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INVESTMENT HIGHLIGHTS
- Prime affordable housing development opportunity.
- Improved site with existing parking structure.
- Centrally located between major economic drivers.
- Existing Entitlements & RTI progress.
- Seller Financing & broker cooperation available.
- Transit oriented and highly accessible.
EXECUTIVE SUMMARY
Kidder Mathews is pleased to present the opportunity to acquire 1330 W 5th Street, a prime affordable housing development site located in the heart of Los Angeles.
Situated on a ±30,971 square foot lot, the property presents a rare opportunity for developers to bring much-needed affordable or supportive housing to one of Los Angeles’ most centrally located and high-demand communities.
The property is currently improved with a 3-level parking structure totaling 319 spaces. While the site is currently entitled and nearing RTI for a 142-unit market-rate multifamily project with a combined 114,052 square feet of buildable area, it offers compelling potential to reposition the development for affordable or senior housing (buyer to verify).
Positioned on the edge of the Central Business District, the site benefits from immediate access to public transit, employment centers, healthcare facilities, and major freeways—making it ideal for future residents seeking convenience and connectivity.
With substantial predevelopment work completed and flexible redevelopment potential, 1330 W. 5th Street offers a timely opportunity to address Los Angeles' growing housing needs while leveraging existing approvals and infrastructure.
Situated on a ±30,971 square foot lot, the property presents a rare opportunity for developers to bring much-needed affordable or supportive housing to one of Los Angeles’ most centrally located and high-demand communities.
The property is currently improved with a 3-level parking structure totaling 319 spaces. While the site is currently entitled and nearing RTI for a 142-unit market-rate multifamily project with a combined 114,052 square feet of buildable area, it offers compelling potential to reposition the development for affordable or senior housing (buyer to verify).
Positioned on the edge of the Central Business District, the site benefits from immediate access to public transit, employment centers, healthcare facilities, and major freeways—making it ideal for future residents seeking convenience and connectivity.
With substantial predevelopment work completed and flexible redevelopment potential, 1330 W. 5th Street offers a timely opportunity to address Los Angeles' growing housing needs while leveraging existing approvals and infrastructure.
PROPERTY FACTS
| Price | $8,305,724 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.71 AC |
| Zoning | LACW | ||
| Price | $8,305,724 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.71 AC |
| Zoning | LACW |
1 LOT AVAILABLE
Lot
| Price | $8,305,724 CAD | Lot Size | 0.71 AC |
| Price Per AC | $11,681,815.69 CAD |
| Price | $8,305,724 CAD |
| Price Per AC | $11,681,815.69 CAD |
| Lot Size | 0.71 AC |
Prime Affordable Housing Development Opportunity on a ±30,971 SF Lot 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 | 5152-001-021 | Improvements Assessment | $2,571,568 CAD |
| Land Assessment | $7,714,717 CAD | Total Assessment | $10,286,284 CAD |
PROPERTY TAXES
Parcel Number
5152-001-021
Land Assessment
$7,714,717 CAD
Improvements Assessment
$2,571,568 CAD
Total Assessment
$10,286,284 CAD
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