7038 W Sunset Blvd | Los Angeles, CA 90028
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- LoopNet Team
7038 W Sunset Blvd
Los Angeles, CA 90028
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime redevelopment opportunity on the famous Sunset Strip with approximately ±33,520 SF lot size.
- Ample surface parking for up to 95 cars
- Renovated restaurant/tavern building of 9,424 SF with 2,000 SF basement
- Nearby closed commercial property at 7022 Sunset Blvd. set for redevelopment into a mixed-use apartment complex, enhancing the area's vibrancy
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,511 SF
Building Class
C
Year Built
1940
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.77 AC
Zoning
LAC4 - 2100 - Restaurant, Cocktail Lounge, Tavern - One Story
Parking
62 Spaces (6.58 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 5548-017-052 | Improvements Assessment | $455,130 |
| Land Assessment | $9,785,331 | Total Assessment | $10,240,461 |
PROPERTY TAXES
Parcel Number
5548-017-052
Land Assessment
$9,785,331
Improvements Assessment
$455,130
Total Assessment
$10,240,461
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