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7901 Beverly Blvd - "Once in a Generation" Development Site 0.66 Acres of Residential Land Offered at $24,500,000 in Los Angeles, CA 90048

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INVESTMENT HIGHLIGHTS

Major Price Reduction!
Neighborhood Includes The Grove/Farmers Market, CBS Studios, Canters Deli, LACMA, Etc.
28,925± SF of Land | Zoned RAS4-1D | Tier 3 TOC

Join the Historic Fairfax Community and Build Your Legacy
Adjacent to Beverly Hills, West Hollywood and the Miracle Mile
38,888 Vehicles Per Day at Intersection of Beverly Blvd & Fairfax Ave

EXECUTIVE SUMMARY

Major price reduction! Major Properties is thrilled to unveil an iconic, legacy-defining development opportunity at the coveted corner of Beverly Boulevard and Fairfax Avenue—a high-visibility, high-impact location that rarely, if ever, becomes available. This is more than just real estate—it’s a chance to make your mark on one of LA’s most dynamic and recognizable intersections. Whether you envision an architecturally stunning mixed-use destination, ultra-luxury residences, or a bold flagship commercial concept, the canvas is yours—and the possibilities are limitless. Premier assets of this caliber and location come to market once in a generation—if that. This is your moment to secure a landmark presence in one of Los Angeles’ most vibrant, high-traffic corridors. Interested parties are invited to submit proof of qualifications and a portfolio of completed projects along with their offer. Opportunities like this don’t wait. Neither should you.
The property has over 20 entitlements approved for the site which can be used on multiple developments. The cost and time to secure these entitlements is in the multi-millions. A full list of entitlements can be provided via our DD data room. Some may expire if not addressed in a timely manner (e.g. LADWP).

7901 Beverly Blvd OM

PROPERTY FACTS

Price	$24,500,000	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
Sale Condition	Redevelopment Project	Proposed Use	Commercial Mixed Use Multifamily Hospitality Apartment Units Hotel
No. Lots	1	Total Lot Size	0.66 AC
Zoning	LARAS4-1D - Los Angeles Residential Apartments

Price	$24,500,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Mixed Use Multifamily Hospitality Apartment Units Hotel
Total Lot Size	0.66 AC
Zoning	LARAS4-1D - Los Angeles Residential Apartments

1 LOT AVAILABLE

Lot

Price	$24,500,000	Lot Size	0.66 AC
Price Per AC	$36,896,090.07

Price	$24,500,000
Price Per AC	$36,896,090.07
Lot Size	0.66 AC

Major price reduction! Vacant lot with existing facade on 2 major streets. The property has over 20 entitlements approved which can be used on multiple developments. The cost and time to secure these entitlements is in the multi-millions.

DESCRIPTION

Major price reduction! Seller motivated! Rare Los Angeles Mid-City West prime corner development opportunity. 3 concepts to choose from: 1) RTI fully entitled for 71 market rate units. Can easily upgrade to 78 units by changing a few units. 80,000 SF with approx. 10,000 SF retail. Roof top pool. 3 levels of subterranean parking. Art Deco style. 2) Plans need to resubmitted for 146 residential units. 11 low and and 11 moderate income units. Same parking and retail as above. 3) new entitlements and approval from planning for hotel and residential mixed-use. 95 hotel rooms. 90 residential units at market rate + a few affordable units. Retail stores. Historical facade. An increase in height by 3 stories. (Renderings and site plans by Howard Laks Architects). The property has over 20 entitlements approved for the site which can be used on multiple developments. The cost and time to secure these entitlements is in the multi-millions. A full list of entitlements can be provided via our DD data room. Some may expire if not addressed in a timely manner (e.g. LADWP). Other creative development uses include multi-family; hospitality; luxury retail; and medical or office.