Hello to Hollywood! Located in the "Hollywood" area the subject is 6752 sq. feet per assessor data. Zoning is LAR3-1 in the city of Los Angeles. The current zoning allows for a density one unit per 800 sq. feet. Notwithstanding the Property's current zoning, it also may be subdivided into smaller lots based on the City's "Small Lot Subdivision Ordinance". There have been several projects completed in the surrounding area using this ordinance. Homes sold in these projects have recently been selling in a range of $700,000 to $1,100,000. Similar lots have sold in excess of $1.200,000. Currently there is a small residence on the property of approximately 896 square feet, built 1920. It is occupied and we ask you to PLEASE DO NOT DISTURB TENANT! Drive by only. Thank you.