737-747 Western Avenue | Hollywood, CA

737-747 N. Western Avenue is located near the corner of Melrose Avenue and Western Avenue in a highly sought-after neighborhood of Los Angeles, CA. The subject property is an existing Martial Arts Store and Laundromat with approximately 20,803 SF of Land. Located south of Santa Monica Boulevard and just North of Melrose Ave. This Rare, fully entitled development allows opportunity for a 51- Unit Mixed Use Project. Zoned LAC4-1D in a Tier 3 TOC with a 70% density bonus t is entitled for 45 Market Rate Units, 6 Low Income, and 7,700 SF of Retail, all on a 61,050 FAR.

Transaction Information

  • Address:  737-747 N. Western Avenue, Los Angeles, CA 90029
  • Product Type: Land Development
  • Sales Price: $6,000,000
  • Close Date: December 2019
  • Exclusively Represented Buyer and Seller
See more case studies

Additional Photos