Redevelopment Commercial
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7318 Sunset Blvd, Los Angeles, CA 90046
C4-1D-zoned corner parcel with existing auto repair occupancy and multifamily redevelopment potential subject to city verification.
Property SizeContact for details
Days on Market144
Property Features for 7318 Sunset Blvd
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Marcus & Millichap - Encino
Listed By:
Lonnie McDermott · License #CA 01874375
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 1:31AM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
This 14,360-square-foot commercial land parcel occupies the intersection of Sunset Boulevard and North Martel Avenue in Los Angeles. The site spans approximately .33 acres, carries C4-1D zoning, and is currently occupied by an auto repair shop. Frontage measures 110.4 linear feet along Sunset Boulevard and 130 feet on North Martel Avenue.
Current zoning is described as allowing 36 multifamily units by right, with Tier 1 TOC potentially increasing the indicated count to 54 units. Any development capacity, approvals, and permitted uses should be confirmed with the City of Los Angeles. The property is positioned near West Hollywood, Hollywood, Brentwood, and the Hollywood Hills, with access to Sunset Boulevard’s commercial and entertainment corridor.
Current zoning is described as allowing 36 multifamily units by right, with Tier 1 TOC potentially increasing the indicated count to 54 units. Any development capacity, approvals, and permitted uses should be confirmed with the City of Los Angeles. The property is positioned near West Hollywood, Hollywood, Brentwood, and the Hollywood Hills, with access to Sunset Boulevard’s commercial and entertainment corridor.
Key Highlights
- 14,360‑square‑foot commercial land parcel on approximately .33 AC
- C4‑1D zoning with multifamily redevelopment potential
- 36 multifamily units described as possible by right under current zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,359
Businesses Nearby
Explore this area
Business Placement
Demographics for 90046, CA
49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C4-1D-zoned corner parcel with existing auto repair occupancy and multifamily redevelopment potential subject to city verification.
Where is this commercial land located?
The property is located at 7318 Sunset Blvd Los Angeles, CA.
What are key features of this property?
This property features: 14,360‑square‑foot commercial land parcel on approximately .33 AC; C4‑1D zoning with multifamily redevelopment potential; 36 multifamily units described as possible by right under current zoning
