920 S Hill St - 920 S Hill St.
0.53 Acres of Residential Land in Los Angeles, CA 90015
INVESTMENT HIGHLIGHTS
- Multifamily Mixed-Use Development Site
- All Market Rate – No Affordable Required – No Linkage Fee
- In-Place Month-to-Month Parking Revenue
- Can be delivered “Ready to Issue”
- Approved Vesting Tentative Tract Map
- “Walker’s Paradise” Walk Score of 96 out of 100, “Rider's Paradise” Bike Score 90 out of 100, and Transit Score of 100 out of 100
EXECUTIVE SUMMARY
CBRE, Inc., as exclusive agent, is pleased to present for sale a residential mixed-use development site with entitlements to build 239 units and 5,671 square feet of commercial space in vibrant Downtown Los Angeles, California. The project has an approved vesting tentative tract map and is comprised of 32 stories. 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. The project can be delivered “Ready to Issue.” Located in the heart of DTLA at 920 S. Hill Street, the Property boasts “Walker’s Paradise” Walk Score of 96 out of 100, “Rider's Paradise” Bike Score 90 out of 100, and Transit Score of 100 out
of 100. This property is offered to the market on an UNPRICED basis.
of 100. This property is offered to the market on an UNPRICED basis.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 0.53 AC |
DESCRIPTION
Project description 32-story 239-unit residential building with 5,671 square feet of commercial space; one level of subterranean parking and six levels of above grade parking. Approved vesting tentative tract map.
1 of 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $12,064 | |
| Land Assessment | $7,835,257 | Total Assessment | $7,847,321 |
ZONING
| Zoning Code | [Q] R5-4D (Multiple Dwelling) |
