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1512 W 7th St
Los Angeles, CA 90017
7th & Valencia · Retail Property For Sale
Investment Highlights
- Clean Phase 1 & 2 | 30,503 SF of Highly Desirable Development Land
- 6-1 FAR - 183,000 SF Development Construction Available
- Above Ground Parking Project. No Costly Subterranean Parking Need
- Frontage on Prime 7th St. with Downtown Skyline Views
- Highly Walkable Residential Location - 92% Walk Score | Adjacent to Downtown Los Angeles Employment Center of Over 500,000 Jobs
- Urban Infill Development Opportunity | In Immediate Path of Gentrification Near Downtown, Koreatown, Silver Lake, City West
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
18,585 SF
Building Class
C
Year Built
1925
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
0.70 AC
Zoning
C2-2
Parking
50 Spaces (2.71 Spaces per 1,000 SF Leased)
Frontage
108’ on W 7th
Amenities
- Bus Line
- Signalized Intersection
About 1512 W 7TH ST , LOS ANGELES, CA 90017
7th & Valencia sits in the Westlake area just West of Downtown with insuring skyline views. The subject is situated in a promising central core location with high density rental demand just blocks from L.A. Live/Staples, 2 blocks from Metro Rail stations, and in the midst of rapidly expanding growth downtown. The area has one of the most dense populations in Los Angles metro Area. In addition effortless access to all things Downtown, the property is positioned with Silver Lake to the north, Echo Park to the northeast, and Koreatown to the west. Westlake touches East Hollywood on the northwest. Residents of the area enjoy easy access to the 101, 110, 10, and 5 Free
Property Taxes
| Parcel Numbers | Improvements Assessment | $535,846 | |
| Land Assessment | $1,100,703 | Total Assessment | $1,636,549 |
Property Taxes
Parcel Numbers
Land Assessment
$1,100,703
Improvements Assessment
$535,846
Total Assessment
$1,636,549
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