7045 W Sunset Blvd - Commercial LAND FOR SALE


Los Angeles, CA 90028- Hollywood12,001 SF
$3,995,000 USD
310-651-1800
7045 W Sunset Blvd, Los Angeles, CA for Sale
$3,995,000 USD
Commercial LAND - FOR SALE
1/17
12,001 SF

7045 W Sunset Blvd
Los Angeles, CA 90028
Hollywood


OVERVIEW

We are pleased to present for sale a rare opportunity to acquire an approximately 12,000 SF vacant development site directly on Sunset Blvd in the heart of Hollywood. Offered at $3,995,000, representing an attractive land basis of approximately $333/SF. Zoned C2-2D-SN, located within TOC Tier 3 and an Opportunity Zone, the site offers significant development potential and flexibility. Build approximately 30 units by right or potentially up to 63 units with TOC incentives + ADUs (buyer to verify). The property may also offer potential for a 100% affordable housing development (buyer to verify). Vacant land with no tenant relocation, demolition costs, or SB 8 replacement issues. Lot dimensions are approximately 60' x 200'. Seller financing options available. Prime Sunset Blvd location in the heart of Hollywood, within walking distance of Hollywood/Highland Metro, shopping, dining and entertainment. An excellent opportunity to acquire a sizable, clean-slate development site along one of Hollywood's most recognizable corridors with multiple potential development strategies.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/ACRE

$14,501,855/AC

PRICE/SF

$333 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.28 AC

LAND SF

12,000 SF

OFFSITE IMPROVEMENTS

-

ZONING

LAC2-2D-SN-CPIO

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

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Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

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