7441 W Sunset Blvd

Los Angeles, CA, 90046

$12,950,000

$12,950,000
Active
Active
 - For Sale
property_type
Land
CBRE, Inc. as exclusive advisor is pleased to present for sale the NEC of Sunset & Gardner in Hollywood, a mixed-use development opportunity. The site is comprised of 32,451 square feet of land and boasts an excellent Walk Score of 96 out of 100. It is in close proximity to an abundance of shopping, employment, restaurant, destination nightlife, and entertainment options. The current improvements include five buildings and a surface parking lot. The buildings are 12% occupied with three tenants, including an income producing billboard, that generate an annual gross income of over $72,000. All tenants are on month-to-month leases. The leases can be reviewed in the data room website. The site is zoned C4-1D and qualifies for TOC Tier 1 benefits. If these benefits are applied, then the site would provide for approximately 92,488 F.A.R. square feet. However, if the current version of the Hollywood Community Plan Update (CPIO) is implemented then the F.A.R. square footage would be 100,896. Additional APNs: 5550-013-014, 5550-013-015, and 5550-013-019-022. Full address of the property is 7441-7499 W Sunset Boulevard and 1502-1512 N. Gardner Street, Los Angeles, CA 90046.
MLS® ID:
22-207859
Listed:
11/7/21
Updated:
11/30/22

Exterior/Building Features

Lot Size
0.74 acres lot

Other Property Details

Garage
No
Parking
N
View
Y
County
Los Angeles
Pool
No
Zoning
C4-1D

Courtesy of Laurie J. Lustig, Laurie Lustig,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Crystal Hefner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/30/22

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