Nestled in the heart of West Hollywood, a prime retail property has hit the market, offering investors and entrepreneurs a rare opportunity to own a piece of one of Los Angeles’ most iconic streets. The property is located at 8533 Sunset Boulevard and listed with a price tag of $22.5 million, or about $1,900 per square foot, according to the listing from Newmark. The property’s current owner is an entity affiliated with 8533 Sunset Blvd LLC.
The property spans approximately 11,840 square feet across multiple levels and was developed in 2022, according to the listing.
Positioned between Beverly Hills and Hollywood, the neighborhood offers unparalleled access to major freeways and transportation hubs, making it an ideal destination for both residents and tourists alike. Renowned for its lively nightlife and diverse community, West Hollywood fosters a thriving creative scene, attracting artists, musicians and performers from near and far. The property’s proximity to numerous production companies, art galleries, and design studios further solidifies its status as a coveted asset in the area’s cultural landscape.
Moreover, the property’s location on Sunset Boulevard places it at the epicenter of West Hollywood’s upscale shopping districts. From the legendary Sunset Strip to the trendy boutiques lining Melrose Avenue, the neighborhood boasts an array of high-end fashion retailers and chic eateries, drawing in discerning clientele from around the world.
Embracing the ethos of walkability and pedestrian-friendliness, West Hollywood has invested in infrastructure improvements, enhancing the ease with which residents and visitors can navigate the neighborhood’s vibrant streets.
