APNs 5537-005-004, 005, 017. The La Mirada-Lexington Development Site is a three-parcel street-to-street development site in Hollywood. Situated on approximately 26,045 square feet of land zoned R4 with a q condition resulting in a base density of 1 unit per 600 square feet of land, the property, on a by-right density, accommodates approximately 43 units. With city of Los Angeles Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a Tier 3 area, the property can accommodate upwards of approximately 75 units. The four existing structures consists of three houses and a 10-unit apartment building. Two of the houses are on one lot which would be considered a duplex so 12 units are currently under rent control. The 10 unit apartment building is fully occupied but the three houses are vacant. Our hypothetical analysis assumes that a developer will entitle the property for approximately 75 units. Listed by Brent Sprenkle, Berkadia.