1337 W 11th
Los Angeles, CA 90015
$16,000,000
- 0.86 acres
Listed by Keller Williams Realty · MLS #PW26115024
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1337 W 11th, Los Angeles, CA 90015 · MLS #PW26115024
A FEW THINGS TO NOTICE
What stands out.
Property size
0.86 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
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1313–1337 W. 11th Place, Los Angeles, California 90015, a six-parcel land assemblage totaling approximately 68,707 square feet, or 1.57 acres with CMO1 zoning. The offering consists of two sites positioned across W. 11th Place, with corner locations and frontage along three streets.
The property is paved, fenced and currently configured as an established surface parking operation with approximately 280 parking spaces. Its existing configuration may provide a buyer with the opportunity to continue operating public parking while evaluating longer-term plans for the property.
The site may also appeal to parking operators, EV-charging companies, fleet-charging operators and investors seeking a potential electric-vehicle charging parking facility in Los Angeles. Any EV-charging conversion would be subject to the buyer’s confirmation of electrical-service capacity, utility requirements, permitting, site design and governmental approvals.
For developers, the assembled parcels provide a substantial infill land opportunity near Downtown Los Angeles. Property marketing materials identify the zoning as Commercial Manufacturing and describe potential commercial, mixed-use and housing development possibilities. Buyers should independently verify zoning, allowable uses, development density, overlays, entitlements and applicable land-use regulations with the City of Los Angeles.
The property offers convenient access to the 110 Freeway near its convergence with the 10 Freeway and is located near major Downtown Los Angeles destinations, including Crypto.com Arena, L.A. LIVE and the Los Angeles Convention Center. These location characteristics may support continued event parking, commuter parking, EV charging or future redevelopment.
This offering provides multiple potential acquisition strategies:
Continue the existing surface parking use
Evaluate public or event-parking operations
Explore an EV-charging or fleet-charging facility
Hold the land for future redevelopment
Pursue a commercial, mixed-use or housing development concept
All proposed uses, improvements and development plans are subject to zoning, permits, entitlements, utility availability and governmental approval. Prospective buyers should independently verify all property information and conduct their own due diligence. The sale is subject to bankruptcy court approval.
THE NEIGHBORHOOD
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1337 W 11th, Los Angeles, CA 90015
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THE DETAILS
The details, all in one place.
- Property type
- Land
- Category
- Land
- Utilities
- None,WaterNotAvailable
- Fencing
- WroughtIron
- Zoning
- CM
- Parcel
- 5137022017
- HOA fee
- $0.00
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
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$200,000
$250,000
$1,050,000Listing information
MLS #PW26115024 · California Regional MLS
Listing brokerage: Keller Williams Realty
Listing agent: Patrick Sharples
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.