1255 S LA CIENEGA BLVD

LOS ANGELES, CA

 
 
 
 

30

Apartment Units

1

Medical Office Units

7,019

Lot Size (SqFt)

$569.17

Price/Land SqFt

$133,167

Price/Buildable

26,312 SF

Gross Build Area

$151.83

Price/Build SqFt
 

The LAAA Team and The SK Group of Marcus & Millichap are excited to present a unique opportunity to acquire a prime 7,019-square-foot parcel of vacant land located at 1255 S La Cienega Blvd, just north of Pico Blvd.

This project is ready for immediate construction, as the plans have been fully approved and are RTI (Ready to Issue). The previous structure on the lot has already been demolished, allowing for a swift construction start date.

This development will feature medical office space on the ground floor and 30 residential apartment units above, with three units designated for Extremely Low Income (E.L.I.) tenants. Additionally, the project includes a subterranean parking garage, providing ample parking for both residents and commercial tenants.

Situated in the highly desirable Pico-Robertson neighborhood, this property offers immediate access to the bustling La Cienega corridor and is just minutes away from Beverly Hills, making it an ideal location for both residential and commercial development.

 
 

Glen Scher

SENIOR VICE PRESIDENT

O: (818) 212-2808

M: (818) 667-6683

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Filip Niculete

SENIOR MANAGING DIRECTOR

O: (818) 212-2748

M: (818) 577-9893

Email Now