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1313-1337 W 11th Pl
Los Angeles, CA 90015
Land For Sale
·
0.86 AC
Executive Summary
Manufacturing. The properties boast excellent accessibility to major transportation routes, public amenities, and business hubs, making them highly desirable for parking, commercial development, mixed-use projects and affordable housing projects (ED1 eligible by right).
The property is asphalt paved and fenced and utilized as surface parking lots, serving the surrounding Downtown Office and Commercial district; including the Crypto.com Arena and LA Live Sports and Entertainment Venues. The subject is located in the Enterprise Zone and Transit Priority
Overlay Zones.
Property Facts Under Contract
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.86 AC |
| Zoning | CM, Los Angeles - CM-1-O Commercial Manufacturing | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.86 AC |
| Zoning | CM, Los Angeles - CM-1-O Commercial Manufacturing |
1 Lot Available
Lot
| Price | $12,500,000 | Lot Size | 0.86 AC |
| Price Per AC | $14,506,461.18 |
| Price | $12,500,000 |
| Price Per AC | $14,506,461.18 |
| Lot Size | 0.86 AC |
Corner lot consisting of 37,535 SF of land currently being utilized as parking lots. Located off of the 110 freeway and 11th in DTLA. Zoned CM1-0 ED 1 eligible.
Description
Attractive investment opportunity in a prime location directly off of the 110 Freeway. The property is situated in downtown Los Angeles, strategically positioned near the Convention Center, LA Live and Crypto Arena. The property is zoned CM-1-O - Commercial Manufacturing. The properties boast excellent accessibility to major transportation routes, public amenities, and business hubs, making them highly desirable for parking, commercial development, mixed-use projects and affordable housing projects (ED1 eligible by right). The property is asphalt paved and fenced and utilized as surface parking lots, serving the surrounding Downtown Office and Commercial district; including the Crypto.com Arena and LA Live Sports and Entertainment Venues. The subject is located in the Enterprise Zone and Transit Priority Overlay Zones. Additional lots can be acquired for an additional fee.
Property Taxes
| Parcel Number | 5137-022-017 | Improvements Assessment | $0 |
| Land Assessment | $7,216,744 | Total Assessment | $7,216,744 |
Property Taxes
