Skip To Content

8763 Rosewood Ave

West Hollywood, CA 90048
  • $3,900,000
  • STATUS: Active
  • ON SITE: 79 Days
  • ID#: 22-132729
Price Reduced
UPDATED: 5 min ago
$3,900,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

HUGE PRICE REDUCTION! We are proud to exclusively present for sale an A-Class Commercial Development Project in the WeHo Design District of Robertson and Melrose that is ready to break ground! Be the envy of the town with this beautifully designed space that can be the next big gallery, the most sought after restaurant, the highest-end spa, the trendiest (or couture) clothing shop, a high-end office space, entertainment space, flagship storelarge open spaces inside, so bring your imagination! Walking into this building you will be greeted by a large open space with a front wall of windows and windows all around, including panel doors 18 feet wide that will lead to a side yard. Take the elevator or staircase down and find a large Storage area (that could be additional Showroom space) and three parking spaces! Take the elevator up or one of the two staircases from the ground level and find another open Showroom with large windows, two bathrooms and a terrace in front, overlooking the street. One more floor up and you will reach the large Roof Deck. Build an owner-user building or charge the highest rents in town (currently as high as $12 PSF for this district). Join a great pedigree of nearby businesses that include Chanel, John Varvatos, Intermix, The Beverly Center, and restaurants such as Cecconis, Catch, The Ivy, The Henry and many more. Lots of movement in the area, with Cedars Sinai a stone's throw away, and home to some of the highest incomes in town. This 4,945 SF Lot has been brought back to the dirt and the permits have been paid! Break ground immediately and get that huge price per square foot resale potential from the Investors who love that long-term, high-end retailer with low cap rates. Design Square Footages: Level 1 - Showroom - 2,057 | SF Level 2 - Showroom - 2,216 SF | Lower Level Storage or Showroom - 2,348 SF | Lower Level - Parking - 1,672 SF | Roof Terrace - 646 SF

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T08:42:52.36. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.corrieluxuryhomes.com/homes/126285142
Print Image

8763 Rosewood Ave West Hollywood, CA 90048

  • Price: $3,900,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 5 min ago
  • ID#: 22-132729
0
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
West Hollywood Vicinity
County:
Los Angeles
Area:
West Hollywood Vicinity
Property Description
HUGE PRICE REDUCTION! We are proud to exclusively present for sale an A-Class Commercial Development Project in the WeHo Design District of Robertson and Melrose that is ready to break ground! Be the envy of the town with this beautifully designed space that can be the next big gallery, the most sought after restaurant, the highest-end spa, the trendiest (or couture) clothing shop, a high-end office space, entertainment space, flagship storelarge open spaces inside, so bring your imagination! Walking into this building you will be greeted by a large open space with a front wall of windows and windows all around, including panel doors 18 feet wide that will lead to a side yard. Take the elevator or staircase down and find a large Storage area (that could be additional Showroom space) and three parking spaces! Take the elevator up or one of the two staircases from the ground level and find another open Showroom with large windows, two bathrooms and a terrace in front, overlooking the street. One more floor up and you will reach the large Roof Deck. Build an owner-user building or charge the highest rents in town (currently as high as $12 PSF for this district). Join a great pedigree of nearby businesses that include Chanel, John Varvatos, Intermix, The Beverly Center, and restaurants such as Cecconis, Catch, The Ivy, The Henry and many more. Lots of movement in the area, with Cedars Sinai a stone's throw away, and home to some of the highest incomes in town. This 4,945 SF Lot has been brought back to the dirt and the permits have been paid! Break ground immediately and get that huge price per square foot resale potential from the Investors who love that long-term, high-end retailer with low cap rates. Design Square Footages: Level 1 - Showroom - 2,057 | SF Level 2 - Showroom - 2,216 SF | Lower Level Storage or Showroom - 2,348 SF | Lower Level - Parking - 1,672 SF | Roof Terrace - 646 SF
Exterior Features

Cross Streets Robertson Blvd. Lot Size Area 4945 View Description Other View YN Yes

Property Features

Cable YN Yes Potential Usage 2 Story Retail Project + Subterranean Parking & Storage/Showroom & Roof Deck. 6785 Sf Of Usable Space + Parking + Roof Terrace Present Use Vacant Lot Sale Type Standard Source Lot Size Area Survey Source Lot Size Dimensions Assessor Zoning Cn-1 Commercial

Listing provided courtesy of Dario Svidler DRE#01884474 of Keller Williams Beverly Hills.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T08:42:52.36. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-132729-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-132729-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-132729-2.jpg
Logo
Compass
8560 W Sunset Blvd 3rd Floor
Los Angeles CA, 90069