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1327 W 12th St
Los Angeles, CA 90015

Land For Sale · 1.57 AC

Investment Highlights

  • Situated in the heart of downtown Los Angeles, the lots offer a highly coveted location ED1 Eligible
  • Turnkey parking business, historically operated as parking lots.
  • Located where the 10 and 110 freeways converge to offer unparalleled visibility from two of the highest traffic count in the state.
  • Excellent accessibility to major transportation routes, public amenities, and business hubs.
  • Multiple possibilities for future developments with a city eager to green light projects to prepare to host the 2028 Olympics.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Condo
  • Apartment Units - Subsidized
  • Parking Lot
  • Warehouse
Total Lot Size 1.57 AC

Description

This 1.58 acre parking lot is asphalt-pave and located in Downtown Los Angeles with all utilities to site. The parking lot is also zoned CM and features 126 feet of frontage on Blaine Street, 304 feet on 11th Place and 121 feet on South Albany Street. ED-1 Eligible

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5137-023-001
  • 5137-022-017
  • 5137-023-003
  • 5137-023-008
  • 5137-023-007
  • 5137-023-009
Land Assessment
$12,869,746
Improvements Assessment
$0
Total Assessment
$12,869,746

zoning

Zoning Code CM, Los Angeles (CM-1-O Commercial Manufacturing)
CM, Los Angeles (CM-1-O Commercial Manufacturing)
  • Listing ID: 28669549

  • Date on Market: 6/5/2023

  • Last Updated:

  • Address: 1327 W 12th St, Los Angeles, CA 90015

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