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1272-1276 W Court St 0.16 Acres of Commercial Land Offered at $2,400,000 in Los Angeles, CA 90026
INVESTMENT HIGHLIGHTS
- Views – Stunning city light views of the Downtown Los Angeles skyline.
- Contiguous Parcels- A substantial plot of contiguous land, ideal for residential development projects
- TOC Tier 1 -City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program.
- Views – Stunning city light views of the Downtown Los Angeles skyline.
- Multi-family Zoning – Existing zoning allows high density multi-family communities.
- QCT -Site is within QCT designated areas that are sought after by affordable housing to credit developers
EXECUTIVE SUMMARY
This incredible assemblage of three parcels (APNs 5160-019-030, 031, 032) encompasses approximately 21,021 SF (0.48 acres) of land in the heart of Los Angeles’ Westlake neighborhood, just west of Downtown.
The property includes an existing vacant duplex and an occupied single-family residence with a secured tenant buyout scheduled for vacancy by June 1, 2026 (tenant compensation currently held in escrow). Do not disturb tenants.
Over the past five years, the Westlake area has undergone a major revitalization, with hundreds of new residential units built within a few blocks of the subject site.
Investment Potential:
Redevelop the entire site
Construct new units on vacant parcels
Add units or ADUs
Land bank for future value
The property’s residentially dense zoning - R4(CW)-75/3-0 (allowing 400 SF of land per dwelling unit, 75’ height limit, and 3.0 FAR) - supports a wide range of development strategies.
The seller will consider selling each lot individually, offering investors optionality based on their desired scale and timing.
The property includes an existing vacant duplex and an occupied single-family residence with a secured tenant buyout scheduled for vacancy by June 1, 2026 (tenant compensation currently held in escrow). Do not disturb tenants.
Over the past five years, the Westlake area has undergone a major revitalization, with hundreds of new residential units built within a few blocks of the subject site.
Investment Potential:
Redevelop the entire site
Construct new units on vacant parcels
Add units or ADUs
Land bank for future value
The property’s residentially dense zoning - R4(CW)-75/3-0 (allowing 400 SF of land per dwelling unit, 75’ height limit, and 3.0 FAR) - supports a wide range of development strategies.
The seller will consider selling each lot individually, offering investors optionality based on their desired scale and timing.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,400,000 | Lot Size | 0.16 AC |
| Price Per AC | $14,907,202.66 |
| Price | $2,400,000 |
| Price Per AC | $14,907,202.66 |
| Lot Size | 0.16 AC |
Contiguous Parcels- A substantial plot of contiguous land, ideal for residential development projects.
DESCRIPTION
Central Location-A short Uber ride to Crypto.com Arena, Dodger Stadium, the Music Center, The Broad Museum, Echo Park, Chinatown, Little Tokyo.
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (71)
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1272-1276 W Court St
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