7045 W Sunset BLVD, Los Angeles, CA 90028
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7045 W Sunset BLVD, Los Angeles, CA 90028
7045 W Sunset BLVD, Los Angeles, CA 90028
7045 W Sunset BLVD, Los Angeles, CA 90028
7045 W Sunset BLVD, Los Angeles, CA 90028
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$ 3,995,000
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7045 W Sunset BLVD Los Angeles, CA 90028

0.28 Acres Lot


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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26988497

HOA Y/N No

Lot Size 0.276 Acres

Property Description

We are pleased to present 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 and located within TOC Tier 3, 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.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAC2

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5548013005

Special Listing Condition Standard


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Listed by Daniel Shamooelian Keller Williams Beverly Hills #01984269

NEARBY SCHOOLS & PROPERTIES

Mark Jerusalem

Mark Jerusalem

Advisor License ID: 01371254

+1(310) 600-7585

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7045 W Sunset BLVD