4773 Hollywood Blvd - Residential LAND FOR SALE


Los Angeles, CA 90027- Los Feliz28,314 SF
$9,250,000 USD
310-550-2592
4773 Hollywood Blvd, Los Angeles, CA for Sale
$9,250,000 USD
Residential LAND - FOR SALE
1/9
28,314 SF

4773 Hollywood Blvd
Los Angeles, CA 90027
Los Feliz


OVERVIEW

CBRE, Inc., as exclusive advisor to the Seller, is pleased to present 4773 Hollywood Blvd. located in the Los Feliz submarket of Los Angeles. This site is composed of three adjacent parcels totaling approximately 28,498 SF of lot area. The site dimensions are ±135’ x ±210’. Currently vacant, this site sits within the Hollywood Community Plan area and the Vermont/Western Station Neighborhood Area Specific Plan (SNAP). The site contains two zoning designations of C2-1D for the fronting parcels on Hollywood Blvd., and RD1.5- 1XL for the rear parcel on Berendo St. Ownership is currently in Planning with a 90-unit project. The site is eligible for numerous state and local incentives which would permit up to ±120 units in a State Density Bonus (AB 1287) project and unlimited density in a Mixed-Income, Affordable Housing Incentive or ED1 project. Potential buyers are encouraged to review the land use memo provided in the Virtual Deal Room. The area around the site, Los Feliz and Silverlake, offer a dynamic and appealing lifestyle in Los Angeles, characterized by a vibrant cultural scene, diverse culinary experiences, access to green spaces like Griffith Park and the Silver Lake Reservoir, and a strong sense of community. While Silver Lake leans towards a trendier, more eclectic vibe, Los Feliz offers a slightly more established and classic Los Angeles charm. Both neighborhoods provide a rich urban experience with a wealth of amenities and attractions that draw residents and visitors alike. During the past 12 months, about 290 net new apartments delivered in the East Hollywood Submarket. The East Hollywood Submarket currently has around 1,300 units under construction, which will expand unit count in the submarket by 3.7% once all developments complete. Please visit the Property Website www.4773hollywood.com to execute the Confidentiality Agreement and access the Virtual Deal Room.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/ACRE

$14,230,769/AC

PRICE/SF

$327 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Hollyhock Development Site | Los Feliz

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Retail, Multi-Family, Apartment Units, Apartment Units - Condo, Schools, Self-Storage

LAND ACRES

0.65 AC

LAND SF

28,314 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C2-1D & RD1.5-1XL

APN/PARCEL ID

5589-030-030

ASK ABOUT THIS PROPERTY

310-550-2592

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310-550-2592

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