Exterior view of a single-story house at 1514 la baig, with a driveway and greenery around it under a clear blue sky.

Active Listing

RTI Plans for 9 Market Rate Units by Sunset

1514 la baig

for sale in

Hollywood

2

Number of Units

1919

Year Built

1,620

SF

Square Footage

5,502

SF

Lot Size

[Q] LAR4-1VL

Zoning

1514 La Baig Ave, Los Angeles, CA 90028

About the Property

1514 La Baig Ave is a duplex (delivered vacant) located on a 5,499 SF lot in the center of the Hollywood Media District; just two parcels north of Sunset Blvd. This is a rare opportunity to acquire a development-ready site in a dynamic growth corridor, surrounded by major film and media employers, new mixed-use development, and transformative infrastructure investment. The property neighbors a new 109-unit apartment complex by CIM, across from Sunset Bronson Studios and Emerson College, and adjacent to the Netflix headquarters campus. A block away, the much-anticipated $1 billion “The Star” tower, designed by Norman Foster, is set to redefine the local skyline and inject over half a million square feet of new Class A creative space. Ready-to-issue (RTI) plans to develop a 9-unit market-rate multifamily complex. Plans call for (1) 2-bdrm. unit, (3) 1-bdrm. units, and (5) singles. Please refer to the plans for more information. This site is eligible (buyer to verify) for Opportunity Zone tax benefits and is aligned with the recently enacted Hollywood Community Plan, which significantly increases allowable density incentivizes affordable housing, and encourages transit-oriented growth throughout the Sunset and Hollywood corridors. The existing improvements include (2) 1-bdrm. bungalow-style units. The property also features covered and surface parking, plus a standalone garage. Please note, the units are separately metered.

2

Number of Units

1919

Year Built

1,620

SF

Square Footage

5,502

SF

Lot Size

[Q] LAR4-1VL

Zoning

Price P/ Unit

$847,500

Price p/ Sq. ft.

$1,046

Proforma Cap Rate

N/A

Contact

Sales agent

A gated entrance to a property at 1514 la baig, surrounded by greenery and buildings under a clear blue sky.
A gated entrance to a property at 1514 la baig, surrounded by greenery and buildings under a clear blue sky.
A gated entrance to a property at 1514 la baig, surrounded by greenery and buildings under a clear blue sky.
A gated entrance to a property at 1514 la baig, surrounded by greenery and buildings under a clear blue sky.
A bungalow-style entrance at 1514 la baig, surrounded by greenery, featuring ornate details and a clear blue sky above.
A bungalow-style entrance at 1514 la baig, surrounded by greenery, featuring ornate details and a clear blue sky above.
A bungalow-style entrance at 1514 la baig, surrounded by greenery, featuring ornate details and a clear blue sky above.
A bungalow-style entrance at 1514 la baig, surrounded by greenery, featuring ornate details and a clear blue sky above.
A modern living room at 1514 la baig, with a gray sofa, light walls, dark curtains, and a TV stand.
A modern living room at 1514 la baig, with a gray sofa, light walls, dark curtains, and a TV stand.
A modern living room at 1514 la baig, with a gray sofa, light walls, dark curtains, and a TV stand.
A modern living room at 1514 la baig, with a gray sofa, light walls, dark curtains, and a TV stand.
Dining room at 1514 la baig, with a large table, six chairs, and artworks on the walls, featuring bright, neutral colors.
Dining room at 1514 la baig, with a large table, six chairs, and artworks on the walls, featuring bright, neutral colors.
Dining room at 1514 la baig, with a large table, six chairs, and artworks on the walls, featuring bright, neutral colors.
Dining room at 1514 la baig, with a large table, six chairs, and artworks on the walls, featuring bright, neutral colors.

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.