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We are pleased to present 1853 Garfield Place, a 9,970 SF vacant, gated parcel of land at the intersection of Franklin Avenue and Western Avenue in Hollywood, set in the foothills of Griffith Park and immediately adjacent to Los Feliz. Offered at $1,595,000 ($160 per Sq.Ft.), the site carries R3-1 zoning and TOC Tier 3 designation, placing it in one of central Los Angeles' most supply-constrained ownership corridors. The surrounding area is defined by deep rental and ownership demand: the site sits one block from the Hollywood/Western Metro station and just 0.5 miles from Netflix headquarters, within Hollywood's expanding studio district and close to major employers including Paramount Studios, Sunset Gower Studios, Viacom, and Technicolor. Daily conveniences are equally strong, Gelson's, Target, and the 101 Freeway are two blocks away, with Los Feliz Village, Silver Lake, and Sunset Junction minutes from the front door, and the Greek Theatre and Griffith Observatory a five-minute drive. A Walk Score of 85 and Transit Score of 63 underscore the connectivity that draws condominium buyers and renters to this corridor without Westside pricing. Existing plans and permits to build 23 condominium units can be shared upon request.
Listing agent: Nicole Lu DRE #02045957 nicole@mahercr.com, Listing office: Maher Commercial Realty
MLS data updated 10/26/2026, 6:00:36 PM PT
Source: CRMLS, MLS #: 26884225
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 26, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,595,000Original asking price · Aug 26, 2026ZIP 90028 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.