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Property profile

7576 Hollywood Blvd Los Angeles, CA 90046

FOR SALE
Land
Property ID
US10-1771778
0.11 ac lot
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Property summary

AI-generated overview

This exceptional 0.11-acre land parcel, located at 7576 Hollywood Blvd in Los Angeles, CA 90046 (APN 5550-008-001), presents a unique investment opportunity. Zoned LAR3, it's approved for both commercial and residential development, catering to the high demand for housing in the vibrant Hollywood area. The property's strategic location offers convenient access to major freeways and public transportation, ensuring excellent connectivity throughout Los Angeles. Given Hollywood's ongoing economic growth and revitalization, this site is poised to benefit from the area's increasing desirability among businesses and residents. The established infrastructure further enhances the development potential, making it an attractive proposition for investors and developers seeking to capitalize on the thriving Hollywood real estate market. The property's size and zoning flexibility allow for the creation of luxury apartments, condos, or townhomes, catering to the diverse needs of the local population. This is a rare opportunity to acquire a prime piece of land in a highly sought-after location. Note that property photos are virtually staged.

Property profile

Verified
Property type Land
Lot 0.11 ac (4,792 SF)
UPID US10-1771778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7576 Hollywood Blvd Los Angeles, CA 90046
Los Angeles metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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