1279 Sunset Blvd Los Angeles, CA 90026

This exceptional investment opportunity presents a nearly shovel-ready, 75-unit apartment development site at 1275-1279 Sunset Blvd, Los Angeles, CA 90026. The 20,206 square foot lot, zoned C2-1VL, is fully entitled and ready to issue permits, minimizing entitlement risk and accelerating profitability. The seven-story building (five residential floors and two subterranean parking levels) features a compelling design by a seasoned developer, encompassing 60 one-bedroom and 15 two-bedroom units, plus 6 affordable units. The project boasts a total gross buildable area of 94,135 square feet and a rentable area of 55,550 square feet. The asking price is $5,625,000, representing a price per square foot of $281.10. The site provides 65 parking spaces. Located in the heart of Echo Park, near Echo Lake and Angelino Heights, this prime location offers easy access to Dodger Stadium, vibrant retail and dining options, and major freeways (US 101, US 110, and CA 2). The property benefits from a high walk score of 86 and proximity to major employment centers, catering to a desirable demographic. The seller will deliver "ready to issue" status