848-862 Vine St - Retail FOR SALE


Los Angeles, CA 90038- Hollywood
$6,500,000 USD
213-623-0800
848-862 Vine St, Los Angeles, CA for Sale
$6,500,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

848-862 Vine St
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Existing tenancy provides cash flow during entitlement and redevelopment
  • Commercial, residential, and mixed-use development potential
  • Central location near Hollywood, Larchmont, West Hollywood, and DTLA
  • Near major studios, production facilities, and creative employers
  • Qualified Opportunity Zone and ZI-2374 State Enterprise Zone
  • Located within a High-Quality Transit Corridor

OVERVIEW

A rare covered land opportunity in the heart of Hollywood offering existing cash flow, flexible commercial and residential zoning, and a layered housing incentive profile. Positioned within one of Los Angeles’ premier entertainment and employment districts, the Property offers multiple redevelopment strategies supported by transit access, walkability, and long-term neighborhood growth.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$702 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

CROSS STREETS

Gregory Ave

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

C2-2D-CPIO & R4-1VL-CPIO

APN/PARCEL ID

5534-030-024

ASK ABOUT THIS PROPERTY

Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

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

Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

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