Commercial Land for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Los Angeles, CA 90018

Description

Marcus & Millichap, as Exclusive Advisor, is Pleased to Present 2255 W Adams Boulevard, a 7,137 Square Foot School Property Situated on 0.41 Acres of Land (17,987 SF) Located East of the NE Signalized Intersection of W Adams Blvd & Arlington Blvd in the Los Angeles Submarket of West Adams, CA. 2255 W Adams Boulevard is currently operating as a school which can be vacated as of July 1st, 2025, making it an ideal owner-user or value-add opportunity. The property is made up of two independent structures, one single story with a two-story structure beside it, totaling 7,137 square feet. The property benefits from ample front and rear yards that serve as playgrounds for school use. Because of the property’s underlying R3-1-O-HPOZ zoning, a variety of school, tutoring center, adult education, multifamily, senior independent living, and assisted living uses are allowed by right as well as additional uses like church or place of worship, among others, with condition use permit (CUP). The subject property is zoned R3-1-O-HPOZ, designated a Tier 1 in the Transit Oriented Communities (TOC) incentive program, and is situated in the South Los Angeles Alcohol Sales specific plan. By right, twenty-four (24) units can be developed on the site and up to thirty-six (36) using the 50% density bonus through the TOC. New developments are allowed up to a 3.00 FAR (up to 4.20 FAR with the TOC) and a height of 3 stories or 45 feet (an additional 1 story and 11 feet are allowed if utilizing the TOC). Because of the site’s proximity to transit, new projects are eligible for AB 2097, eliminating any parking requirements. Ambitious developers can achieve greater bonuses using the California State Density Bonus Law which allows density bonuses up to 100%. The subject property benefits from outstanding visibility with approximately 100 feet of frontage along W Adams Boulevard. The property is situated centrally between Arlington Avenue and Western Avenue, a highly dense area experiencing rapid g

Market Context

This land in Los Angeles, CA is listed for sale. It has been on the market for 68 days. Compare it against other land listings for sale in Los Angeles, CA — <a href="/search/sale/land/california/los-angeles">view the full market</a>.

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