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810-812 S Mariposa Ave 0.5 Acres of Commercial Land in Los Angeles, CA 90006

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INVESTMENT HIGHLIGHTS

  • Prime location located at 810-812 S Mariposa Ave, adjacent to the prestigious H Hotel in Koreatown, one of Los Angeles’ most desirable markets
  • Spacious development spanning 69,750 SF on a 21,614 SF lot, with 7 stories above ground and 3 subterranean levels, maximizing space and value
  • Current site consists of a parking lot and a 4-unit apartment building with 4 month-to-month tenants
  • Fully entitled for a 5-star, 60-room luxury hotel and 20 upscale apartment units, offering premium living and high-end amenities
  • Premium amenities including a business center, hotel lobby, rooftop gardens, rooftop bar/restaurant, landscaped courtyard, pool areas, and stylish out

EXECUTIVE SUMMARY

H Apartment Hotel Development Opportunity, located at 810-812 S Mariposa Ave, is adjacent to H Hotel (at 3206 W 8th St), and offers the opportunity to acquire a fully entitled, mixed-use development site. These properties are available for purchase either separately or as a combined portfolio. The approved project plans include a luxury 5-star, 60-room hotel and 20 upscale apartment units. The development will span seven stories above ground, with an additional three levels below grade, totaling 69,750 square feet on a 21,614 square-foot lot. The project will feature a range of high-end amenities, including a business center, hotel lobby, rooftop gardens, courtyard, pool areas, restaurants with one on the rooftop, and outdoor dining spaces—designed to create a luxurious atmosphere for both hotel guests and residents. Currently, the site consists of a parking lot and a four-unit apartment building with 4 MTM tenants. This project provides a prime opportunity for development in one of the Los Angeles’ most sought-after neighborhoods.
Located in Koreatown, a rapidly growing, vibrant neighborhood renowned for its diverse cultural scene, dynamic nightlife, and wide array of dining and entertainment options. The properties are just one block from Wilshire Boulevard and are within walking distance to critically acclaimed restaurants, trendy bars, shops, and entertainment venues. Additionally, the hotel is a short 9-minute walk from the Wilshire/Normandie Purple Line Metro Station, which is currently being expanded and set to connect Koreatown with Miracle Mile, Beverly Hills, Westwood, and West Los Angeles by 2026. With easy access to major freeways (10, 101, and 110), these properties offer excellent connectivity to key employment centers and popular destinations in Downtown Los Angeles, Hollywood, West Hollywood, and Beverly Hills.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Hospitality
  • Apartment Units
  • Hotel
Total Lot Size 0.50 AC
Zoning LAR4 - Residential

1 LOT AVAILABLE

Lot

Lot Size 0.50 AC

Fully-entitled, mixed-use development with approved plans for a luxury hotel & upscale apartment units, meticulously designed to create a luxurious environment for both guests & residents.

Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5094-017-009
  • 5094-017-008
  • 5094-017-007
Land Assessment
$9,515,823 CAD
Improvements Assessment
$722,005 CAD
Total Assessment
$10,237,827 CAD
  • Listing ID: 34096870

  • Date on Market: 2024-12-05

  • Last Updated:

  • Address: 810-812 S Mariposa Ave, Los Angeles, CA 90006

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