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Investment Highlights

  • Opportunity Zone - TOC
  • Adjacent to PSH award winning “Star Apartments” project
  • Adjacent to public parking structure

Executive Summary

3,200-Square-foot bus depot building on the corner of 6th & Wall St. Remaining land area is paved and utilized for bus parking. Driveway cuts on both Wall & Maple streets. The existing bus line business has less than 2 years remaining on their lease.

Property Facts

Price $9,239,636 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Subsidized
Total Lot Size 0.69 AC
Opportunity Zone Yes
Zoning LAR5 - Multiple Dwelling

1 Lot Available

Lot

Price $9,239,636 CAD
Price Per AC $13,416,053.56 CAD
Lot Size 0.69 AC

Approximate 30,000sf of land area. Land area is an asphalted vehicular parking & storage area. Perimeter fencing on both Maple Ave & Wall St. Underground gas tank on premises.

Description

A developable site for housing with favorable density. Flag shaped lot that has frontage on three streets.

Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5148-023-016
  • 5148-023-025
  • 5148-023-012
  • 5148-023-017
  • 5148-023-013
Land Assessment
$3,735,405 CAD
Improvements Assessment
$174,338 CAD
Total Assessment
$3,909,743 CAD
  • Listing ID: 22500204

  • Date on Market: 2021-03-17

  • Last Updated:

  • Address: 260 E 6th St, Los Angeles, CA 90014

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