Towne Avenue & 5th Street 3 Industrial Properties in Los Angeles, CA
INVESTMENT HIGHLIGHTS
- Opportunity Zone
- Greater Downtown Incentive Area
- No Density Limitations
- Generational Redevelopment Opportunity
EXECUTIVE SUMMARY
EOP Realty is pleased to present this exceptional multi-parcel investment opportunity ideally suited for development or an owner/user. Currently, the property has approximately 26,000 square feet of building(s) on approximately 36,000 square feet of land. Located in Downtown Los Angeles, this prime, hard-corner location at 5th Street and Towne Avenue has almost no density limitations. Additionally, the property is situated within the Downtown Housing Incentive Area, providing an investor with a rare opportunity to benefit from the supporting housing initiatives, thereby offering a nearly 100% affordable housing project opportunity. An owner/user could take advantage of the 12,000 square feet of existing cold storage while using or leasing out the contiguous warehouse buildings to offset costs.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 432-440 S Towne Ave, Los Angeles, CA 90013 | Industrial | 11,440 SF | 1914 | - |
| 441 Stanford Ave, Los Angeles, CA 90013 | Industrial | 5,451 SF | 1958 | $3,335,832 CAD |
| 446 S Towne Ave, Los Angeles, CA 90013 | Industrial | 8,876 SF | 1983 | - |
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