7142 Marshfield Way, Los Angeles, CA 90046

$1,100,000 Asking Price

2 beds
4 baths
2,098  sqft
Built in 1905

Unveiling a rare opportunity for developers in a coveted location of Hollywood! Presenting an expansive lot nestled in a prime setting, this property offers endless potential for visionary investors seeking to make their mark in one of the most sought-after neighborhoods. Situated in a desirable area between Hollywood Blvd, La Brea, and Sunset Blvd, this sizable lot boasts ample space and a strategic location, making it an ideal canvas for your next project. Whether you're dreaming of crafting a stunning new residential development, envisioning a sleek commercial venture, or conceptualizing a mixed-use masterpiece, the possibilities are limited only by your imagination (and the city of course, do your own investigation). While the existing structure may be ready for a new chapter, the true value lies in the land itself. With the seller's keen interest in selling not only this property but also its neighboring parcel and the adjacent strip of land across the street, this presents a unique opportunity for a comprehensive development strategy, allowing for seamless integration and maximized potential. Unlock the possibilities and seize this rare chance to shape the future landscape of this vibrant community. With strategic foresight and innovative vision, the opportunity to create something truly remarkable awaits. Don't miss out on this exceptional offering. Contact me today to explore the endless possibilities and take the first step towards realizing your development dreams!

Features & Amenities

Interior

Laundry:
Outside
A/C:
Swamp Cooler(s)
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Topography:
Level
Zoning:
5548008019
View:
Neighborhood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Engel & Volkers Santa Clarita, Amanda Jones

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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