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1600 S Figueroa St
Los Angeles, CA 90015
Land For Sale
·
1.50 AC
Investment Highlights
- Prime downtown location at Figueroa Street and Venice Boulevard, minutes from LA LIVE and Convention Center.
- Existing zoning and licensing suitable for automotive and retail uses, reducing lead time on project execution.
- Designated Opportunity Zone, providing potential tax benefits to investors and developers.
- ±19,458 SF building on ±1.5-acre lot offering expansive operational footprint.
- Direct adjacency to major auto dealership reinforcing high-traffic automotive corridor.
- Exceptional public transit access and strong walkability scores create development and adaptive-use flexibility.
Executive Summary
1600 South Figueroa Street represents a high-exposure ownership opportunity in the core of Downtown Los Angeles. Positioned at the signalized intersection of Figueroa Street and Venice Boulevard, this property offers frontage and visibility in a transit-rich corridor just blocks from Crypto.com Arena, LA LIVE, and the Convention Center, ensuring consistent traffic flow and proximity to a vibrant entertainment and commercial hub.
The ±19,458 square-foot single-story structure is situated on a ±1.5-acre site, previously utilized as an auto dealership, with zoning and licensing in place for automotive operations. The parcel benefits from substantial street frontage, direct access to major arterials, and proximity to public transit nodes, reinforcing its suitability for both retail and automotive uses. Adjacent to Ford’s Downtown LA dealership, the property leverages an established retail auto cluster.
Located within an Opportunity Zone, this property presents potential tax incentive advantages to qualifying investors, adding financial appeal to its strategic location and adaptable footprint. Ideal for owner-users seeking a branded metro presence or developers planning redevelopment in a growing urban environment, this asset blends accessibility, visibility, and operational readiness.
The ±19,458 square-foot single-story structure is situated on a ±1.5-acre site, previously utilized as an auto dealership, with zoning and licensing in place for automotive operations. The parcel benefits from substantial street frontage, direct access to major arterials, and proximity to public transit nodes, reinforcing its suitability for both retail and automotive uses. Adjacent to Ford’s Downtown LA dealership, the property leverages an established retail auto cluster.
Located within an Opportunity Zone, this property presents potential tax incentive advantages to qualifying investors, adding financial appeal to its strategic location and adaptable footprint. Ideal for owner-users seeking a branded metro presence or developers planning redevelopment in a growing urban environment, this asset blends accessibility, visibility, and operational readiness.
Property Facts
1 Lot Available
Lot
| Lot Size | 1.50 AC |
| Lot Size | 1.50 AC |
Situated just a few blocks from the Crypto.com Arena, LA Live, and the Los Angeles Convention Center, this prime property at the intersection of Figueroa Street and Venice Boulevard.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,771,614 CAD | |
| Land Assessment | $48,275,568 CAD | Total Assessment | $50,047,182 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$48,275,568 CAD
Improvements Assessment
$1,771,614 CAD
Total Assessment
$50,047,182 CAD
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