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Assemblage of Three Parcels 3 Properties Offered at $4,189,139 CAD in Los Angeles, CA
Investment Highlights
- Central Location – A short uber ride to Crypto.com Arena, Dodger Stadium, the Music Center, The Broad Museum, Echo Park, Chinatown, Little Tokyo
- Views – Stunning city light views of the Downtown Los Angeles skyline.
- Multi-family Zoning – Existing zoning allows high density multi-family communities.
- QCT – Site is within QCT designated areas that are sought after by affordable housing tax credit developers (Qualified Tracts Area per 2024 HUD map).
- Contiguous Parcels- A substantial plot of contiguous land, ideal for residential development projects
- TOC Tier 2 – City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. Tier to be verified with current transportation se
Executive Summary
Central Location – A short uber ride to Crypto.com Arena, Dodger Stadium, the Music Center, The Broad Museum, Echo Park, Chinatown, Little Tokyo
Views – Stunning city light views of the Downtown Los Angeles skyline.
Emerging Area – Within a few blocks of the site there are close to 500 new units across 7 new apartment communities and even more beyond that
immediate area.
Contiguous Parcels- A substantial plot of contiguous land, ideal for residential development projects
Multi-family Zoning – Existing zoning allows high density multi-family communities.
TOC Tier 2 – City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. Tier to be verified with current transportation
services.
QCT – Site is within QCT designated areas that are sought after by affordable housing tax credit developers (Qualified Tracts Area per 2024 HUD map).
Views – Stunning city light views of the Downtown Los Angeles skyline.
Emerging Area – Within a few blocks of the site there are close to 500 new units across 7 new apartment communities and even more beyond that
immediate area.
Contiguous Parcels- A substantial plot of contiguous land, ideal for residential development projects
Multi-family Zoning – Existing zoning allows high density multi-family communities.
TOC Tier 2 – City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. Tier to be verified with current transportation
services.
QCT – Site is within QCT designated areas that are sought after by affordable housing tax credit developers (Qualified Tracts Area per 2024 HUD map).
Taxes & Operating Expenses (Pro Forma - 2026) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$235,376
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$235,376
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$56,042
|
| Net Operating Income |
$179,334
|
Taxes & Operating Expenses (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $235,376 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $235,376 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $56,042 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $179,334 |
Property Facts
| Price | $4,189,139 CAD | Number of Properties | 3 |
| Price / SF | $780.97 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 5,364 SF |
| Sale Type | Investment | Total Land Area | 0.50 AC |
| Status | Active |
| Price | $4,189,139 CAD |
| Price / SF | $780.97 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 5,364 SF |
| Total Land Area | 0.50 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 311 Firmin st, Los Angeles, CA 90026 | Land | 0.17 AC | - | - |
| 1217 W Court St, Los Angeles, CA 90026 | Land | 0.17 AC | - | - |
| 1223 W Court St, Los Angeles, CA 90026 | Multifamily | 5,364 SF | 1962 | - |
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Assemblage of Three Parcels
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