Investors and developers we are happy to present an incredible opportunity to acquire approximately .62 acres in a Downtown LA area experiencing rapid development and revitalization. These parcels are Located within an Opportunity Zone, providing additional advantages to the development project. These four contiguous parcels are on the prime signalized intersection of Pico and Normandie. Pico and Normandie are both high traffic streets (both pedestrian and automobile) with access to the site on both Pico and Normandie. Public transportation is literally steps away to Access Downtown Los Angeles: home of LA Live, Crypto Arena and the convention center. China Town, Pico Union, Korea town and the USC Campus are literally minutes away. Close proximity to the 10 and 110 freeways add value to this collection of parcels.
MLS# | DW25041701 |
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Listing Type | For Sale |
Style | Other Business Opportunity |
Sub-Type | Resale |
Status | Active |
Year | 1948 |
Days On Site | 52 |
Listing Provided By | Worthy Properties 562-659-2245 | Jeff Worthy |
SQ Feet | 8,670 |
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Story(s) | 1 |
Building(s) | 2 |
Acreage | 0.62 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90006 |
Area | 699 Not Defined |
Listing VS Median (In 90006) | |
Price: $5,200,000 low | high Med: $1,039,950 SqFt: 8,670 low | high Med: 2,122 $ / SqFt: $600 low | high Med: $553 On site: 52 low | high Med: 76.500000 |