Property Highlights Include: TWO PHASE OPPORTUNITY: Phase One: Secure, City backed land lease & good rental income and Phase Two: Potential Multi Residential development for sough after long term housing. Great East Hollywood location, in vibrant and up and coming neighborhood. Property Overview: Lot Size: Approximately 19,110 square feet, Zoning: C2 RD1.5, Transit Oriented Communities (TOC): Tier 3 CURRENT USE: The site is presently leased to the City of Los Angeles as a future temporary housing facility, generating structured and escalating income while supporting critical community needs. Following the lease term, the property offers significant potential for residential development in a supply constrained and transit oriented submarket of Los Angeles. Projected Annual Income & Cap Rates and OM information available upon request. FUTURE USE: Potential multi residential development responding to long term housing demand. This property combines near term cash flow with long term upside, offering both financial stability and future growth potential. MOTIVATED SELLERS!