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Map
$4,130,352*
●
Land -
Off Market
8763 Rosewood AVE
WEST HOLLYWOOD, CA 90048
Studio
0 Bath
$3,510,000 - $4,290,000
Reference Base Price*
5.91%
Since Sep 1, 2022
CA-Los Angeles
Primary Model
About This Property
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
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1928
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 6, 2022 | No longer available | - | |
No longer available | |||
May 11, 2022 | Price Decreased |
$3,900,000
↓ $500K
(11.4%)
|
|
Price Decreased | |||
Apr 12, 2022 | Price Decreased |
$4,400,000
↓ $500K
(10.2%)
|
|
Price Decreased | |||
Mar 2, 2022 | Listed | $4,900,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
4.5
Baths
3,520 ft²
$1,136/ft²
$3,999,000
Jan 18, 2023
-
-
Active
House
6
Beds
6.5
Baths
4,160 ft²
$888/ft²
$3,695,000
Nov 18, 2022
-
-
In Contract
Condo
2
Beds
2
Baths
1,963 ft²
$1,798/ft²
$3,530,000
Jun 28, 2022
-
$5,256/mo
Active
Condo
4
Beds
3.5
Baths
3,968 ft²
$881/ft²
$3,495,000
Nov 3, 2022
-
$1,050/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/02/2022
|
|
Loft
|
-
|
-
|
$4,900,000
Loft
-
|
-
-
|
-
|
Dario Svidler
Compass
|
Building Info
About West Hollywood
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