2284 Holly Drive, Los Angeles, California 90068, Los Angeles, 90068 - 0 bed, 0 bath
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Los Angeles, California 90068
Analysis of 2284 Holly Drive, Los Angeles, California 90068 is currently available with a list price of $1,695,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a 'scrape and rebuild' developer opportunity, with the listing description noting that all units are in need of significant deferred maintenance. Built in 1920, the structures suffer from aging infrastructure and outdated systems. The primary value of the listing lies in the 16,786 SF double lot and its development potential rather than the existing, dilapidated improvements.
The property features a rare 16,786 SF double lot in the Hollywood Hills East, including an entirely undeveloped parcel that offers a blank canvas for new construction or a high-value rebuild project.
Unlike many hillside properties, this lot is mostly flat with easy road access and convenient curb parking, significantly reducing construction complexity and costs for developers.
Currently configured as a triplex with three separate structures, the property provides multiple exit strategies, including immediate rental income, a multi-unit remodel, or a complete residential redevelopment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16786, other record lot size in square feet = 13916.
All existing structures are in need of significant repair and modernization, requiring a substantial additional capital investment beyond the purchase price to bring them to market standards.
With the original structures dating back to 1920, the property likely faces challenges with outdated building systems and structural elements that may not meet modern efficiency or safety requirements.
Prime Developer/Builder Opportunity - 16,786 SF Double Lot Seize this rare chance to acquire two adjacent parcels totaling 16,786 square feet. Lots of options here... Income property, or perfect for a scrape and rebuild project or remodel the main home and use the other 2 units for cash flow (all units in need of deferred maintenance). The first parcel features three separate structures, built in 1920 - the second parcel is undeveloped, offering a blank canvas for new construction. This mostly flat lot boasts easy road access and convenient curb parking. Ideal for developers looking to maximize value in a high-potential location. Don’t miss this opportunity to transform this property into a modern residential gem!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,906 | 2,513 | 50% |
| Lot Size | 16,786 | 7,492 | 75% |
| Price | $1.70M | $1.49M | 50% |
| Price per sq ft | $583 | $594 | 50% |
| Built year | 1920 | 1917 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 182 | 25% |
Mar 30, 2026
$1,695,000
Initial Listing
Sep 14, 2017
$1,200,000
Public Record