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Sunset Strip Collection

3 Properties in Multiple Locations

Investment Highlights

  • Iconic Location

Executive Summary

Rembert & Rowland Real Estate, in collaboration with KW Commercial, is thrilled to present a once-in-a-decade investment opportunity: a prime development site on the iconic Sunset Strip located at 8981 W Sunset Boulevard and Hammond Street. This exceptional portfolio includes a high-visibility creative office building and two luxurious residential homes. Nestled in the heart of West Hollywood, the property offers over half an acre of prime real estate with immense potential for future development. The existing homes provide a stable income stream during the entitlement process, making this an ideal investment for discerning buyers seeking to capitalize on LA’s most coveted locations.
8981 W Sunset Boulevard presents a blank canvas for redevelopment and currently offers prime creative office space with significant upside potential. This iconic Sunset Boulevard property boasts of ±42,365 square feet of flexible office space, complemented by ±10,472 square feet of residential living space with two homes located in back of the property at 8972-8974 Shoreham Drive. The entire property sits on a generous ±25,133 square foot lot, totaling ±52,837 rental square feet. West Hollywood, California is a vibrant city known for its diverse community, entertainment scene, and trendy lifestyle. Located just west of Beverly Hills, it offers easy access to the bustling Los Angeles metropolitan area. Nearby cities include Beverly Hills, Hollywood, Santa Monica, and Culver City. Freeways such as the 101, 10, and 405 provide convenient transportation options. Major thoroughfares like Sunset Boulevard, Santa Monica Boulevard, and Melrose Avenue are bustling hubs for shopping, dining, and nightlife. Residents enjoy a wide range of amenities, including parks, farmers markets, gyms, and cultural institutions. West Hollywood is also home to numerous world-class restaurants, bars, and nightclubs, making it a popular destination for locals and tourists alike.
8981 W Sunset Boulevard offers a once-in-a-lifetime opportunity to acquire an iconic Sunset Strip property. This prime West Hollywood
location, combined with the property’s versatile zoning and significant square footage, presents an infinite potential for creative redevelopment. This is a trophy asset opportunity and an ideal choice for both investors and developers seeking long-term stability and growth. Whether you envision a luxury hotel resort, state-of-the-art office space, exclusive residences, or a mixed-use development, this property is poised to become a landmark destination.

Property Facts

Sale Conditions Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 1
Total Building Size 52,837 SF
Total Land Area 0.27 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
8981 W Sunset Blvd, West Hollywood, CA 90069 Office 42,365 SF 1987 -
8972 Shoreham Dr, Los Angeles, CA 90069 Multifamily 5,236 SF 1987 -
8974 Shoreham Dr, Los Angeles, CA 90069 Multifamily 5,236 SF 1987 -
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  • Listing ID: 33703880

  • Date on Market: 2024-10-31

  • Last Updated:

  • Address: Sunset Strip Collection, West Hollywood, CA

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