$16,000,000
Est. payment /mo
0.86 Acres Lot
Active
1337 W 11th Los Angeles, CA 90015
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26115024
Lot Size 0.862 Acres
Property Sub-Type Lots/Land
Property Description
Six-Parcel Development Site and Surface Parking Property for Sale Near Downtown Los Angeles 13131337 W. 11th Place, Los Angeles, California 90015, a six-parcel land assemblage totaling approximately 68,707 square feet, or 1.57 acres with CMO1 zoning. The offering consists of two sites positioned across W. 11th Place, with corner locations and frontage along three streets. The property is paved, fenced and currently configured as an established surface parking operation with approximately 280 parking spaces. Its existing configuration may provide a buyer with the opportunity to continue operating public parking while evaluating longer-term plans for the property. The site may also appeal to parking operators, EV-charging companies, fleet-charging operators and investors seeking a potential electric-vehicle charging parking facility in Los Angeles. Any EV-charging conversion would be subject to the buyers confirmation of electrical-service capacity, utility requirements, permitting, site design and governmental approvals. For developers, the assembled parcels provide a substantial infill land opportunity near Downtown Los Angeles. Property marketing materials identify the zoning as Commercial Manufacturing and describe potential commercial, mixed-use and housing development possibilities. Buyers should independently verify zoning, allowable uses, development density, overlays, entitlements and applicable land-use regulations with the City of Los Angeles. The property offers convenient access to the 110 Freeway near its convergence with the 10 Freeway and is located near major
Location
State CA
County Los Angeles
Direction Located on the SEC of Albany St and 11th Pl
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5137022017
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition NOD Filed/Foreclosure Pnd
Listed by Patrick Sharples, DRE#01245463 Keller Williams Realty
NEARBY SCHOOL & BUSINESS
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