The subject property is located in the desirable Hollywood submarket which is experiencing a dramitic re-birth. Hollywood currently has an estimated $1.5 Billion of new construction either in the planning phase or construction stage. This offering presents an opportunity for infill development of a single fimily home no longer meeting it highest and best use. It is located in a quiet section of Monroe St, which has already seen new construction. It is zoned DH-2 which allows for 4 stories and an FAR of 1.75 which if perfect to multi-family or townhouse development The lot dimrntions are 50’ front footage and 201’ deep.
