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7762 Hollywood Blvd
Los Angeles, CA 90046
Land For Sale
·
0.50 AC
Investment Highlights
- Prime Hollywood Location at the Foothills Adjacent to West Hollywood
- Less than a Mile Northeast from the Sunset Strip
- One (1) Level Subterranean Designed for Laundry & Parking
- Fully Entitled for 215-Units Under Executive Directive 1 (ED1)
- Efficient, Stackable Design Going 6-Stories
- Dominant Access to Major Employment Hubs Across the Westside & Through Laurel Canyon to Studio City
Executive Summary
The Boyett Team at CBRE are proud to present a fully entitled redevelopment site for 215-units located at 7762 Hollywood Boulevard in Los Angeles, California. The subject property is situated in a prime Hollywood location set at the foothills adjacent to West Hollywood, north of Sunset Boulevard and east of N Fairfax Avenue.
Fully entitled for 215-units under the Mayor's Executive Directive 1 (ED1), the plans call for fifty (50) Studio / 1-Bathroom units and one hundred sixty-five (165) 1-Bedroom / 1-Bathroom units. The building is planned to go six (6) stories in height with a highly efficient, stackable design enabling modular construction across all floors, and one (1) level subterranean for laundry and parking. The site is less than a mile northeast of the Sunset Strip at the base of the coveted Mt Olympus neighborhood. Residents will enjoy dominant access to the best amenities afforded to Los Angeles, all within short commuting distance to major employment hubs across the Westside.
Situated in a prime Hollywood location at the foothills adjacent to West Hollywood, this offering presents a once in a lifetime opportunity to capitalize on high density plans in an irreplaceable, heavily supply constrained market of Los Angeles.
*OM Available Upon Request
Fully entitled for 215-units under the Mayor's Executive Directive 1 (ED1), the plans call for fifty (50) Studio / 1-Bathroom units and one hundred sixty-five (165) 1-Bedroom / 1-Bathroom units. The building is planned to go six (6) stories in height with a highly efficient, stackable design enabling modular construction across all floors, and one (1) level subterranean for laundry and parking. The site is less than a mile northeast of the Sunset Strip at the base of the coveted Mt Olympus neighborhood. Residents will enjoy dominant access to the best amenities afforded to Los Angeles, all within short commuting distance to major employment hubs across the Westside.
Situated in a prime Hollywood location at the foothills adjacent to West Hollywood, this offering presents a once in a lifetime opportunity to capitalize on high density plans in an irreplaceable, heavily supply constrained market of Los Angeles.
*OM Available Upon Request
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.50 AC |
| Zoning | LAR3 - High Density Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.50 AC |
| Zoning | LAR3 - High Density Residential |
1 Lot Available
Lot
| Price | $21,600,000 | Lot Size | 0.50 AC |
| Price Per AC | $43,323,298.11 |
| Price | $21,600,000 |
| Price Per AC | $43,323,298.11 |
| Lot Size | 0.50 AC |
Property Taxes
| Parcel Number | 5551-014-011 | Improvements Assessment | $4,400,892 |
| Land Assessment | $3,610,188 | Total Assessment | $8,011,080 |
Property Taxes
Parcel Number
5551-014-011
Land Assessment
$3,610,188
Improvements Assessment
$4,400,892
Total Assessment
$8,011,080
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