CA > Los Angeles
Los Angeles, CA 90028,1516 La Baig Ave
Los Angeles, CA 90028,1516 La Baig Ave
Los Angeles, CA 90028,1516 La Baig Ave
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$1,425,000
Est. payment /mo
2 Beds
2 Baths
1,620 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $879

MLS Listing ID 25562881

Style Bungalow

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1919

Lot Size 5,499 Sqft

Property Sub-Type Single Family Residence

Property Description

***$225,000 price reduction - $259 Land PPSF by Sunset & Gower - Development Plans in Docs Section*** 1516 La Baig Ave is a duplex (delivered vacant) located on a 5,499 SF lot in the center of the Hollywood Media District; just two parcels north of Sunset Blvd. This is a rare opportunity to acquire a development-ready site in a dynamic growth corridor, surrounded by major film and media employers, new mixed-use development, and transformative infrastructure investment. The property neighbors a new 109-unit apartment complex by CIM, across from Sunset Bronson Studios and Emerson College, and adjacent to the Netflix headquarters campus. A block away, the much-anticipated $1 billion "The Star" tower, designed by Norman Foster, is set to redefine the local skyline and inject over half a million square feet of new Class A creative space. The property comes with Ready-to-issue (RTI) plans to develop a 9-unit market-rate multifamily complex. Plans call for (1) 2-bdrm. unit, (3) 1-bdrm. units, and (5) singles. This site is eligible (buyer to verify) for Opportunity Zone tax benefits, and is aligned with the recently enacted Hollywood Community Plan, which significantly increases allowable density, incentivizes affordable housing, and encourages transit-oriented growth throughout the Sunset and Hollywood corridors. The existing improvements include (2) 1-bdrm. bungalow-style units that are separately metered. The property also features covered and surface parking, and a standalone garage. 1516 La Baig is a forward-looking investment in a creative corridor that continues to attract capital, talent, and transformative growth.

Location

State CA

County Los Angeles

Area Hollywood

Zoning [Q] LAR4-1VL

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Other

Cooling Other

Flooring Other

Fireplaces Type None

Equipment Other

Laundry Other

Exterior

Parking Features Garage - 1 Car, Covered Parking, Uncovered, Side By Side

Pool None

View Y/N No

View None

Building

Story 1

Architectural Style Bungalow

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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