Los Angeles City West Development Assemblage — Sale in Los Angeles, CA

  • Price: $4M
  • Listing type: For sale
  • Asset type: Business
  • Location: Los Angeles, CA 90017

Description

CBRE, Inc., as exclusive advisor to the Seller, is pleased to present the multi-lot sale of 1306, 1312 Linwood Ave., & 762 Columbia Ave. in the City West submarket of Downtown Los Angeles. Spanning a combined lot area of approximately ±19,026 square feet, the site is primarily zoned R5(CW), a high-density designation within the Central City West Specific Plan. This zoning, coupled with its eligibility for for TOC Tier 2 incentives along with CHIP, MIIP, AHIP, ED1 and various State/Local bonuses, allows for a significant increase in allowable density. The subject offering aligns with a separate offering for 1316 Linwood Ave., currently available with a total of ±18,720 square feet, bridging all three parcels between the subject lots. The total available assemblage spans approximately 37,746 square feet, nearly the entire north side of the city block, allowing for an immense high-visibility project across all six lots. Please contact the Listing Team for further information on the assemblage opportunity.

Market Context

This commercial property in Los Angeles, CA is listed for sale at $4,000,000. It has been on the market for 12 days. Compare it against other commercial property listings for sale in Los Angeles, CA — view the full market.

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