4600 Wilshire Blvd - Residential LAND FOR SALE


Los Angeles, CA 90010- Miracle Mile93,654 SF
$15,000,000 USD
424-407-3662
4600 Wilshire Blvd, Los Angeles, CA for Sale
$15,000,000 USD
Residential LAND - FOR SALE
1/10
93,654 SF

4600 Wilshire Blvd
Los Angeles, CA 90010
Miracle Mile


HIGHLIGHTS

  • 4600 Wilshire Boulevard is an extraordinary 2.15-acre multifamily development opportunity in the heart of Los Angeles.
  • Prime Center City location on a complete city block, bordered by Wilshire Boulevard, Mullen Avenue, 8th Street, and Muirfield Road.
  • Shall be delivered in as-is condition with fully vested entitlements, plan-check progress, and utility will-serve letters.
  • In the Hancock Park/Brookside neighborhood near Larchmont Village, The Grove, Museum Row, Paramount Studios, DTLA, Hollywood, Rodeo Drive, and more.
  • Develop fully entitled plans for a community of 16 single-family homes, by-right development of 41 units, or over 166 units, with a density bonus.

OVERVIEW

Spanning an entire city block in the prestigious Hancock Park/Brookside neighborhood, 4600 Wilshire Boulevard offers a remarkable 2.15-acre development opportunity in the heart of Los Angeles. Bordered by Wilshire Boulevard, 8th Street, Muirfield Road, and Mullen Avenue, this expansive property presents a variety of development possibilities, including, but not limited to, fully entitled plans for a community of 16 single-family homes, by-right development of 41 units, or up to 166+ units with a density bonus. Situated in a prime center-city location, the property offers unmatched access to Larchmont Village, The Grove, Museum Row, Paramount Studios, DTLA (Downtown Los Angeles), Hollywood, Rodeo Drive, and more. This is an extraordinary opportunity to bring a dream development project to life in one of Los Angeles's most sought-after neighborhoods. Inquire to Smith & Berg and Compass Commercial today to explore the possibilities. At the close of escrow, the property shall be delivered in "as-is" condition with fully vested entitlements, plan-check progress (drawings, submittal packages, corrections, and remaining clearances), and utility will-serve letters. Seller-carry may be considered. The seller has an American Land Title Association (ALTA) with Topography, Geological Report, and Plans that the buyer can verify. This offering comprises the following APNs: 5090009021, 5090009014, 5090009015, 5090009016, 5090009017, 5090009018, and 5090009019.

FOR SALE DETAILS

PRICE

$15,000,000 USD

PRICE/ACRE

$6,976,744/AC

PRICE/SF

$160 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Development Site in Hancock Park/Brookside

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo, Single Family Development

LAND ACRES

2.15 AC

LAND SF

93,654 SF

OFFSITE IMPROVEMENTS

Electricity

ZONING

CR(PKM)-1 / RD3-1

APN/PARCEL ID

5090-009-014,5090-009-015,5090-009-016,5090-009-017,5090-009-018,5090-009-019,5090-009-021

ASK ABOUT THIS PROPERTY

David BergSmith & Berg Property GroupMore Info
424-407-3662

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David BergSmith & Berg Property GroupMore Info
424-407-3662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.