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2511-2517 Sunset Blvd Los Angeles, CA 90026

Prime LA location, 123 units possible.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional mixed-use development opportunity is situated on a prominent 0.62-acre lot at 2511-2517 W. Sunset Blvd. in Los Angeles, CA, 90026. The property boasts approximately 12,000 square feet and features a C2-1VL zoning designation, permitting the development of up to 123 residential units. The site currently includes a neighborhood supermarket, a small recycling facility, and a surface parking lot with 138 spaces. Five tenants occupy the existing improvements, generating approximately $150,840 in annual income under modified gross leases

Highlights

  • High-rent retail neighbors command up to $9.53/SF NNN.
  • High traffic count of 36,049 cars daily at a key intersection.
  • Strong submarket fundamentals with only 4.3% housing vacancy in Northeast Los Angeles.
  • Desirable Silver Lake location, close to Echo Park.
  • Convenient proximity to Downtown Los Angeles (under 4 miles).
  • Excellent walkability with an 88 Walk Score.

Property Details for 2511-2517 Sunset Blvd

Property type
Retail properties, Mixed-use properties
Square Feet
12,000 SF
Lot Size (sq. ft)
27,007 SF
Units
123

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0799993
Longitude
-118.2693401

FAQs

What type of property is this?
Retail property - Prime LA location, 123 units possible.
Where is the retail property located?
The property is located at 2511-2517 Sunset Blvd Los Angeles, CA.
What are key features of this property?
This property features: High-rent retail neighbors command up to $9.53/SF NNN.; High traffic count of 36,049 cars daily at a key intersection.; Strong submarket fundamentals with only 4.3% housing vacancy in Northeast Los Angeles.
How can I contact the broker?
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2511-2517 Sunset Blvd
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