West Adams Development Site — Sale in Los Angeles, CA

• Price: $4M
• Listing type: For sale
• Asset type: Business
• Location: Los Angeles, CA 90018

Description

±.488-acre development site across four lots at the corner of W. Jefferson Blvd. and 8th Ave. In May, 2024 ownership submitted for entitlement of a market rate ±70-unit (+ 5 ADUs), 70,675 square-foot, 6-story mixed-use residential project. The approximately 170’ x 125’ site is located within a 2024 Qualified Census Tract (QCT) and is ED1 eligible for potential affordable housing incentives. The submitted project contemplates type III-A construction over a type IA podium with no subterranean parking.

Market Context

This commercial property in Los Angeles, CA is listed for sale at $3,995,000. 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.

Contact

• Adam Peterson · 13105502592 · adam.peterson@cbre.com

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