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5151 Santa Monica Blvd

0.5 Acres of Commercial Land Offered at $4,150,000 in Los Angeles, CA 90029

Commercial Land California Los Angeles 5151 Santa Monica Blvd, Los Angeles, CA 90029

Investment Highlights

  • Corner development at $192 PSF LAND
  • C2-1D & RD1.5 Zoning (TOC 3)
  • Endless possibilities - potential for redevelopment, owner/user, industrial yard/car lot, etc.
  • SELLER FINANCING AVAILABLE!
  • Corner opportunity on Santa Monica Blvd

Executive Summary

SELLER FINANCING AVAILABLE!!!....This is an incredible opportunity to purchase a prime corner lot in the heart of the East Hollywood. Conveniently located near off the 101 freeway, and just a short drive away from outstanding restaurants, luxurious homes, new developments, and the famous Hollywood Studios. This sought-after area faces scarcity in commercial and residential real estate, making this corner site ideal for various possibilities: from owner/ user opportunities to ground- up development or pure investment purposes.
- $192 PSF LAND
- TOC 3
-C2(d) & RD1.5 Zoning
-Covered Land Play

Attachments

5151-5155SantaMonica_1111-1115Ardmore_OM_AC_V8

Property Facts

Price $4,150,000 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Contractor Storage Yard
  • Parking Lot
No. Lots 1 Total Lot Size 0.50 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $4,150,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Contractor Storage Yard
  • Parking Lot
Total Lot Size 0.50 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $4,150,000 Lot Size 0.50 AC
Price Per AC $8,364,523.94
Price $4,150,000
Price Per AC $8,364,523.94
Lot Size 0.50 AC

SELLER FINANCING AVAILABLE! This is an incredible opportunity to purchase a prime corner lot in the heart of the East Hollywood. Conveniently located near off the 101 freeway

Description

- SELLER FINANCING AVAILABLE! -$192 PSF LAND - TOC 3 -C2(d) & RD1.5 Zoning -Covered Land Play This is an incredible opportunity to purchase a prime corner lot in the heart of the East Hollywood. Conveniently located near off the 101 freeway, and just a short drive away from outstanding restaurants, luxurious homes, new developments, and the famous Hollywood Studios. This sought-after area faces scarcity in commercial and residential real estate, making this corner site ideal for various possibilities: from owner/ user opportunities to ground- up development or pure investment purp

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5151 Santa Monica Blvd, Los Angeles, CA - aerial map view - Image1
5151 Santa Monica Blvd, Los Angeles, CA - aerial map view - Image2
5151 Santa Monica Blvd, Los Angeles, CA - aerial map view - Image3
5151 Santa Monica Blvd, Los Angeles, CA - aerial map view - Image4
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (70)
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®
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Walk Score® measures the walkability
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Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5537-015-030
  • 5537-015-031
  • 5537-015-032
  • 5537-015-034
 Improvements Assessment $42,445
Land Assessment $728,301 Total Assessment $770,746

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5537-015-030
  • 5537-015-031
  • 5537-015-032
  • 5537-015-034
Land Assessment
$728,301
Improvements Assessment
$42,445
Total Assessment
$770,746

zoning

Zoning Code C2-1D & RD.15 (C2-1D & RD.15 TOC 3)
C2-1D & RD.15 (C2-1D & RD.15 TOC 3)
(818) 742-1632

Contact

  • Listing ID: 32693454

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 5151 Santa Monica Blvd, Los Angeles, CA 90029

More public record information on 5151 Santa Monica Blvd, Los Angeles, CA 90029

The Land Property at 5151 Santa Monica Blvd, Los Angeles, CA 90029 is currently available for sale. Contact NAI Capital for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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5151 Santa Monica Blvd, Los Angeles, CA for sale Building Photo- Image 1 of 6
5151 Santa Monica Blvd
5151 Santa Monica Blvd, Los Angeles, CA for sale Aerial- Image 2 of 6
Aerial View
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5151 Santa Monica Blvd, Los Angeles, CA for sale Aerial- Image 4 of 6
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5151 Santa Monica Blvd, Los Angeles, CA for sale Aerial- Image 5 of 6
5151-Aerial View-1115Ardmore_2

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5151 Santa Monica Blvd
(818) 742-1632 x

5151 Santa Monica Blvd

Jared Swedelson

(818) 742-1632

(818) 742-1632

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