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Land — 1247 W 7th, Los Angeles, CA

$17,500,000

1247 W 7th, Los Angeles, CA

$17,500,000 — 1247 W 7th, Los Angeles, CA — photo 1 $17,500,000 — 1247 W 7th, Los Angeles, CA — photo 2 $17,500,000 — 1247 W 7th, Los Angeles, CA — photo 3 $17,500,000 — 1247 W 7th, Los Angeles, CA — photo 4 $17,500,000 — 1247 W 7th, Los Angeles, CA — photo 5
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About this property

Exceptional DTLA Development Opportunity! Rare offering of two contiguous parcels totaling approximately 45,041 square feet in the highly sought-after Central City West / Westlake area of Downtown Los Angeles. APNs: 5143-020-013 and 5143-020-020. Located in one of Los Angeles' fastest-growing urban neighborhoods, this premier site offers tremendous potential for future mixed-use or residential redevelopment. The property previously underwent an extensive planning and design process, and conceptual plans for a high-rise mixed-use residential project are available for review. While prior approvals have expired, the existing studies and plans may provide valuable insight for developers pursuing a new entitlement process. Ideally situated near LA Live, Crypto.com Arena, the Financial District, major employment centers, dining, entertainment, and public transportation, the location boasts a Walk Score of 93 ("Walker's Paradise") and Transit Score of 95 ("Rider's Paradise"). Surrounded by ongoing redevelopment and new construction, this is a unique opportunity to secure a sizeable development site in the heart of DTLA.

Property details

Property type
Land

Location

1247 W 7th • Los Angeles, CA 90017

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Listed by

Yang Tang · Harvest Realty Development

Listing courtesy of Harvest Realty Development. Information deemed reliable but not guaranteed.

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