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- LoopNet Team
1400 S Flower St
Los Angeles, CA 90015
Land For Sale
·
0.69 AC

Investment Highlights
- Mixed-use development project in sought after South Park District with entitlements in place
- The developer, pursuant to the entitlements has the right to convert 6,300 SF of the allowable ground floor commercial space of 8,800 SF.
- Not subject to Inclusionary Housing, Linkage Fee, Measure JJJ
- 171 upper floor dwelling units - 96 studios - 57 one-bedroom units - 18 two-bedroom units
- The planned project amenities include: Fitness center, pool with enclosure, spa and cabana, firepits, BBQ bar and dining area and outdoor TV.
Property Facts
Description
Kidder Mathews is pleased to present to market 1400 South Flower Street, an entitled, 151,393 square foot, seven-story, mixed-use development opportunity located in the flourishing South Park District of Downtown Los Angeles, consisting of 171 dwelling units and 8,800 square feet of commercial/retail space with a top tier community amenity package for its residents. In addition to the property’s excellent location, it is not subject to the additional costs of: Measure JJJ, Linkage Fee, Inclusionary Housing. Project Application and Vesting for the project was completed prior to the implementations of the measures above. The property is situated in a supreme Downtown LA location near the major cross streets of Pico Boulevard and Figueroa Street, within 1-2 blocks walking distance to the Staples Center, LA Live, Los Angeles Convention Center and an excellent array of amenities including entertainment, high-end hotels, world class restaurants and shopping along with excellent local transportation. Pico Boulevard is one of the few primary east-to-west corridors that extends west to Downtown Santa Monica. Flower Street is a primary north-to-south corridor with the Metro Blue Line located only one and a half blocks away from the property, and USC less than a mile and a half away. The existing improvements consist of one single and one two-level commercial improvements.
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $358,556 |
| Land Assessment | $6,550,925 | Total Assessment | $6,909,481 |
Property Taxes
- 5134-012-016
- 5134-012-017
- 5134-012-018
Listing ID: 17570705
Date on Market: 10/28/2019
Last Updated:
Address: 1400 S Flower St, Los Angeles, CA 90015
The South Park Land Property at 1400 S Flower St, Los Angeles, CA 90015 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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