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1275 W SUNSET Boulevard

Los Angeles, CA, 90026
$5,625,000Price
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CA
Los Angeles
Los Angeles
90026
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CA
Los Angeles
Los Angeles
90026

1275 W SUNSET Boulevard

Los Angeles, CA, 90026
ACTIVE
$5,625,000Price
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Save
1275 W SUNSET Boulevard, Los Angeles, CA, 90026

1275 W SUNSET Boulevard

Los Angeles, CA, 90026
ACTIVE
$5,625,000Price
Unsave
Save
1275 W SUNSET Boulevard, Los Angeles, CA, 90026
1275 W SUNSET Boulevard, Los Angeles, CA, 90026

Description

DWG Capital Group, as exclusive advisor, is pleased to present for sale a new superior development project located at 1279 Sunset Boulevard, Los Angeles. The subject development property offers a developer/investor the opportunity to acquire a nearly shovel-ready (RTI) project (by closing), eliminating entitlement risk, significantly reducing carrying costs, and future building cost escalation risks to close to get straight to a path of profit.The fully entitled apartment development sale has an in-place, intelligent and attractive building design via an excellent architect and seasoned developer. Its C2-1VL parcel assemblage site has removed all existing improvements and is ready to issue permits. The fully stamped completed plans allow the project to commence quickly to develop a new Five-Story, 75-Unit Apartment Building along with 2 Levels of Subterranean Parking.Well-located in the heart of the flourishing Elysian Parkway/ Echo Park/ submarkets, near Dodger Stadium, 1279 Sunset is an ideal acquisition for an experienced developer looking to build quickly and establish or expand their strategic interest in Los Angeles.*DWG is also marketing a new 71-unit development site for sale if a more extensive 146-unit development portfolio is desired.

Information

Price: $5,625,000
Days On Market: 614

Details

Address: 1275 W SUNSET Boulevard
County: Los Angeles
City: Los Angeles
Zip: 90026
State: California

Location

Map

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