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INVESTMENT HIGHLIGHTS
- Entitled for a 41-unit boutique mixed-use building
- Approved 670 SF digital billboard will produce significant cash flow immediately upon completion
- Adjacent to LA’s top retailers, restaurants and nightlife
- High visibility signalized corner location with ±180 feet of frontage along Sunset Boulevard
- Seller has obtained two signage bids from digital media companies, which can be reviewed in the data room website
EXECUTIVE SUMMARY
CBRE, as exclusive agent, is pleased to present an entitled mixed-use development site for sale. This exceptional opportunity at a high-identity location, marks the gateway to the iconic Sunset Strip. Situated at the northeast corner of Sunset Boulevard and Laurel Avenue, this site offers entitlements to build 41 apartment units, 4,325 square feet of retail space, and a 670-square-foot digital billboard. With its strategic positioning and dynamic mixed-use potential, the property stands as a landmark development prospect in one of Los Angeles’ most vibrant corridors.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Mixed Use |
| Property Type | Land | Total Lot Size | 0.27 AC |
| Zoning | C4-1D - Heavy Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.27 AC |
| Zoning | C4-1D - Heavy Commercial |
1 LOT AVAILABLE
Lot
| Lot Size | 0.27 AC |
| Lot Size | 0.27 AC |
Walk Score®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 5551-017-007 | Improvements Assessment | $0 |
| Land Assessment | $9,727,740 | Total Assessment | $9,727,740 |
PROPERTY TAXES
Parcel Number
5551-017-007
Land Assessment
$9,727,740
Improvements Assessment
$0
Total Assessment
$9,727,740
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7979 W Sunset Blvd
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