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11680 Wilshire Blvd 0.17 Acres of Commercial Land in Los Angeles, CA 90025
INVESTMENT HIGHLIGHTS
- One of the Premier Multifamily Development Sites in the Western United States
- ±240 Units “by right” under CHIP Ordinance
- Prominent, highly visible corner parcel offering brand identity
- Unlimited Height by right
- Suitable For Residential, Senior Housing / Senior Care, Hospitality, Office and Retail
- Strong multifamily demand drivers in a supply constrained submarket
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.17 AC |
| Property Type | Land | ||
| Zoning | {Q}C2-2-CDO General Comm - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.17 AC |
| Zoning | {Q}C2-2-CDO General Comm - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses |
1 LOT AVAILABLE
Lot
| Lot Size | 0.17 AC |
| Lot Size | 0.17 AC |
DESCRIPTION
CBRE, as exclusive advisor, is pleased to offer a premier development site located at the southeast corner of Wilshire Boulevard and Barrington Avenue in the desirable Brentwood submarket. 11680 Wilshire Boulevard has no height restriction by right, and was recently significantly upzoned as part of the new Los Angeles Citywide Housing Incentive Program Ordinance (“the CHIP Ordinance”) allowing for the development of upwards of 240 units.
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Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 4263-011-036 | Improvements Assessment | $0 CAD |
| Land Assessment | $12,704,967 CAD | Total Assessment | $12,704,967 CAD |
PROPERTY TAXES
Parcel Number
4263-011-036
Land Assessment
$12,704,967 CAD
Improvements Assessment
$0 CAD
Total Assessment
$12,704,967 CAD
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11680 Wilshire Blvd
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