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$ 21,600,000
Est. payment /mo
Active
7762 Hollywood Blvd Los Angeles, CA 90046
0.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26865483
Lot Size 0.499 Acres
Acres 0.4987
Property Description
We are proud to present a fully entitled redevelopment site for 215-units located at 7762 Hollywood Boulevard in Los Angeles, California. The subject property is situated in a prime Hollywood location set at the foothills adjacent to West Hollywood, north of Sunset Boulevard and east of N Fairfax Avenue. Fully entitled for 215-units under the Mayor's Executive Directive 1 (ED1), the plans call for fifty (50) Studio / 1-Bathroom units and one hundred sixty-five (165) 1-Bedroom / 1-Bathroom units. The building is planned to go six (6) stories in height with a highly efficient, stackable design enabling modular construction across all floors, and one (1) level subterranean for laundry and parking. The site is less than a mile northeast of the Sunset Strip at the base of the coveted Mt Olympus neighborhood. Residents will enjoy dominant access to the best amenities afforded to Los Angeles, all within short commuting distance to major employment hubs across the Westside. Situated in a prime Hollywood location at the foothills adjacent to West Hollywood, this offering presents a once in a lifetime opportunity to capitalize on high density plans in an irreplaceable, heavily supply constrained market of Los Angeles. *OM Available Upon Request
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAR3
Exterior
View Y/N Yes
View City, Hills
Building
Lot Description Single Lot, Lot Shape-Rectangular
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by CBRE
NEARBY SCHOOL & BUSINESS
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