Studio City Development Site - LoopNet€¦ · Evanisko Realty & Investment, Inc. Studio City Development Site 4220-4240 Laurel Canyon Blvd. Studio City, CA 91604 • Potential to

Evanisko Realty & Investment, Inc.

Studio City Development Site 4220-4240 Laurel Canyon Blvd.

Studio City, CA 91604

• Potential to develop a 70-80 unit assisted living facility

• Recorded Final Subdivision - 32 condominiums

• R3-1 Zoning - 3:1 FAR - 20’ alley

• A+ Location

Laurel Medical

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This brochure has been prepared to provide summary, unverified information to

interested parties, and to establish only a preliminary level of interest in the subject

development opportunity.

The information contained in this brochure has been obtained from sources we believe to

be reliable. However, Evanisko Realty & Investment, Inc. has not verified, and will not

verify, any of the information contained herein, nor has Evanisko Realty & Investment,

Inc. conducted any investigation regarding theses matters and makes no warranty or

representation whatsoever regarding the accuracy or completeness of the information

provided.

All interested parties must take appropriate measures to verify all of the information set

forth herein.

Please contact Evanisko Realty & Investment, Inc. for additional information and/or

guidance pertaining to this opportunity.

All offers and correspondence regarding this opportunity are to be directed to:

Frank Evanisko

(818) 985-9700

[email protected]



• APN: 2368-015-070

• Land Area: 25,010 SF

• Existing Improvements: Vacant Land

• Zoning: R3-1

• FAR: 3:1 [57,600 SF max buildable area allowed, 56,312 utilized in current plans]

• Topography: Flat

• Average Household Income: $102,503 [2012] – ½ mile radius

• Site Dimensions: Approx 250’ Front X 100’ Depth + 20’ Rear Alley

• Council District: CD 2 – Paul Krekorian

• Price: $8,300,000

• Existing Entitlement: Recorded Final Map [32 Condominiums/80 Parking Spaces]

• Plans for 32 Condominiums averaging 1,695 SF each

• Construction: Type V – 4 story over 1 level basement garage

• Quimby Fees Paid

Located steps [1,250 feet] from Ventura Blvd. in the heart of Studio City, the property will

afford its purchaser with the rare opportunity to develop a trophy asset at one of Los

Angeles’ most valuable and visible locations. The site lends itself to a multitude of

development scenarios including assisted living, and condominium development.

Ownership has retained Evanisko Realty & Investment, Inc. as its exclusive advisor for the purpose of marketing and selling the property.



Property Summary



Property Summary

Sunrise Assisted Living

4610 Coldwater Canyon Ave.


• Units: 80 [40 single, 24 1’s, 16 2’s]

• Built: 2003

• Land Area: 27,928 SF

• Total Building Area: 59,863 SF

• Zoning: R3-1

• Parking: 35 Spaces

• Approx Rent + Fees/Unit: $5,000/Mo.

Studio City Development Site

ESRI Traffic Counts



Transaction Guidance

Evanisko Realty & Investment, Inc. has been retained on an exclusive basis by the owner to

handle the marketing and disposition of this land asset.

Commission: 1% will be offered to a cooperating broker (if any)

Price: $9,300,000

SUBMIT ALL PROPOSALS/INQUIRIES TO: [email protected]

ALL PROPOSALS WILL BE REVIEWED BY LANDOWNER AND BROKER AS RECEIVED.

For additional information/guidance on this and other development opportunities

contact: Evanisko Realty & Investment, Inc. (818) 985-9700

www.TheDevelopmentBrokers.com

Documents

Studio City Development Site - LoopNet€¦ · Evanisko Realty & Investment, Inc. Studio City Development Site 4220-4240 Laurel Canyon Blvd. Studio City, CA 91604 • Potential to