213-553-3839
1000 Seward St, Los Angeles, CA for Sale
Office - FOR SALE
1/2
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1000 Seward St
Los Angeles, CA 90038
Hollywood


OVERVIEW

Savills is pleased to present the opportunity to acquire a rare .79 acre development site located at the intersection of Seward and Romaine in the dynamic Hollywood submarket of Los Angeles. The property offers a high-profile location on Seward across the street from Baranof Holding’s proposed self-storage development, Hudson Pacific’s 16.5 acre Sunset Las Palmas Studios, and is surrounded by dense neighborhoods. Hollywood has rapidly become one of the most dynamic real estate markets in Southern California with the planned development of over 4,000 new housing units that reflects the district’s rapid growth, with residential asking rents averaging 19% higher than the citywide average. Of these new units, 12% will be designated as affordable housing, further contributing to Hollywood’s evolving residential landscape. Additionally, over $3 billion in public and private developments will break ground. These include large scale Multi-family, Mixed Use, Office, Retail, and Hotels projects. Hollywood is a vibrant “live, work, play” community, and it remains a hub for residents and visitors alike, rich in history and artistic expression. With a centralized location in a market characterized by high density development, strong demand, and limited supply, the site is ideal for developers, and investors seeking an infill development opportunity

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,700 SF

ZONING

LAMR1

APN/PARCEL ID

5533-012-025

ASK ABOUT THIS PROPERTY

Michael ShukenSavillsMore Info
213-553-3839

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Michael ShukenSavillsMore Info
213-553-3839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.