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For SaleLuxury

$21,600,000

21,723 sqft$994/sqft103 days on market

7762 Hollywood Boulevard

Los Angeles, CA 90046

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

21,723

Square feet

—

Built

Listing narrative

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

Listing agent (MLS): John Boyett · Listing brokerage (MLS): CBRE

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$21,600,000

Beds

Beds n/a

Type

Land

Home Size

21,723 sqft

Baths

Baths n/a

Lot Size

0.50 acres

Year

Year n/a

Status

For Sale

Days on Market

103

$ / Sqft

$994

· 8% down, 7% APR, 30yr fixed
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Courtesy of CBRE