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233 W Washington Blvd - Grand Metropolitan Lot • Résidentiel • 0,81 Acres • 16 389 989 $ CAD • Los Angeles, CA 90015
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Located in a Tier 4 TOC zone with potential for 316 units
- No linkage fees and situated in an Opportunity Zone
- Walking distance to USC, Staples Center, and Union Station
- Directly across from Metro Blue Line Grand/LATTC Station
- Surrounded by major developments including SoLa Village
- Strong demographics: 80% college-educated, $99,900 median income
RÉSUMÉ DE L'ANNONCE
CBRE’s Urban Group presents a rare opportunity to acquire a prime development site at 233 W. Washington Boulevard, located in the heart of Downtown Los Angeles. This 34,927 SF corner parcel offers exceptional visibility and accessibility, directly across from the Metro Blue Line Grand/LATTC Station and adjacent to Los Angeles Trade-Tech College. The site benefits from its strategic location near the I-10 freeway, USC, and the rapidly evolving South LA corridor.
Previously entitled for a mixed-use development featuring 160 residential units and 23,770 SF of retail, the site is zoned (T)(Q)C2-2D O-CPIO and falls within a Tier 4 TOC zone, allowing for increased density and reduced parking requirements. Developers can re-entitle the site for up to 316 units under the TOC ordinance, with no linkage fees required. The parcel is situated in an Opportunity Zone, offering significant tax advantages for long-term investors.
Surrounded by transformative projects like the $1 billion SoLa Village development and within walking distance to cultural landmarks such as Staples Center, Union Station, and the Arts District, this site is ideally positioned to capitalize on Downtown LA’s urban renaissance. With over $21 billion invested in the area since 2005 and a growing population of affluent, educated residents, the demand for housing and retail continues to surge.
This offering represents a compelling opportunity for developers seeking scale, location, and upside in one of LA’s most dynamic submarkets.
Previously entitled for a mixed-use development featuring 160 residential units and 23,770 SF of retail, the site is zoned (T)(Q)C2-2D O-CPIO and falls within a Tier 4 TOC zone, allowing for increased density and reduced parking requirements. Developers can re-entitle the site for up to 316 units under the TOC ordinance, with no linkage fees required. The parcel is situated in an Opportunity Zone, offering significant tax advantages for long-term investors.
Surrounded by transformative projects like the $1 billion SoLa Village development and within walking distance to cultural landmarks such as Staples Center, Union Station, and the Arts District, this site is ideally positioned to capitalize on Downtown LA’s urban renaissance. With over $21 billion invested in the area since 2005 and a growing population of affluent, educated residents, the demand for housing and retail continues to surge.
This offering represents a compelling opportunity for developers seeking scale, location, and upside in one of LA’s most dynamic submarkets.
FAITS SUR LA PROPRIÉTÉ
1 LOT DISPONIBLE
Lot
| Prix | 16 389 989 $ CAD | Taille du lot | 0,81 AC |
| Prix par AC | 20 234 554,87 $ CAD |
| Prix | 16 389 989 $ CAD |
| Prix par AC | 20 234 554,87 $ CAD |
| Taille du lot | 0,81 AC |
1 1
Walk Score®
Un paradis pour un marcheur (91)
Transit Score®
Un paradis pour conducteur (97)
Bike Score®
Très cyclable (83)
Impôts fonciers
| Numéro de lot | 5126-026-008 | Évaluation des bâtiments | 147 504 $ CAD |
| Évaluation du terrain | 12 647 554 $ CAD | Évaluation totale | 12 795 057 $ CAD |
Impôts fonciers
Numéro de lot
5126-026-008
Évaluation du terrain
12 647 554 $ CAD
Évaluation des bâtiments
147 504 $ CAD
Évaluation totale
12 795 057 $ CAD
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233 W Washington Blvd - Grand Metropolitan
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