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- LoopNet Team
6753 Selma Ave
Los Angeles, CA 90028
Land For Sale
·
0.14 AC
INVESTMENT HIGHLIGHTS
- ±58 Unit Mixed-Use Development Site
- TOC Tier 4 - Two Blocks to Hollywood and Highland Red Line Metro Station - Walk Score of 97 - a “Walker’s Paradise”
- Dense, Urban Infill Hollywood Location
- Qualified Opportunity Zone Site
- Existing Building is Fully Vacant
- C4 Zoning Allows Hotel Use
PROPERTY FACTS
DESCRIPTION
6753 Selma Avenue is currently fully entitled, with ready to issue permits to develop a 7-story mixed-use project which would contain 51 residential units, of which eight units would be set aside as affordable, ±400 square feet of retail/commercial space, and ±1,500 square feet of co-working space. The unit mix and unit sizes were designed with a corporate housing business model in mind, lending to shorter-term leases with a minimum stay of 30 days. All plans are RTI ready, including demolition, architectural, civil, landscape, structural, shoring, mechanical, electrical, and plumbing. The demolition permit has been paid for by the Seller. Physical stamped plans are available in architecture firm's office for potential buyers to view. Plans, Letter of Determination, Renderings and Third Party Reports can be viewed on the Data Room Website.
PROPERTY TAXES
| Parcel Number | 5547-013-014 | Improvements Assessment | $0 |
| Land Assessment | $4,648,091 | Total Assessment | $4,648,091 |
PROPERTY TAXES
