Developer Opportunity for this fast changing Hollywood location from single family homes into brand new multi-unit apartment complexes with all the latest home features. Currently a commercial zoned triplex property with one commercial tenant and two residential tenants, the property owner lives in one of the units. Property is ideal for individuals who would like to live in one of the units and run and operate a mom & pop business from the store front, while collecting rent from the other residential unit or an investor who purchases and rents all three units for income, however, the highest and best use is to develop the property into multi-unit residential with potential of 12 – 16 units based on all the new construction surrounding this property with five of them being on the same block. Situated within one-quarter mile from Santa Monica / Vermont Metro Rail Station, within the heart of Hollywood, easy access to transit, shopping, schools and Los Angeles City College, site is designated TC-3 within a State Enterprise Zone, currently one retail space rented month to month and two residential units, one is rented month to month and the other is occupied by the owner.