Phone888.995.7575

4850 Hollywood Boulevard, Los Angeles, CA 90027

$11,575,000 Approx. USD 0 beds, 0 baths
15,813 sqft

Agent Remarks

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.

Listing Details

Property type: (Commercial)
Status: Pending
MLS# DW16706684
List price is $11,575,000
Beds: 0
Baths: 0
Built in 1977
15,813 sqft
0.88 acres
Lot size: 38593.000
County: Los Angeles
Zoning: C2
MLS area: C20 - Hollywood

Last Updated: 10/14/2016

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This listing belongs to the C20 - Hollywood MLS area

The listing is zoned C2.
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Lat/Long: 34.101406, -118.295670.
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Broker: Courtesy of Apex Properties
Listing Agent: Chris Comfort

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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