DNA Realty Group, Inc. represented the buyer in the acquisition of 4623–4631 Beverly Boulevard, a rare three-lot, 21,000-square-foot development site in Los Angeles’ highly sought-after Greater Wilshire/East Hollywood area.
The strategically located property offered significant multifamily development potential, with C2-1 zoning, Tier 3 Transit Oriented Communities (TOC) incentives, and the potential for a substantial residential project within a building envelope exceeding 73,000 square feet.
Our representation focused on identifying and evaluating the opportunity, navigating the complexities of a development-oriented acquisition, and successfully guiding the buyer through the transaction to closing. This acquisition highlights DNA Realty Group’s ability to identify value-driven investment opportunities and provide sophisticated representation to investors and developers pursuing commercial real estate opportunities throughout Southern California.
For further information on this transaction, contact DNA Realty Group, Inc.