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1125 W 6th St 1.21 Acres of Commercial Land Offered at $20,171,045 CAD in Los Angeles, CA 90017
INVESTMENT HIGHLIGHTS
- Prime affordable housing development opportunity.
- Flexible development potential.
- North Site at 1330 W 5th Street is also available for sale.
- RTI for 227 Market Rate Units & 13,000 sf of reatil.
- Site has been demolished.
- Seller financing and broker cooperation available.
EXECUTIVE SUMMARY
Kidder Mathews is pleased to present the opportunity to acquire 1111-1125 W 6th Street, a prime affordable housing development site located in the heart of Los Angeles.
Encompassing a ±52,668 square foot (1.21 acre) lot, this centrally located property presents a rare opportunity for developers to deliver much-needed affordable or supportive housing in one of the city’s highest-demand areas.
Ownership recently demolished the previously existing medical office buildings— saving a future developer an estimated $1.5 million and 6–9 months. Class-A market-rate multifamily development totaling approximately 168,335 square feet, including 13,000 square feet of ground floor retail. However, it also offers significant potential to be repositioned for affordable or senior housing (buyer to verify).
Ideally located on the edge of the Downtown Los Angeles Central Business District, the property provides immediate access to major freeways, public transportation, healthcare facilities, and employment hubs—an ideal setting for future residents seeking accessibility and urban connectivity.
With entitlements in place, existing infrastructure, and flexible redevelopment potential, 1111–1125 W 6th Street presents a compelling opportunity to address the city’s urgent housing needs through either market-rate or mission-driven development.
North site at 1330 W 5th St is also available for sale. A developer can use the parking garage on the North site, eliminating the two levels of subterranean parking—saving millions of dollars and ±9 months of construction time. Contact brokers for additional information.
Encompassing a ±52,668 square foot (1.21 acre) lot, this centrally located property presents a rare opportunity for developers to deliver much-needed affordable or supportive housing in one of the city’s highest-demand areas.
Ownership recently demolished the previously existing medical office buildings— saving a future developer an estimated $1.5 million and 6–9 months. Class-A market-rate multifamily development totaling approximately 168,335 square feet, including 13,000 square feet of ground floor retail. However, it also offers significant potential to be repositioned for affordable or senior housing (buyer to verify).
Ideally located on the edge of the Downtown Los Angeles Central Business District, the property provides immediate access to major freeways, public transportation, healthcare facilities, and employment hubs—an ideal setting for future residents seeking accessibility and urban connectivity.
With entitlements in place, existing infrastructure, and flexible redevelopment potential, 1111–1125 W 6th Street presents a compelling opportunity to address the city’s urgent housing needs through either market-rate or mission-driven development.
North site at 1330 W 5th St is also available for sale. A developer can use the parking garage on the North site, eliminating the two levels of subterranean parking—saving millions of dollars and ±9 months of construction time. Contact brokers for additional information.
PROPERTY FACTS
| Price | $20,171,045 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 1.21 AC |
| Zoning | LACW | ||
| Price | $20,171,045 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.21 AC |
| Zoning | LACW |
1 LOT AVAILABLE
Lot
| Price | $20,171,045 CAD | Lot Size | 1.21 AC |
| Price Per AC | $16,682,817.55 CAD |
| Price | $20,171,045 CAD |
| Price Per AC | $16,682,817.55 CAD |
| Lot Size | 1.21 AC |
Prime Affordable Housing Development Opportunity on a ±52,668 SF (1.21 AC) Lot or Ready-to-Issue (RTI) Mixed-Use Development in the Heart of Los Angeles
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Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 5152-001-014 | Improvements Assessment | $6,723,060 CAD |
| Land Assessment | $9,076,137 CAD | Total Assessment | $15,799,197 CAD |
PROPERTY TAXES
Parcel Number
5152-001-014
Land Assessment
$9,076,137 CAD
Improvements Assessment
$6,723,060 CAD
Total Assessment
$15,799,197 CAD
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1125 W 6th St
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