1516 La Baig Avenue, Los Angeles, CA 90028
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1516 La Baig Avenue,Los Angeles, CA 90028
$1,425,000
- 2 Beds
- 2 Baths
- 1,620 sq. ft.
- Single family
- Active
Listed by:max berger
Office:compass
MLS#:CL25562881
Source:CA_BRIDGEMLS
Price summary
- Price:$1,425,000
- Price per sq. ft.:$879.63
About this home
***$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 Suns
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Home facts
- Year built:1919
- Listing ID #:CL25562881
- Added:92 day(s) ago
- Updated:October 11, 2025 at 02:40 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,620 sq. ft.
Structure and exterior
- Year built:1919
- Building area:1,620 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$1,425,000
- Price per sq. ft.:$879.63
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