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1275 W Sunset Boulevard

Los Angeles (City), CA 90026
  • $5,680,000
  • STATUS: Active
  • ON SITE: 79 Days
  • ID#: 22147063
Foreclosure
UPDATED: 17 min ago
$5,680,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): John 'Judd' Dunning of John Barker Dunning (310-261-8428)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-05T19:31:53.113. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/127779149
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1275 W Sunset Boulevard Los Angeles (City), CA 90026

  • Price: $5,680,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 17 min ago
  • ID#: 22147063
0
Beds
0
Baths
0
½ Baths
0.46
Acres
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property 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.
Exterior Features

Parking Total 0 View City Lights View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Listing Agreement Seller Reserved Listing Service Full Service Senior Community YN No Special Listing Conditions Real Estate Owned Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-05T19:31:53.113. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
400 E. Main St. #110
Visalia CA, 93291
Listing Agent(s): John 'Judd' Dunning of John Barker Dunning (310-261-8428)