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The Corner of SMB & Laurel 8001 Santa Monica Blvd 6,062 SF Vacant Retail Building West Hollywood, CA 90046 $10,875,758 CAD ($1,794.09 CAD/SF)
Investment Highlights
- Heavy Daytime Foot Traffic
- Incredible nearby amenities
- Signalized Corner of Santa Monica and Laurel
- Nearby Cedars Sinai, Laurel Hardware, Delilah, Employees Only, and much more!
Executive Summary
DEVELOPMENT / OWNER-USER / INVESTMENT OPPORTUNITY -- On one of West Hollywood's best corners, this is a one of a kind development site, owner user or investment opportunity. This property is well maintained and comes equipped with on-site parking. Nearby tenants include Laurel Hardware, Whole Foods Market, Delilah, Irv's Burgers, two outposts of Soho House, and many more! Furthermore, the property has several permits and entitlements saving any owner-user/investor years of time and millions of dollars in permitting fees. Please inquire for more details.
THE POSSIBILITIES
• A Private Club & Restaurant
• A Club without Subterranean Parking
• A Private Club with Hotel
• A Mixed Use Project
SPECIFICS
• A Four-Story, Multi-Use Commercial Property consisting of
±24,711 SF (including pool, rooftop, restaurant, and more)
• 2.0 FAR with 45' Maximum Height
• Located within a TOZ & MUIOZ Zone, meaning maximum
development potential to be increased to ±31,097 and 55'
High
THE POSSIBILITIES
• A Private Club & Restaurant
• A Club without Subterranean Parking
• A Private Club with Hotel
• A Mixed Use Project
SPECIFICS
• A Four-Story, Multi-Use Commercial Property consisting of
±24,711 SF (including pool, rooftop, restaurant, and more)
• 2.0 FAR with 45' Maximum Height
• Located within a TOZ & MUIOZ Zone, meaning maximum
development potential to be increased to ±31,097 and 55'
High
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,062 SF
Building Class
C
Year Built
1922
Price
$10,875,758 CAD
Price Per SF
$1,794.09 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.29 AC
Zoning
WDC2A* - Commercial
Amenities
- Signage
Walk Score®
Walker's Paradise (96)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5554-014-008 | Improvements Assessment | $680,254 CAD |
| Land Assessment | $3,849,800 CAD | Total Assessment | $4,530,054 CAD |
Property Taxes
Parcel Number
5554-014-008
Land Assessment
$3,849,800 CAD
Improvements Assessment
$680,254 CAD
Total Assessment
$4,530,054 CAD
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The Corner of SMB & Laurel | 8001 Santa Monica Blvd
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