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Investment Highlights
- Prime South Park DTLA location
- Existing surface parking lot
- Walkable to major retail, dining, entertainment, and transit
- ±25,487 SF (0.59 AC) across two contiguous parcels
- Frontage and access from S. Olive St. and S. Grand Ave.
- Approved development entitlements
Executive Summary
The Property consists of two contiguous parcels located between S. Grand Avenue and S. Olive Street, immediately north of 9th Street. The site is currently improved with a surface parking lot and features frontage along both Grand Avenue and Olive Street with existing curb cuts providing dual points of vehicular access.
The Property is located adjacent to significant electrical infrastructure, including two 34.5 kV LADWP distribution circuits along S. Olive Street. Preliminary information indicates approximately 5.5 to 6.0 MW of available capacity on one circuit and more than 7.5 MW on the second. Available capacity is subject to LADWP review, engineering, and buyer due diligence.
Located in the South Park submarket of Downtown Los Angeles, the Property presents a flexible urban infill opportunity for owner-users, investors, or future redevelopment.
The Property is located adjacent to significant electrical infrastructure, including two 34.5 kV LADWP distribution circuits along S. Olive Street. Preliminary information indicates approximately 5.5 to 6.0 MW of available capacity on one circuit and more than 7.5 MW on the second. Available capacity is subject to LADWP review, engineering, and buyer due diligence.
Located in the South Park submarket of Downtown Los Angeles, the Property presents a flexible urban infill opportunity for owner-users, investors, or future redevelopment.
Property Facts
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Land Area | 0.59 AC |
| Number of Properties | 2 |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 0.59 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 845 S Olive St, Los Angeles, CA 90014 | Land | 0.36 AC | - |
|
Land Parcel
842 S Grand Ave, Los Angeles, CA 90017 |
Land | 0.22 AC | - |
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Olive & Grand
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