American Commercial Equities, owner of a 6.75-acre property at 5420 Sunset Boulevard, is seeking entitlements for the construction of a series of six-story building containing up to 735 studio, one-, and two-bedroom apartments above upwards of 95,000 square feet of commercial space, including room for a market, a restaurant, and general retail. That total would offset the roughly 100,000 square feet of commercial floor area located at the southeast corner of Sunset and Western Avenue, which consists of a McDonalds and a shuttered Food4Less.
Parking for the entire site would be located in a partially-subterranean garage at the rear of the site, with capacity for approximately 1,400 vehicles.
The developer has discarded the original entitlement design for the project, opting instead for a new look crafted by TCA Architects. Plans show four contemporary, plaster-clad buildings, bisected by a T-shaped paseo which would allow pedestrian connections between Western, Sunset, and Serrano Avenue. Seven courtyards would be scattered throughout the site, as well as other amenities such as a swimming pool, a game room, and a fitness center.
According to a draft environmental study circulated last year by the Planning Department, construction of 5420 Sunset is expected to occur over approximately 48 months, with completion anticipated in 2026.
The project is the third large development aiming to remake the intersection of Sunset and Western, which is now anchored by long-delayed Target store. A project from Reliable Properties is poised to replace another retail center located across the street, while The Georgetown Co. recently acquired a Netflix-leased development site to the south.
- 5420 Sunset Boulevard (Urbanize LA)