SoldLand
1410 N Highland Ave
Sold | $10M
Los Angeles, CA 90028 | Closed 8/21/2019
Property Highlights
2019
Year Sold
$10M on Highland Ave in Hollywood
$10 million for a development parcel on Highland Ave in Hollywood. Highland is where a lot of the new multifamily density in Hollywood is going, and this site was positioned for exactly that. Hollywood has its own set of entitlement headaches, and the buyer needed to be someone who could handle that process. We found the right fit and got it closed.
Transaction Highlights
- $10M land sale on Highland Ave
- Highland is the main artery for Hollywood's new multifamily development
- Buyer had the entitlement experience to handle Hollywood zoning
- Metro access and ongoing neighborhood densification
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