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1358 N Highland Ave 0.11 Acres of Commercial Land Offered at $3,000,000 in Los Angeles, CA 90028
Investment Highlights
- Close Proximity to Hollywood Walk of Fame, El Captain Theatre, Dolby Theatre, Mels Drive-In Hollywood, and Capital Records Building
- Ideally suited for retail, restaurant, or service-oriented uses
- Signalized corner site at Highland Avenue and De Longpre Avenue
- Rare opportunity to secure a premier corner position in one of Hollywood’s most dynamic and heavily trafficked corridors
Executive Summary
With flexible terms available—for sale, ground lease, build-to-suit, or a parking lot lease for 16 spaces—1358 N Highland offers a rare opportunity to secure a premier corner position in one of Hollywood’s most dynamic and heavily trafficked corridors.
Property Facts
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 0.11 AC |
| Price Per AC | $27,272,727.27 |
| Price | $3,000,000 |
| Price Per AC | $27,272,727.27 |
| Lot Size | 0.11 AC |
±4,772 SF signalized hard corner at Highland Ave & De Longpre Ave. LAC2 zoning, dual frontage, 16-space improved parking lot. For sale, ground lease, BTS, or parking lease.
Description
Rare hard-corner development site at the signalized intersection of Highland Avenue & De Longpre Avenue, one of Hollywood's most trafficked corridors with 52,945 vehicles per day. Available for sale, ground lease, build-to-suit, or parking lot lease — offering maximum flexibility for investors, developers, and operators. The location is anchored by some of Hollywood's most recognized names: Netflix, Paramount, CNN, Live Nation, NeueHouse, Sunset Bronson Studios, Katsuya, In-N-Out, and Target. Average household income reaches $102,100 within 1 mile and $113,945 within 3 miles across a daytime population of ±74,283. Ideal for retail, food & beverage, drive-by signage, or covered land play. Conceptual renderings and site plan available.
Property Taxes
| Parcel Number | 5547-033-001 | Improvements Assessment | $5,800 |
| Land Assessment | $1,154,779 | Total Assessment | $1,160,579 |
Property Taxes
