1516 La Baig Ave - Apartments FOR SALE
Los Angeles, CA 90028 |
1516 La Baig Ave
Los Angeles, CA 90028
HIGHLIGHTS
- 1516 La Baig Ave is a duplex (delivered vacant) located on a 5,499 SF lot in the Hollywood Media District; just north north of Sunset Blvd.
- Ready-to-issue (RTI) plans to develop a 9-unit market-rate multifamily complex. Please refer to documents section for development plans.
- Neighbors a new 109-unit apartment complex by CIM, across from Sunset Bronson Studios and Emerson College, and adjacent to the Netflix headquarters.
- This site is eligible (buyer to verify) for Opportunity Zone tax benefits and is aligned with the recently enacted Hollywood Community Plan.
- 1516 La Baig is a forward-looking investment in a creative corridor that continues to attract capital, talent, and transformative growth.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Vacant Duplex on Sunset Blvd | Media District
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
1620
STORIES
2
YEAR BUILT
1919
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
5545-007-048
