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Investment Highlights
- See updated listing - 1327 W 12th St, Los Angeles, CA 90015
- CMO1 Zoning - Tier 3 TOC
- Visibility and easy access to 110 freeway
- Total of 6 lots and +/-68,727 SF available
- Walking distance to Crypto Arena, LA Live Entertainment District
- Sale subject to bankruptcy court approval
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.
Sale is subject to bankruptcy court approval
Property Facts
| 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
| Lot Size | 0.86 AC |
| Lot Size | 0.86 AC |
See updated listing - 1327 W 12th St, Los Angeles, CA 90015 which includes 6 parcels and +/-68,727 SF of land currently being used for public parking.
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
Presented by
1313-1337 W 11th Pl
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