We are proud to present a fully entitled redevelopment site for 389-units located at 431 La Cienega Boulevard in Los Angeles, California. The subject property is situated in one of the best pockets of Beverly Grove location just a couple blocks from the Beverly Center, north of Beverly Boulevard and west on La Cienega Boulevard. Fully entitled for 389-units under the Mayor's Executive Directive 1 (ED1), the plans call for two hundred twenty-one (221) Studio / 1-Bathroom units and one hundred sixty-eight (168) 1-Bedroom / 1-Bathroom units. The building is planned to go eight (8) stories in height with a highly efficient, stackable design enabling modular construction from floors 2-8, and one (1) level subterranean which is designed as an express car wash. The site is just a couple blocks north of the acclaimed Beverly Center and Cedars-Sinai Medical Center, and less than half a mile southwest from the Pacific Design Center and West Hollywood Park. Situated in one of the best located pockets of Beverly Grove between West Hollywood and Beverly Hills, this offering presents a once in a lifetime opportunity to capitalize on high density plans in an irreplaceable, heavily supply constrained market of Los Angeles. *OM Available Upon Request
Based on the average sale price from the Beverly Hills, CA office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
431 N La Cienega Blvd Los Angeles, CA is a Single Family Home for sale at $36900000 and a lot size of 0.6237 Acres Acre(s). 431 N La Cienega Blvd Los Angeles has 0 bedrooms, 0 baths . The property's zip code is 90048 which is in Los Angeles, CA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.