionally, 2743 Hyans St. is improved by two detached houses. The first is 660 sq. ft., and the second is 605 sq. ft. Both homes have 2 bedrooms and 1 bathroom and are currently tenant occupied (tenants are month to month). The properties are zoned RD2-1 and are in the City of Los Angeles TOC District. The zoning allows for 5 units by right, and 8 units, utilizing the TOC Density Bonus. Additional units, ADUs, or potential lot splits may be available with the SB9 State Law and City ADU Ordinances. This is an exceptional development opportunity in a rapidly expanding, up-and-coming area.