Flower Street Assemblage

CBRE is pleased to present the opportunity to acquire Flower Street Assemblage in the heart of vibrant Downtown Los Angeles, California. Located near L.A. Live/Crypto Arena, the Los Angeles Convention Center, and Dignity Health California Hospital, the offering consists of four parcels totaling ±38,612 square feet of land at 1334-1358 S. Flower Street, between Pico and Venice Boulevards.
• Industrial Owner-User, or Development Potential
• Potential for Interim Parking Revenue
• Access and Visibility: ±256 Feet of Frontage along Flower Street
• Transit Oriented Community (TOC) Tier 4
• Unlimited Density and Unlimited Height District
• Located in a Qualified Opportunity Zone
The Property boasts a Transit Score of 100 out of 100 – a “Rider’s Paradise” – with world-class public transportation. The Walk Score® is 92 – a “Walker’s Paradise.
Just two blocks from the Flower Street Assemblage, the L.A. Live/Crypto Arena is an unmatched sports and live entertainment hub hosting more than 20 million guests and 500 events annually. Also two blocks away, the Los Angeles, Convention Center is one of the largest convention centers in the United States, attracting millions of visitors annually. It will serve as a host sports venue during the 2028 Summer Olympics. Dignity Health, located one block away from the Assemblage, is in process of completing a $215 million medical campus expansion.
Downtown Los Angeles is the nexus of the Los Angeles passenger rail and subway systems; the Expo Line Flower/Pico platform is a
three-minute walk from the Property.
The Flower Street Assemblage has multifamily redevelopment potential with unlimited density and unlimited height. Existing improvements consist of ±42,105 square feet of industrial space that could be operated as an income producing investment or serve as an owner-user property. Alternatively, the current improvements could be razed for the property to potentially generate interim parking revenue.