CALLING ALL INVESTORS! Investor/Developer Opportunity in Prime Hollywood Location! Don’t miss this incredible redevelopment opportunity in one of the most sought-after areas of Hollywood. Situated on a prime LAR4-zoned lot, this property offers endless potential for developers looking to build multi-family residences in the heart of Los Angeles. The existing structure is a 1,542 sq. ft. home featuring 2 bedrooms, 2 bathrooms and a 2-car garage. Perfectly positioned between Sunset Blvd and Hollywood Blvd, this property is within walking distance to the Hollywood Walk of Fame, the Netflix building, and an array of shops, dining, and entertainment. Just minutes away from Griffith Park, Los Feliz, Dodger Stadium, and Downtown LA, the location is second to none. This is a rare chance to reimagine a property with tremendous upside in the vibrant heart of Hollywood. Bring your vision—this one won’t last!
MLS #
CRSR25186623
MLS Source
California Regional MLS
Days on Site
2
Bedrooms
Primary Suite/Retreat
Kitchen
Other
Appliances
Freezer, Garbage Disposal, Microwave, Other, Oven - Gas, Refrigerator
Dining Room
Formal Dining Room
Fireplace
Living Room
Flooring
Laminate
Laundry
In Garage
Cooling
Ceiling Fan, None
Heating
Fireplace
Roof
Composition, Shingle
Foundation
Permanent
Pool
None
Style
Traditional
Garage/Parking
Garage, Gate/Door Opener, Off-Street Parking, Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR4
1531 Taft Ave is a Single Family Residence in Los Angeles, CA 90028. This 1,542 square foot property sits on a 2,468 Sq Ft Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $899,900 and was built in 1981.
This address can also be written as 1531 Taft Ave, Los Angeles, CA 90028.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 20, 2025. For the most current information, please contact Patricia White