Entitled Mixed-Use Development
For Sale
Contact for pricing
Pending
1111 Sunset Blvd, Los Angeles, CA 90012
Entitled land offer includes a 6.19-acre site plus an additional parking-structure parcel across the street.
Property SizeContact for details
Lot Size7.70 Acres
Days on Market121
Property Features for 1111 Sunset Blvd
General Information
Standard status
Pending
Total Parking Spaces
391
Lot size
7.70 Acres
Property subtype
Land
Listing Agency:
Berkadia Commercial Mortgage Los Angeles
(310) 209-3200
Listed By:
Adrienne Barr · License #CA 01308753
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 1:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia Commercial Mortgage Los Angeles
Investment Insights
Based on property information with market context.
1111 Sunset Boulevard presents an entitled development opportunity consisting of 6.19 acres of land, plus an additional 1.5 acres across the street. The Letter of Determination ("LOD") dated March 29, 2022 and the EIR are available through the City (Zimas.LACity.org). The 6-acre Sunset site includes an LOD for 827 units, with all units condo mapped, and an on-site plan for 76 affordable units. The project further contemplates 95,000 sf of commercial space (including a neighborhood grocery store) and 48,000 sf of high-end office.
The additional 1.5 acres across the street is currently improved with the Metropolitan Water District Parking Structure ("MWD Structure"), which is configured to provide 391 parking spaces. The remarks also note potential to expand parking through new striping and parking technologies. There is also stated potential for a fourth residential tower with up to 193 units (or up to 382 units) built on top of the existing MWD structure, along with the potential to convert part of the ground floor of the MWD Structure into retail to create a neighborhood-scale main street on Alpine Street. The property is described as set on a hilltop above downtown Los Angeles, with unobstructed Downtown LA skyline views starting on the second floor, and a requirement of only one level of subterranean parking.
The additional 1.5 acres across the street is currently improved with the Metropolitan Water District Parking Structure ("MWD Structure"), which is configured to provide 391 parking spaces. The remarks also note potential to expand parking through new striping and parking technologies. There is also stated potential for a fourth residential tower with up to 193 units (or up to 382 units) built on top of the existing MWD structure, along with the potential to convert part of the ground floor of the MWD Structure into retail to create a neighborhood-scale main street on Alpine Street. The property is described as set on a hilltop above downtown Los Angeles, with unobstructed Downtown LA skyline views starting on the second floor, and a requirement of only one level of subterranean parking.
Key Highlights
- Entitled land totaling 6.19 acres on Sunset Boulevard, plus an additional 1.5‑acre parcel across the street
- March 29, 2022 Letter of Determination (LOD) and EIR available on City website (Zimas.LACity.org)
- 6.19‑acre site includes LOD for 827 condo‑mapped units and a mix of for‑rent apartments and for‑sale condos
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,347
Businesses Nearby
Explore this area
Business Placement
Demographics for 90012, CA
33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled land offer includes a 6.19-acre site plus an additional parking-structure parcel across the street.
Where is this residential land & home lot located?
The property is located at 1111 Sunset Blvd Los Angeles, CA.
What are key features of this property?
This property features: Entitled land totaling 6.19 acres on Sunset Boulevard, plus an additional 1.5‑acre parcel across the street; March 29, 2022 Letter of Determination (LOD) and EIR available on City website (Zimas.LACity.org); 6.19‑acre site includes LOD for 827 condo‑mapped units and a mix of for‑rent apartments and for‑sale condos
