1853 Garfield Place, Los Angeles, CA 90028

1853 Garfield Place, Los Angeles Property ID

Description

Maher Commercial Realty is pleased to present 1853 Garfield Place, a ±9,970 SF vacant, gated parcel of land at the intersection of Franklin Avenue and Western Avenue in Hollywood, set in the foothills of Griffith Park and immediately adjacent to Los Feliz. Offered at $1,595,000 (±$160 per Sq.Ft.), the site carries R3-1 zoning and TOC Tier 3 designation, placing it in one of central Los Angeles’ most supply-constrained ownership corridors.

The surrounding area is defined by deep rental and ownership demand: the site sits one block from the Hollywood/Western Metro station and just 0.5 miles from Netflix headquarters, within Hollywood’s expanding studio district and close to major employers including Paramount Studios, Sunset Gower Studios, Viacom, and Technicolor. Daily conveniences are equally strong, Gelson’s, Target, and the 101 Freeway are two blocks away, with Los Feliz Village, Silver Lake, and Sunset Junction minutes from the front door, and the Greek Theatre and Griffith Observatory a five-minute drive. A Walk Score of 85 and Transit Score of 63 underscore the connectivity that draws condominium buyers and renters to this corridor without Westside pricing.

Existing plans and permits to build 23 condominium units can be shared upon request.

Property Features:

  • List Price: $1,595,000
  • Total Land Area: +/- 9,970 Sq.Ft.
  • Proposed GLA: +/-27,052
  • Price Per Sq.Ft. (Land): $160
  • Zoning: R3-1 (TOC) Tier 3

Address

  • Address 1853 Garfield Place, Los Angeles, CA
  • Country United States
  • Postal code/ZIP 90028
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Overview

  • Property ID 1853 Garfield Place, Los Angeles
  • Price $1,595,000.00
  • Property Type ,
  • Property status
  • Land area 9,970 SqFt
  • Zoning R3-1 (TOC) Tier 3
  • Units 23
  • Parking Spaces 25
  • Entitlement Status Fully RTI

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Contact

Nicole Lu

Property Agent

275 S Beverly Dr, Beverly Hills, CA 90212, USA
1 (310) 710-1018

Fluent in 6 languages, Nicole Lu works with local and international investors on strategic real estate projects and acquisitions. She is a southern California native who returned home after 12 years as a consultant in Asia, Europe, North America and Africa. Recent projects include portfolio analysis for a partnership dissolution (multifamily, hospitality, retail, office, industrial, residential, and land); leasing and acquisitions for a healthcare company's nationwide rollout; and market analysis for an investment firm's California portfolio. Her expertise is the identification and implementation of solutions for her clients. Nicole holds a BA in Spanish from UC Berkeley and an MBA from INSEAD in France and Singapore. She is fluent in Mandarin Chinese, Taiwanese, Spanish, French, and Dutch, and studying Hebrew and German. CA DRE 02045957

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