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630 S Main St
Los Angeles, CA 90014
PREMIER REDEVELOPMENT OPP IN DOWNTOWN LA · Land For Sale · 0.15 AC

Investment Highlights

  • ?Located in the heart of Downtown Los Angeles' Historic Core
  • ?Located in close proximity to key employers, public transportation, restaurants, stores and bars.
  • ?Boasts a 95/100 Walk Score and 100/100 Transit Score
  • Possible concepts for redevelopment include the following: 9-story, 108 unit building | 9-story, 90 unit building | 6 story, 72 unit building

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.15 AC
No. Stories 1
Zoning C2-2D

Description

MDGLA is pleased to list 630 S MAIN ST, a new premier redevelopment opportunity right in the heart of Downtown Los Angeles. The property is located on Main St, between E 6th and 7th St. The property boasts 44.9 linear feet of frontage on Main St, and 44.9 linear feet along a back alley. There is currently a vacant 3,456 SF building on the lot. The property is 6,615 SF (.15 AC), zoned C2-2D and also is a Tier 3 TOC (Transit Oriented Community). Architectural plans show 3 options for a multifamily development: - Option 1: 9-story, 108 unit building - Option 2: 9-story, 90 unit building - Option 3: 6-story, 72 unit building See SITE DIAGRAMS section in the for more information on potential development plans and ZONING SUMMARY in the OFFERING MEMORANDUM for more information on zoning. Buyer to verify zoning with City of Los Angeles. The subject property boasts a Walk Score of 95 out of 100 meaning that most errands can be accomplished on foot. It also boasts 100 out of 100 Transit Score, meaning the property has excellent access to public transportation. The property is walking distance from the new 6th St Viaduct Redevelopment Project, The Staples Center, Little Tokyo, The Disney Concert Hall, Grand Central Market, Figueroa Street and the Arts District. Many shops, restaurants, offices, theaters, concert halls, and grocery stores surround the subject property. The property benefits from its proximity to key employers, easy access to public transportation, world-class offerings, and continued population growth creating demand for more housing units.

Property Taxes

Property Taxes

Parcel Number
5148-021-002
Land Assessment
$2,959,491
Improvements Assessment
$473,516
Total Assessment
$3,433,007
  • Listing ID: 25665663

  • Date on Market: 5/9/2022

  • Last Updated:

  • Address: 630 S Main St, Los Angeles, CA 90014

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