SUNSET & HIGHLAND

Investment Overview

Introducing a prime investment opportunity in the heart of Los Angeles, CA. This magnificent 45,521 SF multifamily/development property exudes potential for growth and prosperity. Zoned C2-2D-SN-CPIO, its versatile designation encourages a wide range of development possibilities, making it an ideal prospect for forward-thinking investors. With its strategic location in one of the most sought-after areas in Los Angeles, this property presents a rare chance to capitalize on the booming real estate market. Seize this opportunity to enhance your portfolio and shape the future of this vibrant urban landscape.

Investment Highlights

• INVESTMENT HIGHLIGHTS
• PREMIER HOLLYWOOD CORNER WITH IRREPLACEABLE INFILL POSITIONING
• Rare opportunity to acquire a large-scale assemblage at one of Hollywood’s most recognized and high-traffic intersections — the northeast corner of Sunset Boulevard and Highland Avenue — offering unmatched visibility, accessibility, and long-term land value.
• EXCEPTIONAL COVERED LAND PLAY WITH FLEXIBLE DEVELOPMENT OPTIONALITY
• The site presents a compelling covered land strategy, with existing improvements generating near-term income while an investor executes a development plan. The assemblage can be developed in its entirety or in phases, providing flexibility across a range of capital strategies and investment timelines.
• SIGNIFICANT VALUE-ADD UPSIDE THROUGH REPOSITIONING
• Elevated vacancy and a short-term lease profile create an immediate opportunity to reposition the asset — whether through re-tenanting at market rents, redevelopment, or a phased approach — allowing an investor to drive NOI growth and compress cap rates over the hold period.
• DIRECT ACCESS TO WORLD-CLASS TRANSIT INFRASTRUCTURE
• The property sits in immediate proximity to the Hollywood/Highland Metro B Line (Red Line) subway station, one of the busiest transit nodes in Los Angeles, providing exceptional connectivity to Downtown LA, the Westside, and beyond — a critical attribute for future residential, retail, or mixed-use development.