1514 La Baig is a development-ready Hollywood duplex located just two parcels north of Sunset Boulevard in the heart of the Hollywood Media District. Delivered fully vacant and positioned on a 5,499 SF lot, 1514 La Baig offers a rare chance to acquire land for development in Hollywood with immediate development potential in a rapidly evolving growth corridor.

For Los Angeles multifamily developers and investors, 1514 La Baig represents a shovel-ready opportunity. The site comes with ready-to-issue (RTI) plans for a 9-unit market-rate Hollywood multifamily project, eliminating years of entitlement uncertainty and accelerating your path to development.

Development Potential and Entitlements

1514 La Baig comes with RTI plans for a 9-unit market-rate Hollywood multifamily project consisting of (1) two-bedroom unit, (3) one-bedroom units, (5) studio units.

The unit mix at 1514 La Baig balances market demand with development efficiency. The combination of studios, one-bedrooms, and a two-bedroom appeals to diverse tenant profiles while maximizing density on the 5,499 SF lot.

For Los Angeles multifamily developers, having RTI plans significantly de-risks the development timeline. 1514 La Baig eliminates the design and entitlement phase, allowing you to focus on financing and construction.

Location and Employment Proximity

1514 La Baig sits in one of Hollywood's most dynamic employment corridors. Located across from Sunset Bronson Studios and Emerson College—and adjacent to the Netflix headquarters—the property is surrounded by major media employers and high-profile mixed-use developments.

The employment concentration at 1514 La Baig ensures consistent tenant demand. Entertainment, media, and creative professionals seeking proximity to studios and offices drive strong rental demand in this corridor. The 9-unit project at 1514 La Baig is positioned to capture this employment-driven market.

Recent development activity reinforces the area's trajectory. A recently completed 109-unit complex by CIM demonstrates institutional confidence in the neighborhood. Just one block away, Norman Foster's $1 billion "The Star" project is set to transform the skyline and inject over 500,000 square feet of new Class A creative office space, further enhancing the area's long-term demand and walkability.

Regulatory Environment and Planning

1514 La Baig is aligned with the new Hollywood Community Plan, which encourages higher density, transit-oriented development, and affordable housing incentives throughout the Sunset and Hollywood corridors. This regulatory alignment supports the 9-unit development and positions 1514 La Baig favorably within the city's planning framework.

For Los Angeles multifamily developers, regulatory alignment matters. The Hollywood Community Plan's emphasis on density and transit-oriented development creates a supportive environment for projects like 1514 La Baig.

Current Improvements and Site Conditions

The existing improvements at 1514 La Baig include two one-bedroom bungalow-style units, both separately metered and delivered vacant. The property includes covered and surface parking plus a standalone garage.

For developers or investors looking to break ground quickly, 1514 La Baig combines location, entitlements, and strong demand drivers in one of LA's most active development pockets. The vacant condition and existing parking infrastructure simplify the transition from acquisition to development.

Conclusion

1514 La Baig represents a development-ready Los Angeles multifamily opportunity in one of Hollywood's most active and transformative neighborhoods. The combination of RTI plans, employment proximity, regulatory alignment, and strong market fundamentals makes 1514 La Baig attractive for developers and investors seeking to capitalize on Hollywood's continued evolution.

The Kenny Stevens Team has extensive experience with development-ready properties and Hollywood multifamily projects and can help you evaluate whether 1514 La Baig aligns with your development strategy.