1217 Court St, Los Angeles, CA 90026
0.17 Acres of Commercial Land Offered at $700,000 USD in Los Angeles, CA 90026
For Sale
Active
22 pictures
Asking Price $700,000
- Property Type
-
Land
- Square Feet
- 7,405 SF
Listing Contacts
Roger Phillips
James Maceo
Ellen Golla
Property Overview
Emerging Area Opportunity – 7,241 SF Zoned Parcel for Sale!
This prime 7,241 SF parcel, zoned R4 (CW), is located in the vibrant Westlake neighborhood of Los Angeles, just west of Downtown. Over the past five years, the area has experienced significant revitalization, with hundreds of new residential units constructed within a few blocks of the property. The residentially dense R4 zoning offers numerous development possibilities. At $96.67 per SF of land, this site presents a valuable investment opportunity. The parcel can be sold individually or combined with the adjacent APNs/Addresses: 5160-022-034, -035, -036 (1217 W Court St, 1223 W Court St, 311 Firmin St). Buyer to verify information and square footage.
This prime 7,241 SF parcel, zoned R4 (CW), is located in the vibrant Westlake neighborhood of Los Angeles, just west of Downtown. Over the past five years, the area has experienced significant revitalization, with hundreds of new residential units constructed within a few blocks of the property. The residentially dense R4 zoning offers numerous development possibilities. At $96.67 per SF of land, this site presents a valuable investment opportunity. The parcel can be sold individually or combined with the adjacent APNs/Addresses: 5160-022-034, -035, -036 (1217 W Court St, 1223 W Court St, 311 Firmin St). Buyer to verify information and square footage.
Property Details
- Property Subtype
- Commercial
Highlights
- Central Location – A short uber ride to Crypto.com Arena, Dodger Stadium, the Music Center, The Broad Museum, Echo Park, Chinatown, Little Tokyo
- Views – Stunning city light views of the Downtown Los Angeles skyline.
- Emerging Area – Within a few blocks of the site there are close to 500 new units across 7 new apartment communities and even more beyond that immediat
- Can be sold with Contiguous Parcels- A substantial plot of contiguous land, ideal for residential development projects
- Multi-family Zoning – Existing zoning allows high density multi-family communities.
- TOC Tier 2 – City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. Tier to be verified with current transportation se
All available spaces
- Space
- Lot 1
- Size
- 7,405 SF
- Price
- $700,000
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