9511 S San Pedro St 2 532 pi² Vacant Bureau Immeuble Los Angeles, CA 90003 1 155 467 $ CAD (456,35 $ CAD/pi²)

9511 S. San Pedro Street presents a rare opportunity for developers, investors, and owner-users to acquire a vacant office building situated on a 5,195 SF LAR4-zoned lot in South Los Angeles. The property consists of a vacant two-story 2,532 SF office building and offers significant redevelopment potential in a rapidly evolving infill location. The existing improvements may be suitable for renovation and occupancy as an office, flex space, nonprofit facility, educational use, community-serving use, or other owner-user applications.
Based on the underlying LAR4 zoning, the site may support approximately 13 residential units by right. Additionally, the property's ED1 eligibility may provide the opportunity to develop up to approximately 26 residential units, subject to applicable regulations and approvals. The property also benefits from TOC Tier 1 designation, Transit Priority Area status, and AB 2097 parking incentives, creating an attractive opportunity for multifamily and affordable housing developers seeking increased density and development incentives. Buyer is advised to independently verify all development potential, zoning regulations, permitted uses, density allowances, ED1 eligibility, and applicable incentive programs with the City of Los Angeles and all applicable governmental agencies.
Conveniently located near Downtown Los Angeles, USC, Exposition Park, BMO Stadium, the Los Angeles Memorial Coliseum, and major transportation corridors including the 110 and 105 Freeways, the property offers an exceptional opportunity to capitalize on strong housing demand and favorable development incentives. The property will be delivered vacant at the close of escrow.