2771 W Pico Blvd - Commercial LAND FOR SALE


Los Angeles, CA 90006- Harvard Heights27,168 SF
$5,200,000 USD
562-659-2245
2771 W Pico Blvd, Los Angeles, CA for Sale
$5,200,000 USD
Commercial LAND - FOR SALE
1/2
27,168 SF

2771 W Pico Blvd
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • Downtown Los Angeles development opportunity on 0.62 acres in-between the Koreatown/ Harvard Heights neighborhood.
  • Adjoining property slates for a five-story, 75-unit multifamily development.
  • Land priced below $200/ PSF.
  • Situated on a heavily traveled area of W Pico Boulevard & S Normandie Avenue with many local shopping and dining conveniences.
  • 2771 W Pico Boulevard has easy access to the area's major transportation arteries, including Interstates 10 and 110.

OVERVIEW

Investors and developers, we are happy to present an incredible opportunity to acquire approximately 0.62 acres in a Downtown Los Angeles area experiencing rapid development and revitalization. These parcels are located within an Opportunity Zone, which provides additional advantages to the development project. These four contiguous parcels are on the prime signalized intersection of Pico and Normandie. Pico and Normandie are both high-traffic streets (both pedestrian and automobile) with access to the site on both Pico and Normandie. Public transportation is steps away to Access Downtown Los Angeles, home of LA Live, Crypto Arena, and the convention center. China Town, Pico-Union, Korea Town, and the USC Campus are minutes away. Proximity to the 10 and 110 freeways adds even more value.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/ACRE

$8,337,456/AC

PRICE/SF

$191 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.62 AC

LAND SF

27,168 SF

OFFSITE IMPROVEMENTS

-

ZONING

C2

APN/PARCEL ID

5078-035-013,5078-035-014,5078-035-015,5078-035-016

ASK ABOUT THIS PROPERTY

Jeff WorthyWorthy PropertiesMore Info
562-659-2245

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Jeff WorthyWorthy PropertiesMore Info
562-659-2245

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