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540-542 Stanford Ave - DTLA Infill Redevelopment Site 0.15 Acres of Residential Land Offered at $1,490,000 in Los Angeles, CA 90021
INVESTMENT HIGHLIGHTS
- High Density Development Opportunity
- Potential for Future Rezoning
- Housing Incentive Area
- Located Between DTLA Historic Core and Arts District
EXECUTIVE SUMMARY
540–542 Stanford Avenue is a 6,612 SF vacant land site offered at $1,490,000 in the heart of the Downtown Los Angeles Industrial District. Located between the Historic Core and Arts District, the site is surrounded by major redevelopment projects and benefits from strong demand for housing, creative office, and mixed use development. Its designation as an Opportunity Zone and Housing Incentive Area provides additional upside through tax benefits and density bonuses. With LAM2 zoning, proximity to the Metro Gold Line, and easy freeway access, 540–542 Stanford Avenue offers investors and developers a rare chance to secure a well-positioned site in one of Los Angeles’ most dynamic growth markets.
PROPERTY FACTS
| Price | $1,490,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LAM2 | ||
| Price | $1,490,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.15 AC |
| Opportunity Zone |
Yes |
| Zoning | LAM2 |
1 LOT AVAILABLE
Lot
| Price | $1,490,000 | Lot Size | 0.15 AC |
| Price Per AC | $9,816,128.76 |
| Price | $1,490,000 |
| Price Per AC | $9,816,128.76 |
| Lot Size | 0.15 AC |
The property consists of two contiguous parcels with a rectangular layout of ±60’ x 110’.
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (89)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,417,800 | Total Assessment | $1,417,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,417,800
Improvements Assessment
$0
Total Assessment
$1,417,800
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540-542 Stanford Ave - DTLA Infill Redevelopment Site
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