51 units fully entitled development opportunity


6753 Selma Ave, Los Angeles, CA 90028

CBRE, as exclusive advisor, is pleased to present for sale 6753 Selma Avenue, a TOC Tier 4,
mixed-use development opportunity to build ±58 apartment units in world-famous Hollywood.

Located in a Qualified Opportunity Zone between Sunset and Hollywood Boulevards, near Highland Avenue, 6753 Selma Avenue is two blocks to the Hollywood and Highland Red Line metro station, connecting Hollywood to Downtown Los Angeles and the greater Los Angeles metropolitan area.

6753 Selma Avenue comes with a parking covenant for 24 parking spaces. These spaces are located in the Modera parking garage, with an entrance on 1600-1622 N. McCadden Place. Modera is a newly built apartment community by Mill Creek Residential Trust Developer. The 24 parking spaces must be maintained at the cost of the Modera owner and rights to the spaces run with 6753 Selma Avenue.

6753 Selma Avenue boasts a Walk Score of 97 out of 100 – a Walker’s Paradise” – and sits in the heart of a vibrant urban setting in one of the most globally recognized cities known as “The Entertainment Capital of the World.” A wide array of restaurants, night life, entertainment, cultural and recreational amenities, and the Hollywood Farmers Market are in vicinity of the property.

Key Property Information

Listing Status
Listing Type
Highest & best offer
Multifamily type
Development Opportunity
$ 5,500,000
Zoning Code
TOC Tier 4
Opportunity Zone
Price per unit
$ 0
View broker details
Sign in to use the inquiry form

34.09994, -118.337634

Similar Properties in the area

Management Companies in the area