Entity Owned Property summary
This exceptional 0.77-acre commercial lot, located at 7038 Sunset Boulevard in Los Angeles, CA 90028, presents a unique redevelopment opportunity. The property boasts a 33,520 square foot lot and includes a 9,424 square foot building with a 2,000 square foot basement, currently configured as a restaurant and bar. Extensive renovations were completed in 2020, updating the existing structure to modern standards. The property also features a substantial surface parking lot with capacity for… approximately 62 cars, or up to 95 with valet service. The property is zoned commercial (LAC4), allowing for mixed-use development, including residential and commercial components. This zoning designation permits higher-density construction, offering significant potential for increased building size and units per acre. The property's location is highly desirable, situated just one block from the Hollywood Walk of Fame and Dolby Theatre, providing unparalleled access to the vibrant Hollywood entertainment district. The asking price is $9,500,000, translating to $283.41 per square foot. A nearby property at 7022 Sunset Boulevard is undergoing redevelopment into a seven-story mixed-use apartment complex, further highlighting the area's growth potential. The original building was constructed in 1940 and possesses an ABC License Type 47 with a 2 AM parking permit. This property offers an unparalleled chance to capitalize on the thriving Hollywood market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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