155 S Alvarado St - Commercial LAND FOR SALE


Los Angeles, CA 90057- Westlake North8,154 SF
$1,200,000 USD
310-432-6471
155 S Alvarado St, Los Angeles, CA for Sale
$1,200,000 USD
Commercial LAND - FOR SALE
1/23
8,154 SF

155 S Alvarado St
Los Angeles, CA 90057
Westlake North


HIGHLIGHTS

  • 70% Upside!
  • Additional Billboard Income
  • 89 Walk Score 70 Transit Score 64 Bike Score
  • Land PSF $184

OVERVIEW

Located in one of the prime areas in Los Angeles, this property offers a fantastic investment potential. Situated in a sought-after location, it holds a C2-1 zoning and an impressive 8,150 sq ft lot. The possibilities here are endless. You have the option to add two additional ADUs (Accessory Dwelling Units) or completely redevelop the property. There is also an option to rehab the existing units and increase your income by a staggering 73%. What's even better, this property qualifies for the Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) programs, making it an ideal choice for those interested in smart and sustainable development. The location itself is a dream. Nestled in the vibrant Westlake/Echo Park/Downtown area, you'll have easy access to mass transit options, coffee houses, restaurants, bars, museums, theaters, galleries, parks, and everything else that L.A. has to offer. And let's not forget about the breathtaking city and DTLA skyline views! Before making an offer, it's important to conduct your due diligence.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/ACRE

$6,411,382/AC

PRICE/SF

$147 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Multi-Family, Retail Warehouse

LAND ACRES

0.19 AC

LAND SF

8,153 SF

OFFSITE IMPROVEMENTS

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

ZONING

C2

APN/PARCEL ID

5154-008-014

ASK ABOUT THIS PROPERTY

Jacob KesherimKW Commercial Beverly HillsMore Info
310-432-6471

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Jacob KesherimKW Commercial Beverly HillsMore Info
310-432-6471

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