SoldBroker Activity · Entry № 48

Hollywood Land Bought by an EV Infrastructure Developer

Terawatt Infrastructure paid $10.025M for Hollywood land.

PublishedJune 27, 2026
StatusSold · Just Closed
DatelineThe Tape · Hollywood, Los Angeles
1000 Seward St hero photo
FIG. 01, 1000 Seward St, Hollywood, Los Angeles, CA 90038. Listing photo via CoStar / Savills.
Four takeawaysFour things an operator clocks on this Hollywood land trade
  1. Pure land play at $293/SF
  2. Who is the Buyer: Terawatt Infrastructure builds EV charging stations for autonomous vehicles and trucking fleets. A 0.78-acre Hollywood site with 25 surface spaces, LAMR1 zoning, and a transit score of 60 is consistent with a commercial charging depot or fleet staging yard, not housing.
  3. Brokers need to Track New Types of Buyers.  Most brokers aren't calling EV infrastructure companies.  They probably should be.  As transportation electrifies, groups like Terawatt create an entirely new buyer pool competing for well-located industrial, office, and redevelopment land.
  4. Buyer Info:  Terawatt Infrastructure Headquarters: San Francisco Focus: Commercial EV charging infrastructure Customers include autonomous vehicle operators, trucking fleets and rideshare fleets Develops, owns and operates charging hubs rather than simply selling equipment Has raised over $1 billion to build a nationwide charging network and continues expanding across California and major freight corridors.
Deal Stats · 1000 Seward St
Sale Price
$10.025M
closed Feb 12, 2026
Price / Acre
$12.78M
land value basis
Price / SF (Bldg)
$293/SF
on 34,168 SF lot
Lot Size
0.78 ac
34,168 SF
Improvements
12,396 SF
3 buildings, 1-story masonry
Year Built
1937
Class C office / production
Zoning
LAMR1
LA Manufacturing Residential
Parking
25 spaces
surface lot, 0.5 acres
ULA Tax Estimate
$401K
above ULA threshold
Hold Period
10.5 yrs
seller since ~2015

This is exactly why I track buyers

The original owner spent years assembling land and entitling a 150,000 SF Hollywood office project. Terawatt saw something entirely different—a strategic location for autonomous vehicle charging. 

Send Oms to David@AtlasBrief.La

Brokers
Listing Broker
Michael Shuken
Savills
Written from the field

David Safai, operator, developer, GC.

Atlas Home Builders, Inc. is a Los Angeles owner-operator and general contractor. If you are a broker with a listing you want an honest read on, send the OM and the T-12 to David@AtlasBrief.La.

Send a ListingBack to Board
Comments