$21,600,000

We are proud to present a fully entitled redevelopment site for 215-units located at 7762 Hollywood Boulevard in Los Angeles, California. The subject property is situated in a prime Hollywood location set at the foothills adjacent to West Hollywood, north of Sunset Boulevard and east of N Fairfax Avenue. Fully entitled for 215-units under the Mayor's Executive Directive 1 (ED1), the plans call for fifty (50) Studio / 1-Bathroom units and one hundred sixty-five (165) 1-Bedroom / 1-Bathroom units. The building is planned to go six (6) stories in height with a highly efficient, stackable design enabling modular construction across all floors, and one (1) level subterranean for laundry and parking. The site is less than a mile northeast of the Sunset Strip at the base of the coveted Mt Olympus neighborhood. Residents will enjoy dominant access to the best amenities afforded to Los Angeles, all within short commuting distance to major employment hubs across the Westside. Situated in a prime Hollywood location at the foothills adjacent to West Hollywood, this offering presents a once in a lifetime opportunity to capitalize on high density plans in an irreplaceable, heavily supply constrained market of Los Angeles. *OM Available Upon Request