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1514 La Baig Ave - $240 Land PPSF by Sunset & Gower 0.13 Acres of Residential Land Offered at $1,849,594 CAD in Los Angeles, CA 90028

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INVESTMENT HIGHLIGHTS

1514 La Baig Ave is a duplex (delivered vacant) located on a 5,499 SF lot in the Hollywood Media District; just north north of Sunset Blvd.
Neighbors a new 109-unit apartment complex by CIM, across from Sunset Bronson Studios and Emerson College, and adjacent to the Netflix headquarters.
1514 La Baig is a forward-looking investment in a creative corridor that continues to attract capital, talent, and transformative growth.

Ready-to-issue (RTI) plans to develop a 9-unit market-rate multifamily complex. Please refer to documents section for development plans.
This site is eligible (buyer to verify) for Opportunity Zone tax benefits and is aligned with the recently enacted Hollywood Community Plan.

EXECUTIVE SUMMARY

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. 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 that are separately metered. The property also features covered and surface parking, and a standalone garage. 1514 La Baig is a forward-looking investment in a creative corridor that continues to attract capital, talent, and transformative growth.

OM_1514LaBaig_11.10.25

PROPERTY FACTS

Price	$1,849,594 CAD	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Apartment Units
No. Lots	1	Total Lot Size	0.13 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R4-1VL

Price	$1,849,594 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Apartment Units
Total Lot Size	0.13 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R4-1VL

1 LOT AVAILABLE

Lot

Price	$1,849,594 CAD	Lot Size	0.13 AC
Price Per AC	$14,651,410.41 CAD

Price	$1,849,594 CAD
Price Per AC	$14,651,410.41 CAD
Lot Size	0.13 AC

DESCRIPTION

***Reduced $475K from original listed price - $240 Land PPSF by Sunset & Gower - Development Plans in Docs Section*** 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. 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 that are separately metered. The property also features covered and surface parking, and a standalone garage. 1514 La Baig is a forward-looking investment in a creative corridor that continues to attract capital, talent, and transformative growth.