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HOLLYWOOD HILLS, CALIF. — A 1.17-acre Hollywood Hills residential development site that is located at 7926-40 W. Hollywood Blvd. has sold to CLG Cinnamon Creek for $7.2 million. This is an R-3 zoned, unentitled site at the base of the Hollywood Hills. The seller was GTO Regency. The sale was negotiated by Lynwood Fields and Darin Beebower of Madison Partners.