Land
1120-1164 W Sunset Blvd
Los Angeles, CA 90012
$9,000,000
Listing Price
45,398 SF (1.04 Acres)
Lot Size
237
Buildable Units
$37,975
Price/Buildable Unit
$198
Price/SF
Offering Update
Current escrow reflects an expanded multi-lot assemblage at $9,000,000 / 237 buildable units. The available OM was prepared for the original listing scope. Contact the LAAA team for current details.
Development Details
PlansUnentitled
ProductApartments
ZoningC2-1VL, TOC Tier 2, TOIA, AB 2097
FAR4.5:1
Current UseVacant
Price/SF$198
Investment Highlights
- •Fifteen parcel assemblage. Fifteen contiguous parcels from three separate ownerships, a fragmented Sunset Boulevard hillside strip unified into one development site.
- •45,398 square feet of C2-1VL land. About 1.04 acres of commercially zoned frontage on the north side of Sunset Boulevard between Boylston Street and White Knoll Drive.
- •237 unit affordable project. The Flats on Sunset calls for a six story building with 237 one, two and three bedroom apartments above parking for 217 vehicles.
- •Tax credit execution. High Resource TCAC designation and Difficult Development Area status support a tax-credit financed affordable housing project.