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11900 Santa Monica Blvd - WEST LA DEVELOPMENT SITE - BANKRUPTCY SALE

1.07 Acres of Commercial Land in Los Angeles, CA 90025

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Investment Highlights

NOW BEING OFFERED AS A BANKRUPTCY FACILITATED SALE
Qualifies for AB 2334 which the 2023 update allows for unlimited density for Affordable Housing Developers
Ideal mixed-use development site, allows for apartments and retail (see Property Description for more details on zoning).

Ideal covered land opportunity. All leases are short term or month-to-month allowing a developer to collect rent in the near term and then vacate.
Over an acre of land on the major commercial thoroughfare of Santa Monica Blvd connecting Century City and Beverly Hills with the city of Santa Monica
Apart of a very well established sub-market occupied by tech companies, entertainment companies and production companies.

Executive Summary

11900-11930 Santa Monica Boulevard and 1516-1518 Brockton Avenue is an attractive opportunity for a multifamily
or affordable housing developer looking to purchase a rare block to block land site in an irreplaceable location in the West Los Angeles market.
- Ideal covered land opportunity. All leases are short term or month-to-month allowing a developer to collect rent in the near term and then vacate the property once construction begins.
- Qualifies for AB 2334 which the 2023 update allows for unlimited density for Affordable Housing Developers
- Over an acre of land on the major commercial thoroughfare of Santa Monica Boulevard connecting Century City and Beverly Hills with the city of Santa Monica.
- Ideal mixed-use development site, allows for apartments and retail (see Property Description for more details on zoning).
- Apart of a very well established sub-market occupied by tech companies, entertainment companies and production companies.
- Exceptional accessibility with a Walk Score of 95 “Walker’s Paradise”
- Under one mile away from the Expo/Bundy rail station for the Metro E Line (Expo Line).
- Located in the heart of West Los Angeles amongst very strong demographics.
- Just blocks away from the new “West Edge” development by Hines with 290K SF of Office and Retail

11900-11930 Santa Monica Blvd-1516-1518 Brockton Ave-Brochure

Property Facts

Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Redevelopment Project	Proposed Use	Commercial Retail Multifamily Apartment Units Apartment Units - Senior Hold For Development Storefront Storefront, Retail or Office Storefront, Retail or Residential
No. Lots	1	Total Lot Size	1.07 AC
Property Type	Land

Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Multifamily Apartment Units Apartment Units - Senior Hold For Development Storefront Storefront, Retail or Office Storefront, Retail or Residential
Total Lot Size	1.07 AC

1 Lot Available

Lot

Lot Size	1.07 AC

Lot Size	1.07 AC

Description

- Lot spans block to block on Santa Monica Boulevard between Brockton Avenue and Armacost Avenue, with approximately 300 feet of frontage on Santa Monica Boulevard. -Immediate area has very strong demographics, one of the most prominent sub-markets on the Westside. -Located on a very well established commercial thoroughfare of office, retail, and restaurants connecting Century City and Beverly Hills with the city of Santa Monica. -This portion of the West Los Angeles sub-market has seen tremendous growth in recent years with several new multifamily developments along Santa Monica Boulevard, and other creative office developments. -Nearby to major tech companies, entertainment companies, and production companies. -The Expo/Bundy rail station for the Metro E Line (Expo Line) is under one mile to the south of the subject property. -Approximately 1 mile from both the 405 Freeway and 10 Freeway.

1 of 1

Walk Score ®

Walker's Paradise (92)

Bike Score ®

Very Bikeable (84)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 4263-034-006 4263-034-005 4263-034-001 4263-034-003 4263-034-002 4263-034-031 4263-034-004	Improvements Assessment	$3,834,835
Land Assessment	$22,876,802	Total Assessment	$26,711,637