Commercial Land for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Los Angeles, CA 90044

Description

8.773 acres zoned C2/R4 with almost unlimited, permitted uses. Almost any iteration of commercial real estate can be developed here. A ‘once-in-a-lifetime’ opportunity’ to acquire and re-imagine a very large, 382K sq. foot parcel, that will have a profound social and economic impact on Los Angeles, for generations to come. Zoned R4/C2, the highly-accessible and highly-visible site lends itself to all facets of commercial real estate development: Office, Retail, Multifamily, Industrial, Hospitality/Hotel and Healthcare - or a combination, therein, based on the sheer size of this offering. The site has many, many end-user uses, maximizing potential and minimizing entitlement risk. The offering is church-owned and made up of 6 structures and can be delivered vacant at close of escrow. 5 of the 6 structures are presently used as administrative, office, classroom and warehouse/facilities management. The 6th and largest structure on site is a huge, 780+ stall parking structure. A potential saving 10’s of millions of dollars in construction and permitting costs, should it be re-incorporated into the developer’s vision. Located near the vital 110 Freeway - connecting The Port of Los Angeles to Greater LA and directly ON the future home of the Metro Vermont Transit Corridor, as well! This region of LA connecting DTLA to The South Bay will be on full display for the LA 2028 Olympics - with DTLA, The Coliseum, SoFi Stadium, The Forum and The South Bay Sports Park, taking center stage. Exclusively Listed UNPRICED. Seller will meet the market.

Market Context

This land in Los Angeles, CA is listed for sale. It has been on the market for 148 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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