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RÉSUMÉ DE L'ANNONCE
Savills is pleased to present the opportunity to acquire a rare .79 acre development site located at the intersection of Seward and Romaine
in the dynamic Hollywood submarket of Los Angeles. The property offers a high-profile location on Seward across the street from
Baranof Holding’s proposed self-storage development, Hudson Pacific’s 16.5 acre Sunset Las Palmas Studios, and is surrounded by dense
neighborhoods.
Hollywood has rapidly become one of the most dynamic real estate markets in Southern California with the planned development of over
4,000 new housing units that reflects the district’s rapid growth, with residential asking rents averaging 19% higher than the citywide
average. Of these new units, 12% will be designated as affordable housing, further contributing to Hollywood’s evolving residential landscape.
Additionally, over $3 billion in public and private developments will break ground. These include large scale Multi-family, Mixed Use, Office,
Retail, and Hotels projects. Hollywood is a vibrant “live, work, play” community, and it remains a hub for residents and visitors alike, rich in
history and artistic expression.
With a centralized location in a market characterized by high density development, strong demand, and limited supply, the site is ideal for
developers, and investors seeking an infill development opportunity
in the dynamic Hollywood submarket of Los Angeles. The property offers a high-profile location on Seward across the street from
Baranof Holding’s proposed self-storage development, Hudson Pacific’s 16.5 acre Sunset Las Palmas Studios, and is surrounded by dense
neighborhoods.
Hollywood has rapidly become one of the most dynamic real estate markets in Southern California with the planned development of over
4,000 new housing units that reflects the district’s rapid growth, with residential asking rents averaging 19% higher than the citywide
average. Of these new units, 12% will be designated as affordable housing, further contributing to Hollywood’s evolving residential landscape.
Additionally, over $3 billion in public and private developments will break ground. These include large scale Multi-family, Mixed Use, Office,
Retail, and Hotels projects. Hollywood is a vibrant “live, work, play” community, and it remains a hub for residents and visitors alike, rich in
history and artistic expression.
With a centralized location in a market characterized by high density development, strong demand, and limited supply, the site is ideal for
developers, and investors seeking an infill development opportunity
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
7 944 pi²
Classe d’immeuble
C
Année de construction
1937
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Superficie de plancher typique
7 944 pi²
Dalle à dalle
11’
Coefficient d’occupation des sols de l’immeuble
0,74
Taille du lot
0,25 AC
Zone de développement économique
Oui
Zonage
LAMR1 - Industriel limité
Stationnement
25 places (3,14 places par 1 000 pi² loué)
1 1
Walk Score®
Un paradis pour un marcheur (91)
Bike Score®
Très cyclable (71)
Impôts fonciers
| Numéro de lot | 5533-012-025 | Évaluation des bâtiments | 3 095 161 $ CAD |
| Évaluation du terrain | 5 404 253 $ CAD | Évaluation totale | 8 499 414 $ CAD |
Impôts fonciers
Numéro de lot
5533-012-025
Évaluation du terrain
5 404 253 $ CAD
Évaluation des bâtiments
3 095 161 $ CAD
Évaluation totale
8 499 414 $ CAD
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1000 Seward St
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