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8763 Rosewood Avenue

West Hollywood, CA 90048
  • $3,900,000
  • STATUS: Active
  • ON SITE: 207 Days
  • ID#: 22132729
UPDATED: 58 min ago
$3,900,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Dario Svidler of Keller Williams Beverly Hills (310-432-6400)


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

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-27T22:29:37.863. 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 deemed reliable but is not guaranteed accurate by the MLS or Porchlight Real Estate Brokers. Licensed in the State of California, USA.
www.chicobroker.com/homes/126302885
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8763 Rosewood Avenue West Hollywood, CA 90048

  • Price: $3,900,000
  • Status: Active
  • On Site: 207 Days
  • Updated: 58 min ago
  • ID#: 22132729
0
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
C10 - West Hollywood Vicinity
County:
Los Angeles
Area:
C10 - 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

Parking Total 0 View YN Yes

Property Features

Association Fee 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Senior Community YN No Special Listing Conditions Standard Zoning Cn-1 Commercial



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-27T22:29:37.863. 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 deemed reliable but is not guaranteed accurate by the MLS or Porchlight Real Estate Brokers. Licensed in the State of California, USA.
 
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Porchlight Real Estate Brokers
1251 East Ave
Chico CA, 95926
Listing Agent(s): Dario Svidler of Keller Williams Beverly Hills (310-432-6400)