An estimated 43 percent of land citywide could qualify for the bill’s density incentives.
Metro directors say spending bullet train money in LA would be "more cost effective"
Five real estate companies each spent more than a half million dollars last year alone.
The studio will gain 800,000 square feet more space.
The four-bedroom post and beam was designed in 1953.
Located on the outskirts of Griffith Park, it’s got picture-postcard views
Also Highland Park, Koreatown, and Echo Park.
The 1920s Mediterranean fixer has three bedrooms, two baths, a pool, guest house, and huge lot.
"We could look forward to seeing tall narrow 4 to 5 story buildings towering over single-family homes until they are squeezed," he says.
The midcentury modern has been restored "with the guidance" of Lautner associate Helena Arahuete.