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West Hollywood Development Opportunity
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8001 Santa Monica Boulevard, West Hollywood, CA 90046

Prime corner location with development potential in West Hollywood.

Property Size6,099 SF
Days on Market161

Property Features for 8001 Santa Monica Boulevard

General Information

Standard status Active
Size 6,099 SF
Property subtype Retail
Listing Agency:
Listed By: Ryan Gurman · License #01972081
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 31 at 2:17PM

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 Ryan Gurman

Investment Insights

Based on property information with market context.

This property presents a development, owner-user, or investment opportunity on a prominent corner in West Hollywood. The well-maintained property includes on-site parking. It is situated near various establishments, including Laurel Hardware, Whole Foods Market, Delilah, and Soho House outposts. The property benefits from existing permits and entitlements. The location is within a TOZ & MUIOZ Zone, potentially allowing for increased development up to approximately 31,097 square feet and a maximum height of 55 feet. The property is suitable for a four-story, multi-use commercial project consisting of approximately 24,711 square feet, including a pool, rooftop, and restaurant. Potential uses include a private club and restaurant, a club without subterranean parking, or a private club with a hotel, or a mixed-use project. The property benefits from heavy daytime foot traffic and proximity to amenities. It is located on the signalized corner of Santa Monica and Laurel, near Cedars Sinai, Laurel Hardware, Delilah, and Employees Only. The property size is 6099 square feet.

Key Highlights

  • Permits and entitlements in place, saving significant time and money.
  • Located on a signalized corner of Santa Monica and Laurel in West Hollywood.
  • High development potential due to TOZ & MUIOZ zoning, allowing for increased square footage (±31,097 SF) and height (55').

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

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 West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime corner location with development potential in West Hollywood.
Where is this retail space located?
The property is located at 8001 Santa Monica Boulevard West Hollywood, CA.
What are key features of this property?
This property features: Permits and entitlements in place, saving significant time and money.; Located on a signalized corner of Santa Monica and Laurel in West Hollywood.; High development potential due to TOZ & MUIOZ zoning, allowing for increased square footage (±31,097 SF) and height (55').
More about this property
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