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SOLD 3/28/2024
Listing provided courtesy of Listing Broker: Oron Maher, Maher Commercial Realty
Source CRMLS
5609 W Sunset BlvdLos Angeles, CA 90028
$8,335,857
bed
0bath
0sq ft
5609 W Sunset Blvd, Los Angeles, CA 90028
The subject property presents an investor or developer with the opportunity to purchase a 9,346 square foot building located on a 30,274 square foot parcel on the corner of famed W. Sunset Blvd and St. Andrews in prime Hollywood, located on the same block as Target, Home Depot, and many restaurants and other retail amenities. The site benefits from a unique mix of credit tenants, including a rare drive-thru Burger King and a 7-11 operated by an experienced franchisee. A buyer can benefit from purchasing the property today and immediately collecting cash flow while simultaneously working on entitlements to build approximately 130 units. This parcel is zoned LAC2 and benefits from being in a Tier III Transit Oriented Community, which gives it a 70% density bonus on top it's by-right pote...

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Home facts
Listing
Status
Closed
Listed 8 months ago
Property type
Property
Year Built
Style
Community
Lot Size 30,274 sq ft
MLS # 23289065
Price
List price $8,335,857
Price/sq ft $
Home details
Property, Lot, Community & Exterior Features
Lot Info
Zoning Type: LAC2
Lot Size Area: 30274.0
Acres: 0.695
Lot Size Units: Square Feet
Parking Info
Parking Spaces: 0.0
Building Info
MLS Property Type: Land

Listing Details, Costs & Financing Information
Tax/Assessment Info
1.620
1.620
APN: 5544028031
Listing Details
Status: Closed
Originating System Name: CRMLS

School Neighborhood & Directions
Location
Zip Code: 90028
Area: C20 - Hollywood
Directions: West on Sunset Blvd., North on St. Andrews Place
Country: US
Neighborhood
35
Listings
26
Days listed
$620.69
Price per sqft
97.94%
Sold over list %
Property history
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