4850 Hollywood Bl Los Angeles, CA 90027

$11,575,000
Los Angeles, CA   90027
0 Beds, 0.0 Baths, 0 sq ft, 38,593 sq ft lot, Built in 1977
0 Beds,
0.0 Baths,
0 sq ft,
38,593 sq ft lot
Built in 1977

Description

MLS# DW16706684

Apex Properties is pleased to present this existing strip center for sale with major development potential. The land size is 38,582 sq. ft. The land is zoned C-2 with the southerly approx 50 ft of the parcel zoned R-1.5. There are major developments springing up all around the site. Most leases are short term or month to month. There are 2 leases whose terms expire in January 2020 - these are the longest remaining lease terms. The property enjoys frontage on Hollywood Blvd of over 265 feet and the depth of the lot is approximately 157 ft. The property is located on SE corner of the signalized intersection of Hollywood Blvd and Edgemont St in the red hot rental market of Los Feliz near Silverlake and Hollywood. Major retailers all around the site. There is a proposed development of 200 apartment units on the SW corner of Hollywood and Edgemont working its way through the entitlement process with the city. Kaiser Permanente is one block to the south providing a major employment base in the area. Listed by Chris Comfort, Apex Properties.

Description

MLS# DW16706684

Apex Properties is pleased to present this existing strip center for sale with major development potential. The land size is 38,582 sq. ft. The land is zoned C-2 with the southerly approx 50 ft of the parcel zoned R-1.5. There are major developments springing up all around the site. Most leases are short term or month to month. There are 2 leases whose terms expire in January 2020 - these are the longest remaining lease terms. The property enjoys frontage on Hollywood Blvd of over 265 feet and the depth of the lot is approximately 157 ft. The property is located on SE corner of the signalized intersection of Hollywood Blvd and Edgemont St in the red hot rental market of Los Feliz near Silverlake and Hollywood. Major retailers all around the site. There is a proposed development of 200 apartment units on the SW corner of Hollywood and Edgemont working its way through the entitlement process with the city. Kaiser Permanente is one block to the south providing a major employment base in the area. Listed by Chris Comfort, Apex Properties.

  • Payment Calculator

    Down Payment:
    Loan Amount:
    Interest Rate:
    Loan Term:

    Principle & Interest Payment
  • Headshot
    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: C20 - Hollywood
COUNTY: LA
Building Info
STORIES: 1
Exterior Features
LOT: 11-15 Units/Acre, Corner Lot, Lot 20000-39999 Sqft, Park Nearby, Value In Land
Community
STORIES TOTAL: 1
Land
WATER: Public
LOT DIMENSIONS: 157 by 265
ZONE: C2
Recently viewed

Nearby cities:    West Hollywood    Commerce    Monterey Park    South Pasadena    Cudahy    Maywood