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1151 S Hope St
Los Angeles, CA 90015
Land For Sale
·
0.35 AC
Investment Highlights
- Rents and occupancy for luxury high rise rentals in DTLA have fully recovered from Covid and are expected to keep moving upward
- Steps away from Crypto.com Arena and L.A. Live, the sports and entertainment center of Los Angeles
- In close proximity to top universities such as USC, ASU California Center, Cal State LA, and SCI-Arc
- Located within the South Park Business Improvement District, the cleanest and safest neighborhood in Downtown
- Short five-minute walk to Pico/Flower metro station with access to Metro A line (Blue) and the Metro E Line (Expo)
- Income producing property with in-place master lease giving immediate revenue to owner
Property Facts
| Property Type | Land | Total Lot Size | 0.35 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Parking Lot | ||
| Zoning | [Q]R5-4D-O | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Parking Lot |
| Total Lot Size | 0.35 AC |
| No. Stories | 1 |
| Zoning | [Q]R5-4D-O |
Description
RCM Landing Page: https://my.rcm1.com/handler/modern.aspx?pv=94MyO_7OAMmhqTm1gwlqlfFjcsKToCpAPt1OZaey2_d1U3EOAheGy3MZNR4pFwQYaYztFafqUy7jO6ZY8bP-sg
Property Taxes
| Parcel Numbers | Improvements Assessment | $52,020 | |
| Land Assessment | $11,600,460 | Total Assessment | $11,652,480 |
Property Taxes
Parcel Numbers
Land Assessment
$11,600,460
Improvements Assessment
$52,020
Total Assessment
$11,652,480
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