Favorable Zoning | Coveted Central LA Lot

Conroy Commercial is proud to present a truly exceptional development opportunity at 7901 Beverly Boulevard, located at the prominent intersection of Beverly Boulevard and Fairfax Avenue, one of Los Angeles' most recognizable and highly trafficked commercial corridors. Positioned at a signalized corner with unmatched visibility, this rare offering presents investors and developers with the opportunity to create a transformative project in the heart of one of the city's most dynamic neighborhoods. Whether envisioned as a mixed-use destination, luxury residential development, boutique hospitality concept, or flagship commercial asset, the site offers extraordinary flexibility and long-term potential RTI plans prepared by Howard Laks Architects and approved in March 2024 currently permit a five-story mixed-use development featuring 71 residential units above approximately 10,000 square feet of ground-floor retail space, supported by five levels of subterranean parking. Since the issuance of the RTI approvals, zoning changes have expanded the site's development potential and allowed for increased density. As a result, multiple alternative development scenarios have been evaluated, including increasing the approved residential unit count to 78 units while reducing parking requirements, pursuing a maximum-density residential project with up to 146 units, or developing a mixed-use residential and hospitality concept featuring approximately 96 hotel rooms and 90 residential units. All alternative development concepts remain subject to review, approval, and confirmation by the Los Angeles Planning Department and other applicable agencies. 7901 Beverly Boulevard sits at the geographic and cultural center of Los Angeles. Television City — the storied former CBS studio campus — sits catty-corner across the intersection. The Original Farmers Market and The Grove are a short walk away. LACMA, the Beverly Center, and Melrose Avenue are all within minutes. The immediate trade area is among the densest and most affluent in the city, with more than 38,000 daytime employees within one mile and a residential population that skews educated, professional, and high-income. Development opportunities of this scale and prominence are exceedingly scarce, particularly in a location that combines strong demographics, significant daily traffic counts, and immediate access to some of Los Angeles' most sought-after retail, dining, and entertainment destinations. Qualified buyers are invited to submit offers accompanied by proof of funds and a summary of relevant development experience. Opportunities to establish a landmark presence at Beverly and Fairfax are exceptionally rare. Conroy Commercial welcomes the opportunity to discuss this offer in greater detail. Property tours are available by appointment only. Please contact the listing broker to schedule.