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Investment Highlights

  • Premier Hollywood Corner At The Intersection Of Sunset Boulevard And Highland Avenue.
  • Significant Value-Add Potential Through Repositioning Strategies.
  • Surrounded By Entertainment, Media, Retail, And Hospitality Demand Drivers.
  • Exceptional Covered Land Play With Flexible Development Optionality.
  • Benefits From Direct Access To Major Regional Transit Infrastructure.
  • Available As A Portfolio Acquisition Or As Individual Property Purchases.

Executive Summary

Sunset & Highland presents a rare opportunity to acquire a premier four-parcel assemblage totaling approximately 82,009 square feet of land at the highly visible northeast corner of Sunset Boulevard and Highland Avenue in the heart of Hollywood. The portfolio comprises approximately 45,521 square feet of existing retail, office, creative office, and theatre improvements, offering some cash flow while providing exceptional long-term redevelopment potential. Surrounded by world-class entertainment, hospitality, creative office, and mixed-use developments, Sunset + Highland offers investors the opportunity to establish a generational land position in one of Los Angeles' most dynamic and supply-constrained urban markets.
The offering provides investors with a covered land play in an irreplaceable infill location where barriers to entry remain high and available development sites are increasingly limited. Its proximity to major entertainment and media demand drivers further supports the property's long-term relevance and potential. Available for acquisition as either a complete portfolio or individual properties, Sunset & Highland represents a unique opportunity to control a landmark Hollywood corner with meaningful value-add and development optionality.
PREMIER HOLLYWOOD CORNER WITH IRREPLACEABLE INFILL POSITIONING
Rare opportunity to acquire a large-scale assemblage at one of Hollywood’s most recognized and high-traffic intersections — the northeast corner of Sunset Boulevard and Highland Avenue — offering unmatched visibility, accessibility, and long-term land value.

EXCEPTIONAL COVERED LAND PLAY WITH FLEXIBLE DEVELOPMENT OPTIONALITY
The site presents a compelling covered land strategy, with existing improvements generating near-term income while an investor executes a development plan. The assemblage can be developed in its entirety or in phases, providing flexibility across a range of capital strategies and investment timelines.

SIGNIFICANT VALUE-ADD UPSIDE THROUGH REPOSITIONING
Elevated vacancy and a short-term lease profile create an immediate opportunity to reposition the asset — whether through re-tenanting at market rents, redevelopment, or a phased approach — allowing an investor to drive NOI growth and compress cap rates over the hold period.

DIRECT ACCESS TO WORLD-CLASS TRANSIT INFRASTRUCTURE
The property sits in immediate proximity to the Hollywood/Highland Metro B Line (Red Line) subway station, one of the busiest transit nodes in Los Angeles, providing exceptional connectivity to Downtown LA, the Westside, and beyond — a critical attribute for future residential, retail, or mixed-use development.

EPICENTER OF HOLLYWOOD'S ONGOING RENAISSANCE
The site is surrounded by billions of dollars in recently completed and currently under construction mixed-use, multifamily, and studio/creative office development, reflecting sustained institutional confidence in Hollywood as a premier live-work-play destination.

GENERATIONAL LAND BASIS IN A SUPPLY CONSTRAINED MARKET
Hollywood’s dense urban fabric, combined with increasing entitlement complexity and rising construction costs, severely limits the pipeline of comparably scaled development
opportunities. Acquiring this assemblage represents a rare chance to establish a generational land position in one of Los Angeles’ most dynamic submarkets.

UNRIVALED PEDESTRIAN TRAFFIC AND CONSUMER DEMAND
Sunset Boulevard and Highland Avenue collectively draw millions of visitors, residents, and employees annually. The intersection anchors the Hollywood Walk of Fame, the Dolby Theatre, the Hollywood & Highland entertainment complex, and a dense concentration of hotels, retail, and restaurants — providing a built-in consumer demand driver for any future retail or hospitality component.

PROXIMITY TO MAJOR ENTERTAINMENT AND MEDIA DEMAND DRIVERS
The property benefits from proximity to major studio, streaming, and media tenants that have made Hollywood a focal point of their real estate strategies, underpinning long term demand for creative office, production, and mixed-use assets in the immediate submarket.

Property Facts

Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 1
Total Building Size 51,521 SF
Total Land Area 1.88 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
6751 W Sunset Blvd, Hollywood, CA 90028 Land 0.38 AC - -
1536 N Highland Ave, Los Angeles, CA 90028 Office 5,612 SF 1962 -
Sunset Plaza
6767 W Sunset Blvd, Los Angeles, CA 90028
Retail 24,114 SF 1990 -
1532 N Highland Ave, Los Angeles, CA 90028 Retail 21,795 SF 2018 -
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  • Listing ID: 41456994

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: Sunset + Highland, Los Angeles, CA

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