CBRE, Inc., as exclusive advisor, is pleased to present a mixed-use development opportunity located on iconic West Sunset Boulevard, in the desirable Silver Lake neighborhood of Los Angeles. Utilizing TOC Tier 3 benefits, 2511-2517 W. Sunset Boulevard is suitable for the development of up to 123 units and ±12,000 square feet of retail space. The property is comprised of ±0.62 acres of land. The site boasts ±218 feet of frontage along world-famous West Sunset Boulevard. The existing improvements consist of a neighborhood supermarket, a small recycling facility and a surface parking lot. The two tenants combined pay ±$108,000 annually on modified gross leases. The supermarket has renewed their lease and their renewal option expires in January of 2024. The recycling facility tenant’s lease expires in 2020. Straddling the trendy neighborhoods of Silver Lake and Echo Park,rovides a developer with a unique opportunity to employ TOC incentives to deliver a significant number of residential units in a very desirable submarket, as well as to capitalize on the incredible retail demand in the area. 2511-2517 W. Sunset Blvd. is offered to the market on an unpriced basis. www.2511Sunset.com