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FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime affordable housing development opportunity.
- Flexible development potential.
- North Site at 1330 W 5th Street is also available for sale.
- RTI for 227 Market Rate Units & 13,000 sf of reatil.
- Site has been demolished.
- Seller financing and broker cooperation available.
RÉSUMÉ DE L'ANNONCE
Kidder Mathews is pleased to present the opportunity to acquire 1111-1125 W 6th Street, a prime affordable housing development site located in the heart of Los Angeles.
Encompassing a ±52,668 square foot (1.21 acre) lot, this centrally located property presents a rare opportunity for developers to deliver much-needed affordable or supportive housing in one of the city’s highest-demand areas.
Ownership recently demolished the previously existing medical office buildings— saving a future developer an estimated $1.5 million and 6–9 months. Class-A market-rate multifamily development totaling approximately 168,335 square feet, including 13,000 square feet of ground floor retail. However, it also offers significant potential to be repositioned for affordable or senior housing (buyer to verify).
Ideally located on the edge of the Downtown Los Angeles Central Business District, the property provides immediate access to major freeways, public transportation, healthcare facilities, and employment hubs—an ideal setting for future residents seeking accessibility and urban connectivity.
With entitlements in place, existing infrastructure, and flexible redevelopment potential, 1111–1125 W 6th Street presents a compelling opportunity to address the city’s urgent housing needs through either market-rate or mission-driven development.
North site at 1330 W 5th St is also available for sale. A developer can use the parking garage on the North site, eliminating the two levels of subterranean parking—saving millions of dollars and ±9 months of construction time. Contact brokers for additional information.
Encompassing a ±52,668 square foot (1.21 acre) lot, this centrally located property presents a rare opportunity for developers to deliver much-needed affordable or supportive housing in one of the city’s highest-demand areas.
Ownership recently demolished the previously existing medical office buildings— saving a future developer an estimated $1.5 million and 6–9 months. Class-A market-rate multifamily development totaling approximately 168,335 square feet, including 13,000 square feet of ground floor retail. However, it also offers significant potential to be repositioned for affordable or senior housing (buyer to verify).
Ideally located on the edge of the Downtown Los Angeles Central Business District, the property provides immediate access to major freeways, public transportation, healthcare facilities, and employment hubs—an ideal setting for future residents seeking accessibility and urban connectivity.
With entitlements in place, existing infrastructure, and flexible redevelopment potential, 1111–1125 W 6th Street presents a compelling opportunity to address the city’s urgent housing needs through either market-rate or mission-driven development.
North site at 1330 W 5th St is also available for sale. A developer can use the parking garage on the North site, eliminating the two levels of subterranean parking—saving millions of dollars and ±9 months of construction time. Contact brokers for additional information.
FAITS SUR LA PROPRIÉTÉ
| Prix | 19 926 262 $ CAD | Type de propriété | Terrain |
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Condition de vente | Projet de redéveloppement | Utilisation proposée | Unités d’appartements |
| Nombre de lots | 1 | Taille totale du lot | 1,21 AC |
| Zonage | LACW | ||
| Prix | 19 926 262 $ CAD |
| Type de vente | Investissement |
| Condition de vente | Projet de redéveloppement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Unités d’appartements |
| Taille totale du lot | 1,21 AC |
| Zonage | LACW |
1 LOT DISPONIBLE
Lot
| Prix | 19 926 262 $ CAD | Taille du lot | 1,21 AC |
| Prix par AC | 16 480 365,49 $ CAD |
| Prix | 19 926 262 $ CAD |
| Prix par AC | 16 480 365,49 $ CAD |
| Taille du lot | 1,21 AC |
Prime Affordable Housing Development Opportunity on a ±52,668 SF (1.21 AC) Lot or Ready-to-Issue (RTI) Mixed-Use Development in the Heart of Los Angeles
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Walk Score®
Un paradis pour un marcheur (95)
Transit Score®
Un paradis pour conducteur (100)
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1125 W 6th St
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