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311 W Imperial Hwy 0.28 Acres of Commercial Land Offered at $1,797,250 CAD in Los Angeles, CA 90061
INVESTMENT HIGHLIGHTS
- Seller-Financing - favorable debt service
- Hard signalized corner at Imperial Hwy and I-110 fwy Off-ramp
- Zoning with multiple density bonuses
EXECUTIVE SUMMARY
Atlas is pleased to present 311 W Imperial Hwy, a prime 12,071 sq. ft. vacant lot offering a unique investment opportunity with attractive Seller Financing options. This arrangement enables developers or investors to acquire the property with minimal down payment and favorable debt service terms, supporting long-term development plans.
Zoned C2-1-CPIO, the property is versatile, permitting a range of commercial uses including multifamily (affordable housing), restaurants, retail shops, offices, and entertainment venues. Whether envisioned as-is for NNN, open storage or transforming it to realize a developer's vision, the possibilities are vast.
Additionally, the property is located within an Enterprise Zone, offering reduced parking requirements and enhanced Floor Area Ratio (FAR). It also benefits from a TOC Tier 3 designation, potentially allowing for a 70% increase in dwelling units and a 50% FAR boost, especially advantageous for affordable housing projects.
This is an exceptional opportunity with a low barrier to entry to capitalize on a strategically positioned lot in Los Angeles, ready to accommodate a wide array of development possibilities.
Zoned C2-1-CPIO, the property is versatile, permitting a range of commercial uses including multifamily (affordable housing), restaurants, retail shops, offices, and entertainment venues. Whether envisioned as-is for NNN, open storage or transforming it to realize a developer's vision, the possibilities are vast.
Additionally, the property is located within an Enterprise Zone, offering reduced parking requirements and enhanced Floor Area Ratio (FAR). It also benefits from a TOC Tier 3 designation, potentially allowing for a 70% increase in dwelling units and a 50% FAR boost, especially advantageous for affordable housing projects.
This is an exceptional opportunity with a low barrier to entry to capitalize on a strategically positioned lot in Los Angeles, ready to accommodate a wide array of development possibilities.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
1 LOT AVAILABLE
Lot 1
| Price | $1,797,250 CAD | Lot Size | 0.28 AC |
| Price Per AC | $6,416,458.65 CAD |
| Price | $1,797,250 CAD |
| Price Per AC | $6,416,458.65 CAD |
| Lot Size | 0.28 AC |
A high-visibility, hard-corner parcel of vacant land situated at the nexus of major transportation arteries. Located at the on/off ramps of the north and southbound I-110 Freeway, this property boasts unparalleled exposure to heavy traffic flows.
DESCRIPTION
Vacant lot comprised of 3 assembled parcels. Signalized on/off-ramp hard-corner frontage.
Transit Score®
Excellent Transit (71)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $81,215 CAD | Total Assessment | $81,215 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$81,215 CAD
Improvements Assessment
$0 CAD
Total Assessment
$81,215 CAD
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311 W Imperial Hwy
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