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1140 S Hope St
Los Angeles, CA 90015
Land For Sale · 0.35 AC

Investment Highlights

  • Both parcels are zoned R5-4D-0

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.35 AC
No. Stories 1
Zoning R5-4D-O

Description

This unique opportunity consists of two one story brick buildings, one (1144 S Hope St ) formerly occupied by Downtown Dance and Movement (currently vacant) and the other (1140 S Hope Street) occupied by STS Construction on a short term lease expiring July 2023. Total lot size with both properties combined is 15,502 square feet. These parcels are in the State Enterprise Zone, Tier 4- Transit Oriented Communities, Redevelopment Project Area: City Center General Plan Land Use High Density Residential and Greater Downtown Housing Incentive Area. Both parcels are zoned R5-4D-0. Buyer to verify possible units and zoning with the city. Total land square footage is approximately 15,502. APN # 5139-021-020 APN # 5139-021-021 [Q]R5-4D-O Zoning Information (ZI) ZI-2374 State Enterprise Zone: Los Angeles ZI-2452 Transit Priority Area in the City of Los Angeles ZI-2385 Greater Downtown Housing Incentive Area ZI-2488 Redevelopment Project Area: City Center General Plan Land Use High Density Residential https://www.walkscore.com/score/1140-s-hope-st-los-angeles-ca-90015

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5139-021-020
  • 5139-021-021
Land Assessment
$10,238,118
Improvements Assessment
$11,263
Total Assessment
$10,249,381
  • Listing ID: 23854530

  • Date on Market: 8/6/2021

  • Last Updated:

  • Address: 1140 S Hope St, Los Angeles, CA 90015

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