If you've got millions of dollars burning a hole in your pocket and have always wanted Hollywood real estate with entitlements for a Frank Gehry-designed housing and commercial complex, we've got great news for you.

This month, listings appeared on multiple websites advertising the 2.5-acre property at 8150 Sunset Boulevard as being for sale. The now vacant lot, which sits at Sunset's intersection with Crescent Heights Boulevard, is the former site of the Garden of Allah, and more recently, the Lytton Savings Building.

After a contentious three-year process, culminating in a slight haircut imposed by former Councilmember David Ryu, developer Townscape Partners secured approvals in 2016 for a pair of mid-rise buildings featuring up to 203 residential units above 57,300 square feet of retail space.

Subsequently, the project faced additional legal hurdles. The Los Angeles Conservancy waged a preservation campaign to save the Lytton Savings Building, which ended in 2018 when the California Supreme Court declined to halt the demolition of the mid-century bank branch. However, a

Demolition of Lytton Savings followed in 2021, with the remaining buildings of the former retail complex following shortly afterward. Permit applications on file with the L.A. Department of Building and Safety indicate that Townscape initiated the plan check process for 8150 Sunset in 2019, seeking approvals for three buildings up to 13 stories in height. However, no activity is shown since mid-2022.

While entitlements for the Townscape's Gehry-designed project remain active, marketing materials make no reference to the approved plan, instead advertising the property's location within a Tier II Transit Oriented Communities incentive zone.

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