Broadway/Hill/Main
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Broadway/Hill/Main
3 Land Properties in Los Angeles, CA
Investment Highlights
- Three entitled mixed-use residential sites with recorded tentative tract maps.
- A “Walker’s Paradise”. Outstanding Walk Scores of 93-to- 96 Out of 100.
- Adjacent to the announced LA Streetcar urban circulator.
- Located in a dynamic Downtown Los Angeles urban setting: Proximate to employment, entertainment, restaurants, and retail.
- Transit linkages to points throughout Greater Los Angeles.
Executive Summary
CBRE, Inc., as exclusive agent, is pleased to present for sale three entitled residential high-rise mixed-use development sites with the potential to build up to a combined 854 units and ±33,591 square feet of commercial space in vibrant Downtown Los Angeles, California. The entitlements are for 100% market-rate units, are not subject to the Affordable Housing Linkage Fee, and are not subject to Ballot Measure JJJ requirements. Located in the heart of DTLA at 957 South Broadway, 920 South Hill Street, and 601 South Main Street, the Properties boast “Walker’s Paradise” Walk Scores of 93-to-96 out of 100 and “Rider’s Paradise” Transit Scores of 100 out of 100. In recent years, the Historic Core and Downtown Los Angeles have benefited from transformational investment that has dramatically increased the residential population of Downtown and generated a rich array of restaurants, retail, and entertainment venues. The surrounding neighborhood is rich with a history dating to the early settlement and development of Los Angeles and features landmarks, architecturally notable buildings in the Beaux Arts and Classical Revival styles, grand hotels, and nationally recognized Broadway Historic Theater District theaters. 957 South Broadway, 920 South Hill Street, and 601 South Main Street can be acquired as a portfolio or individually. 957 South Broadway, 920 South Hill Street, and 601 South Main Street can be acquired as a portfolio or individually. The Properties are offered to the market on an UNPRICED basis.
Property Facts
Sale Type | Investment | Individually For Sale | 3 |
Status | Active | Total Land Area | 2.40 AC |
Number of Properties | 3 |
Sale Type | Investment |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 3 |
Total Land Area | 2.40 AC |
Properties
Property Name / Address | Property Type | Land AC | Land SF | Individual Price |
---|---|---|---|---|
957 S Broadway
943-957 S Broadway, Los Angeles, CA 90015 |
Land | 0.47 AC | 20,663 SF | - |
920 S Hill St.
920 S Hill St, Los Angeles, CA 90015 |
Land | 0.53 AC | 22,935 SF | - |
601 S Main St.
601-625 S Main St, Los Angeles, CA 90014 |
Land | 1.40 AC | 60,831 SF | - |
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