CA > Los Angeles
Los Angeles, CA 90028,1514 La Baig Ave
Los Angeles, CA 90028,1514 La Baig Ave
Los Angeles, CA 90028,1514 La Baig Ave
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$1,800,000
Est. payment /mo
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2 Beds
2 Baths
1,620 SqFt
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1514 La Baig Ave Los Angeles, CA 90028

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Colt Amidan

Colt Amidan

+1(702) 767-8666

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $1,111

MLS Listing ID 25552323

Style Bungalow

Bedrooms 2

Year Built 1919

Lot Size 5,502 Sqft

Property Sub-Type Multi-Family

Property Description

***RTI Plans Available Upon Request*** 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. The property comes with 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. 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. 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. The property comes with 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. 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. 1514 La Baig is a forward-looking investment in a creative corridor that continues to attract capital, talent, and transformative growth.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. 1514 La Baig is a forward-looking investment in a creative corridor that continues to attract capital, talent, and transformative growth.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Garage - 1 Car, Covered Parking, Uncovered

Garage Spaces 3.0

View Y/N No

View None

Building

Story 1

Architectural Style Bungalow

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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Colt Amidan

Realtor | RE.S.0077534.LLC

+1(702) 767-8666

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1514 La Baig Ave