Asking Price: $1,850,000

MAJOR PRICE REDUCTION! Amazing investment and/or development opportunity in the heart of West Hollywood, just a few blocks from the trendy Melrose stores and restaurants, and mere minutes from the Grove & Farmers Market. Currently, there is a renovated triplex consisting of the 4BD 2BA main house and 2 studio units in the back; all units can be delivered VACANT at close of escrow; this property is capable of fully carrying itself during the entitlement & plan check process. Lot is zoned WDR3B which allows for up to 5 luxury condos to be built by right. 2 OTHER ADJACENT LOTS ARE AVAILABLE for a much larger 3x lot project - a very rare opportunity. Conceptual architectural plans for a 5-unit luxury condo project, topographic survey & historic assessment report are available & included in the price (Note: there are NO entitlements or permits).