105-117 W Pico Blvd | Los Angeles, CA 90015
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105-117 W Pico Blvd
Los Angeles, CA 90015
DTLA Parking Lot · Land For Sale · 14,657.00 AC
EXECUTIVE SUMMARY
Property Overview:
A rare opportunity to acquire a 14,657 SF surface parking lot in the heart of Downtown Los Angeles. This highly visible hard corner site at 105-117 W Pico Blvd offers excellent access, income potential, and long-term investment value.
Investment Highlights:
• Strong Income Potential: Currently generating $68,700 annually from parking and billboard revenue ($66,000 parking, $2,700 billboard).
• Growth Opportunity: Potential to increase rents and improve revenue streams.
• High-Traffic Location: Frontage on W Pico Blvd and S Main St, with traffic counts exceeding 18,000 vehicles per day.
• Excellent Accessibility: Proximity to the 10, 101, 110, and I-5 freeways. Within walking distance of metro stations and major transit hubs.
• Prime Downtown Location: Adjacent to the Garment District, near hotels, restaurants, and residential developments.
• Seller Financing Available: Flexible terms for qualified buyers.
Property Details:
• Lot Size: 14,657 SF (Approx. 0.33 acres)
• Zoning: C-2-4D-O (Commercial zoning allows for various future development possibilities)
• Parking Capacity: Approx. 57 surface spaces
• TOC Tier 3: Potential for transit-oriented development incentives
• Council District: CD 14 - Kevin De Leon
• Walk Score: 93 (Walker’s Paradise)
• Transit Score: 100 (Rider’s Paradise)
This offering is an exceptional opportunity for investors or developers seeking a stable income-producing asset with future upside in one of Los Angeles’ most dynamic submarkets.
A rare opportunity to acquire a 14,657 SF surface parking lot in the heart of Downtown Los Angeles. This highly visible hard corner site at 105-117 W Pico Blvd offers excellent access, income potential, and long-term investment value.
Investment Highlights:
• Strong Income Potential: Currently generating $68,700 annually from parking and billboard revenue ($66,000 parking, $2,700 billboard).
• Growth Opportunity: Potential to increase rents and improve revenue streams.
• High-Traffic Location: Frontage on W Pico Blvd and S Main St, with traffic counts exceeding 18,000 vehicles per day.
• Excellent Accessibility: Proximity to the 10, 101, 110, and I-5 freeways. Within walking distance of metro stations and major transit hubs.
• Prime Downtown Location: Adjacent to the Garment District, near hotels, restaurants, and residential developments.
• Seller Financing Available: Flexible terms for qualified buyers.
Property Details:
• Lot Size: 14,657 SF (Approx. 0.33 acres)
• Zoning: C-2-4D-O (Commercial zoning allows for various future development possibilities)
• Parking Capacity: Approx. 57 surface spaces
• TOC Tier 3: Potential for transit-oriented development incentives
• Council District: CD 14 - Kevin De Leon
• Walk Score: 93 (Walker’s Paradise)
• Transit Score: 100 (Rider’s Paradise)
This offering is an exceptional opportunity for investors or developers seeking a stable income-producing asset with future upside in one of Los Angeles’ most dynamic submarkets.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 14,657.00 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 14,657.00 AC |
1 LOT AVAILABLE
Lot
| Price | $4,152,506 CAD | Lot Size | 14,657.00 AC |
| Price Per AC | $283.31 CAD |
| Price | $4,152,506 CAD |
| Price Per AC | $283.31 CAD |
| Lot Size | 14,657.00 AC |
Prime 14,657 SF parking lot in Downtown Los Angeles. Hard corner location near the Garment District, major freeways, and public transit. Generates strong income with room for growth. Seller financing available.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $16,868 CAD | |
| Land Assessment | $6,901,358 CAD | Total Assessment | $6,918,226 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,901,358 CAD
Improvements Assessment
$16,868 CAD
Total Assessment
$6,918,226 CAD
ZONING
| Zoning Code | LA C2 (LA Commercial) |
| LA C2 (LA Commercial) |
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