109 W 14th Pl - Commercial LAND FOR SALE


Los Angeles, CA 90015- Fashion District9,500 SF
$2,300,000 USD
310-497-4362
109 W 14th Pl, Los Angeles, CA for Sale
$2,300,000 USD
Commercial LAND - FOR SALE
1/8
9,500 SF

109 W 14th Pl
Los Angeles, CA 90015
Fashion District


HIGHLIGHTS

  • Small Area Fair Market Rent (SAFMR), Tier 8
  • Vacant Land – Ready for immediate development
  • High-Growth Area – Near major developments & infrastructure
  • Zoned [HB2-G1-5] [CX3-FA] [CPIO-O]
  • Opportunity Zone – Capital gains tax benefits and investor incentives
  • Excellent Transit & Walkability – 92 Walk Score & 99 Transit Score

OVERVIEW

PartnersCRE is proud to exclusively represent a premier commercial and residential development site at 109 W 14th Pl, Los Angeles, CA 90015. This 9,499 SF vacant lot, zoned [HB2-G1-5] [CX3-FA] [CPIO-O], presents an exceptional opportunity for ground-up mixed-use, retail, or residential development. Currently vacant, the property is well-suited for 100% affordable housing projects, including those qualifying for Section 8 programs, addressing the increasing demand for affordable housing in Los Angeles. The property is in the Tier 8, Small Area Fair Market Rent (SAFMR) category, the site offers maximum potential rent benefits, making it an ideal investment for developers focused on affordable housing. With an impressive 92 Walk Score and 99 Transit Score, the property is located in a vibrant commercial and residential area near downtown Los Angeles, retail centers, and major transit routes. Its strategic position allows for no parking requirements in a redevelopment project, maximizing the site's buildable potential. Positioned within an Opportunity Zone, the site provides significant economic and tax advantages, including capital gains tax incentives and long-term investment growth potential. These benefits, combined with its prime location and strong market demand, make it highly attractive to developers and investors. Located in the heart of Downtown Los Angeles, this property is surrounded by a vibrant mix of commercial and residential developments, offering exceptional connectivity to major highways and public transit. With valuable incentives like no parking requirements and density bonuses, it provides a prime opportunity to maximize development potential.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/ACRE

$10,547,215/AC

PRICE/SF

$242 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Apartment Units, Apartment Units - Subsdzd

LAND ACRES

0.22 AC

LAND SF

9,499 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

[HB2-G1-5] [CX3-FA] [CPIO

APN/PARCEL ID

5133-010-002

ASK ABOUT THIS PROPERTY

Jordan PetitoKW Commercial Beverly HillsMore Info
310-497-4362

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jordan PetitoKW Commercial Beverly HillsMore Info
310-497-4362

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.