We are pleased to present for sale an RD1.5, TOC tier 3, development opportunity located in the heart of East Hollywood! Current improvements include a duplex (both units have been occupied by the owner long term, no tenants!). The property is situated just 5 blocks away from the Vermont/Santa Monica METRO Red Line!! Property is also located within a qualified opportunity zone! (potential tax incentives for new construction-buyer to verify). Lot size is a generous sized 6,500 sqft, meaning a developer can build 4 units by right or up to 7 units utilizing the new TOC regulations. Lot dimensions are 50 ft by 130 ft. Close to Silver Lake, Melrose, Hollywood, LA City College, Metro Red Line, LA theaters, restaurants, and all amenities! Excellent opportunity for small lot subdivision or fourplex! Buyer to verify all zoning and TOC regulations with LADBS. Property to be sold As-Is, seller will not make any repairs nor offer any credits.