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3077 Cahuenga Blvd W
Los Angeles, CA 90068
Entitled for 122 Affordable Units · Land For Sale
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0.57 AC
Investment Highlights
- Fully Entitled 100% Affordable 122 Unit Development
- Unique Location neighboring the Hollywood Hills, Universal City, and Studio City
- 322,000 Vehicles Per Day along The 101 Freeway
- Currently occupied by a tenant on a MTM lease, generating income during the permitting period
- Close Proximity to Transit and Major Landmarks like Universal Studios and The Hollywood Bowl
Property Facts
Description
Currently, the property is leased to an autobody shop on a month-to-month basis, offering immediate income potential. For owner-users, this presents a unique opportunity to acquire a well-located, operational facility while benefiting from an existing income stream. This setup allows for flexibility in transitioning to ownership or expanding business operations without the immediate pressure of finding a new tenant.
Property Taxes
| Parcel Number | 2429-019-009 | Improvements Assessment | $120,181 |
| Land Assessment | $2,944,529 | Total Assessment | $3,064,710 |
Property Taxes
Parcel Number
2429-019-009
Land Assessment
$2,944,529
Improvements Assessment
$120,181
Total Assessment
$3,064,710
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