3655 Cahuenga Blvd, Los Angeles, CA 90068
6,190 SF | Retail Building | Los Angeles, CA 90068 | $4,995,000 ($807/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,995,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 6,190 SF
- Price / Square Foot
- $807
Listing Contacts
Dan Sanchez
Verified Profile
- Property Info
Property Overview
Dan Sanchez of Engel & Volkers proudly presents an incredible development opportunity that has exceptional visibility on 3653-3655 Cahuenga Blvd West. Located in the highly desirable submarket of Universal City, this infill location boasts a high level of demand with high barriers to entry.
The trophy site can be reimagined into a first-class mixed-use or multi-family development as the site is located in a Tier-3 Transit Oriented Community that provides a higher range of density with possible unit bonuses. The property is well positioned on a hard corner intersection of Cahuenga Blvd West with almost 100 FT of frontage and located near many major studios and attractions including NBC Universal, Disney, Warner Bros., Paramount, Netflix, and several others.
The intersection has an average daily traffic count of 25,000 vehicles per CoStar statistics. The site offers easy access to the San Fernando Valley, Hollywood, and Greater Los Angeles. Its strategic location provides close proximity to the Universal City/Studio City Metro Rail and convenient access to major commuter routes, including the 101 freeway.
The trophy site can be reimagined into a first-class mixed-use or multi-family development as the site is located in a Tier-3 Transit Oriented Community that provides a higher range of density with possible unit bonuses. The property is well positioned on a hard corner intersection of Cahuenga Blvd West with almost 100 FT of frontage and located near many major studios and attractions including NBC Universal, Disney, Warner Bros., Paramount, Netflix, and several others.
The intersection has an average daily traffic count of 25,000 vehicles per CoStar statistics. The site offers easy access to the San Fernando Valley, Hollywood, and Greater Los Angeles. Its strategic location provides close proximity to the Universal City/Studio City Metro Rail and convenient access to major commuter routes, including the 101 freeway.
Property Details
- Class
- C
- Year Built
- 1955
- Stories
- 1
- Lot Size (sq. ft)
- 11,761 SF
Highlights
- Incredible development opportunity with exceptional visibility
- High level of demand with high barriers to entry
- Located in a Tier-3 Transit Oriented Community
- Hard corner intersection with almost 100 FT of frontage
- Average daily traffic count of 25,000 vehicles
- Convenient access to public transportation and the 101 FWY
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