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Imperial Highway Land Portfolio 3 Land Properties Offered at $9,900,000 in Los Angeles, CA
Investment Highlights
- Three infill development sites in South Los Angeles - sold individually or as a portfolio
- ±115,456 SF (±2.65 AC) combined - all sites within 1.5 miles of each other
- Two of the three properties have RTI (ready-to-issue) entitlements - 287 combined units, no entitlement risk
- Land only - multiple parcels per site, no existing improvements
- Zoned for commercial or multifamily development
- All three sites located within a federally designated Qualified Opportunity Zone
Executive Summary
Three infill development sites being sold together in South Los Angeles area. Land only. Multiple parcels. Commercial or multifamily development use. All three sites sit within ½ mile of a major transit stop and are within a High-Quality Transit Corridor (HQTC). The Metro Green Line and multiple express bus routes serve the corridor, with connectivity to LAX, Downtown LA, and Long Beach. All three parcels fall within federally designated Opportunity Zones.
Property Facts
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
|
248–256 W Imperial Hwy
256 Imperial hwy, Los Angeles, CA 90061 |
Land | 1.34 AC | - |
| 116 W Imperial Hwy, Los Angeles, CA 90061 | Land | 0.75 AC | - |
|
DD 980581-01-01
1290 E Imperial Hwy, Los Angeles, CA 90059 |
Land | 0.64 AC | - |
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