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6842 Sunset Boulevard
Los Angeles, CA 90028
Sold
6842 Sunset Boulevard
Los Angeles, CA 90028
Sold
Welcome to 6842 W Sunset Blvd, a prime repositioning opportunity situated on one of the most iconic and high-traffic streets in Los Angeles. Located in the heart of Hollywood, a vibrant and sought-after neighborhood, this property offers a rare opportunity for business owners or developers to be a part of the continued transformation of this area and establish themselves in a highly desirable location with excellent visibility and access. Originally built as a duplex with two large 3+ bedroom units, the building was most recently used as medical office space for the seller's podiatry practice. While currently in need of some significant rehab, this property could be perfect for a variety of commercial uses such as retail, restaurant, or office space. This property benefits from a very dense immediate population and strong underlying demographics. A population of over170,000 people within a 2-mile radius and an average household income near $100,000.Located within the Tier 3 Transit Oriented Community (TOC),Opportunity Zone and State Enterprise Zone, this property offers a wide array of both building and business incentives including density bonuses, tax breaks and relaxed parking requirements. The surrounding area is undergoing a continued redevelopment boom (see the development pipeline map) that will only serve to benefit this property and area. This opportunity is perfect for any creative investor, operator, or developer. It is offered to the market as a Probate Sale with no court confirmation required.
PROPERTY INFORMATION
| MLS # | 23259223 | Lot Size | 5,000 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,250,000
Price Per SqFt: $ 897 |
DOM | 753 Days |
| Address | 6842 Sunset Boulevard | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,508 Sq. Ft. |
| Postal Code | 90028 | Garage | N/A |
| County | Los Angeles | Year Built | 1921 |
| Bed / Bath | 8 / 0 | Parking | 6 |
| Built In | 1921 | Status | Closed |
| Sold Date | 2023-10-16 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | None |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
| SecuritySafety | Gated Community |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,400
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/11/2023 | Listed | $2,250,000 |
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Listing provided courtesy of Tim Steuernol, NAI Capital Commercial Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
