6842 Sunset Boulevard
6842 Sunset Boulevard
$1,540,000
8
3
2,508
2,508
$614
Sold 10/16/23
Description
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,...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.
- Listed by Tim Steuernol • DRE #01742766 • Brokerage DRE #00389515 • NAI Capital Commercial Inc.
Property Details for 6842 Sunset Boulevard
Zoning
LAC4
Parcel Number5548015002
Total Units2.0
Living Area2508
Source Living AreaVendor Enhanced
AreaHollywood (C20)
Vacancy Rate100
Lot Size Area5000
Location
LISTING UPDATED: 10/31/2023 05:02 PM
Property Details for 6842 Sunset Boulevard
Status | Sold |
---|---|
MLS # | 23-259223 |
Days on Market | 139 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1921 |
Lot Size | 0.11 AC / 5,000 SF |
County | Los Angeles County |
Location
Building Information for 6842 Sunset Boulevard
Stories2Residences-Year Built1921Building Size-Lot Size0.11 AC / 5,000 SF
Payment Calculator
$9,064 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6842 Sunset Boulevard
Property History for 6842 Sunset Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6842 Sunset Boulevard
Taxable ValueLand$525,428Additions$93,813Total$619,241
Tax Record2023$7,921 ($660 / month)
Home Facts
Total Finished SqFt2,508 SqFtAbove Grade Finished SqFt2,508 SqFtLot Size5,000 SqFtStyleDuplexYear Built1921ZoningLAC4CountyLOS ANGELESAPN5548-015-002
Schools near 6842 Sunset Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Gardner Street Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Hollywood Senior High School Public9 to 12 | ||
Larchmont Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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