2042 Holly Drive
Los Angeles, CA 90068
Map
- – beds
- – baths
- – sqft
- 7,495 sqft lot
- 1919 build
- – on site
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!
Last checked:
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Last updated Jun 18, 2025
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MLS# SR25110928 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1919
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:3082.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:2
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Stories Total:1
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Entry Level:1
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Common Walls:2+ Common Walls, No One Above, No One Below
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Entry Location:1
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Laundry:Inside
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Laundry:1
Location
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Directions:North of Franklin and West of Vine.
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Latitude:34.10870300
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Longitude:-118.32939100
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Zoning:LARD2
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Lot Features:2-5 Units/Acre, Utilities - Overhead
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Lot Size Area:7495.0000
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Lot Size Acres:0.1721
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Lot Size SqFt:7495.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1896.00
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Tax Tract:189701
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Tax Lot:75
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5576019026
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Showings Begin:2025-05-22
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Buyer to Verify, Unknown
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:2.00
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Garage Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/8/25
Jun 8, 2025
|
Price Changed | CRMLS_CA | $1,500,000 | -18.3% |
|
5/22/25
May 22, 2025
|
Listed / Active | CRMLS_CA | $1,835,000 |
