Dario Svidler Of Partners CRE Represents Sale Of Development Site In Los Angeles For $3.85M

A 34,320-sf development site located at 1750 North Argyle Avenue in Los Angeles was sold for $3.85 million on June 24, 2025. The property offers zoning and TOC Tier 4 incentives, allowing for the construction of up to 310 residential units. Its location across from Capitol Records and near the Hollywood & Vine Metro enhances its transit-oriented potential and aligns with the Opportunity Zone designation.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,850,000
• Square Footage: 34,320
• Price Per Square Foot: $112
• Address: 1750 North Argyle Avenue
• Market: Los Angeles

Dario Svidler from Partners CRE represented the seller in this transaction, highlighting the quick-close and shovel-ready status that attracted interest from potential buyers.