This property is being sold with 417 N Serrano as a tear down development project utilizing the ED-1 program to build up to 122 units. The property is conveniently located to DTLA, Los Feliz, Hollywood, Beverly Hills and Larchmont Village. Major nearby retailers include Vons, Starbucks, Citi, Crossfit and Bank of Hope. Shopping, dining and entertainment are located on Western Avenue and chic cafes, boutique shops and trendy restaurants are within walking distance to Larchmont Village. Demographics show that the average household income wihtin a three mile radius is over $85,000. In addition, Paramount Studios, Hollywood Forever Cemetary and the Wilshire Country Club are close by. Looking ahead, the area is poised for even greater transformation with upcoming developments set to enhance its allure. Future projects include the expansion of mixed-use spaces, promising an exciting blend of residential, commercial, and recreational opportunities.