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1516 La Baig Ave
Los Angeles, CA 90028
Vacant Duplex on Sunset Blvd | Media District · Multifamily Property For Sale
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2 Units
Investment Highlights
- 1516 La Baig Ave is a duplex (delivered vacant) located on a 5,499 SF lot in the Hollywood Media District; just north north of Sunset Blvd.
- Neighbors a new 109-unit apartment complex by CIM, across from Sunset Bronson Studios and Emerson College, and adjacent to the Netflix headquarters.
- 1516 La Baig is a forward-looking investment in a creative corridor that continues to attract capital, talent, and transformative growth.
- Ready-to-issue (RTI) plans to develop a 9-unit market-rate multifamily complex. Please refer to documents section for development plans.
- This site is eligible (buyer to verify) for Opportunity Zone tax benefits and is aligned with the recently enacted Hollywood Community Plan.
Property Facts
| No. Units | 2 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 1,620 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1919 |
| Zoning | R4-1VL | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 1,620 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1919 |
| Zoning | R4-1VL |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
Property Taxes
| Parcel Number | 5545-007-048 | Improvements Assessment | $424,483 |
| Land Assessment | $795,906 | Total Assessment | $1,220,389 |
Property Taxes
Parcel Number
5545-007-048
Land Assessment
$795,906
Improvements Assessment
$424,483
Total Assessment
$1,220,389
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