This Land Property is no longer advertised on LoopNet.com.

417-419 S Alvarado St
Los Angeles, CA 90057

Build ±65 Units or ±69 Affordable Units · Land For Sale · 0.34 AC

Commercial Land California Los Angeles 417-419 S Alvarado St, Los Angeles, CA 90057

INVESTMENT HIGHLIGHTS

  • Opportunity Zone
  • 150 feet of frontage and 150 feet deep!
  • One Subway Stop to Downtown - or a 9 Minute Drive - Central to All!
  • Build ±97 Units or ±103 Affordable Units or purchase with the lot next door and Build ±128-137 Units
  • 6 Minute Walk to Metro Subway Station and 5 Minute Walk to MacArthur Park
  • Walker’s Paradise with Excellent Transit

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 0.34 AC

DESCRIPTION

REDUCED $345K! Partners CRE are proud to present for 3 contiguous lots with tremendous redevelopment potential in the up and coming MacArthur Park / Westlake Area. High visibility Alvarado St. just a block away from MacArthur Park and the Metro Station, this property is central to all be it by car, foot or public transportation! Develop the ±22,500 SF of C2-1, TOC TIER 3, Opportunity Zone Land into ±97 Units or ±103 Affordable Units. No Overlay Zones, No Historical Issues, No Specific Plan. The property currently has 7 tenants. The SFR is vacant and in demolition. Centrally located: 7 minute drive or 9 minute Metro ride to Downtown Los Angeles & 30 minute drive to Santa Monica. Alvarado Street is a major corridor with unparalleled visibility — will ensure speedy lease-up of units. This listing includes the following APNs: 5154-031-004, 5154-031-005 & 5154-031-006. Sellers are open to ANY type of offer, one, two or three parcels.

LINKS

PROPERTY TAXES

Parcel Number 5154-031-004 Improvements Assessment $53,060
Land Assessment $902,026 Total Assessment $955,086

ZONING

Zoning Code C2-1, TOC Tier 3
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  • Listing ID: 26639756

  • Date on Market: 9/15/2022

  • Last Updated:

  • Address: 417-419 S Alvarado St, Los Angeles, CA 90057

More public record information on 417-419 S Alvarado St, Los Angeles, CA 90057

The MacArthur Park Land Property at 417-419 S Alvarado St, Los Angeles, CA 90057 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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