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1401-1421 S Main St
Los Angeles, CA 90015

Land For Sale · 0.85 AC

Investment Highlights

  • 0.85 AC block to block development site
  • Assemblage of 5 Parcels Zoned C2
  • State Density Bonus Available
  • Located at 14th & Main in the Fashion District
  • Transit Oriented Communities Tier 3
  • Designated Qualified Opportunity Zone

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units
Total Lot Size 0.85 AC

Description

There are currently four commercial properties on the site totaling 28,185 SF and generating approximately $571,428/year in gross income. The site may take advantage of the state density bonus or the Transit Orient Communities Tier 3 designation to achieve maximum density, estimated up to 128 units. The site lies within the Qualified Opportunity Zone, presenting additional tax advantages to investors.

PROPERTY TAXES

zoning

Zoning Code LAC2
  • Listing ID: 17600376

  • Date on Market: 2019-10-31

  • Last Updated:

  • Address: 1401-1421 S Main St, Los Angeles, CA 90015