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1255 La Cienega Boulevard, Los Angeles, CA 90035
Priced at Only: $3,995,000
For more Information Call Mobile: 714.478.6676
Address: 1255 La Cienega Boulevard, Los Angeles, CA 90035
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  • MLS#: 24469861 ( )
  • Street Address: 1255 La Cienega Boulevard
  • Viewed: 3
  • Price: $3,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 21
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90035
  • Provided by: Marcus & Millichap
  • Contact: Filip Filip
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are excited to present a unique opportunity to acquire a prime 7,019 square foot parcel of vacant land located at 1255 S La Cienega Blvd, just north of Pico Blvd.This project is ready for immediate construction, as the plans have been fully approved and are RTI (Ready to Issue). The previous structure on the lot has already been demolished, allowing for a swift construction start date. This development will feature medical office space on the ground floor and 30 residential apartment units above, with three units designated for Extremely Low Income (E.L.I.) tenants. Additionally, the project includes a subterranean parking garage, providing ample parking for both residents and commercial tenants.The owner initially intended to occupy the property, which led to a strong focus on keeping construction and maintenance costs low without sacrificing quality. All the apartment units feature 9 foot ceilings, rather than the standard 8 foot ceilings, creating a brighter, more open, and spacious feel. Additionally, the tallest building on La Cienega Blvd is only two stories high, while all apartments in this RTI project start on the third floor and above. This design ensures that almost all units will have unobstructed views, including direct views of the iconic Hollywood Sign, making the property highly desirable.Located in the highly sought after Pico Robertson neighborhood, this property provides direct access to the vibrant La Cienega corridor and is just minutes from Beverly Hills. This prime location is ideal for both residential and commercial development. Additionally, the upcoming Metro station at Wilshire and La Cienega will offer convenient public transportation options for tenants and visitors to the medical office.
Features
Country
  1. US
Parcel Number
  1. 4332028012
Postalcodeplus4
  1. 2520
View
  1. None
Zoning
  1. LAC2
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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