310-494-6086
, Los Angeles, CA for Sale
Industrial - FOR SALE
1/3
null | 8% Cap Rate

Towne Avenue & 5th Street
Los Angeles, CA
Seafood District


HIGHLIGHTS

  • Opportunity Zone
  • No Density Limitations
  • Greater Downtown Incentive Area
  • Generational Redevelopment Opportunity

OVERVIEW

EOP Realty is pleased to present this exceptional multi-parcel investment opportunity ideally suited for development or an owner/user. Currently, the property has approximately 26,000 square feet of building(s) on approximately 36,000 square feet of land. Located in Downtown Los Angeles, this prime, hard-corner location at 5th Street and Towne Avenue has almost no density limitations. Additionally, the property is situated within the Downtown Housing Incentive Area, providing an investor with a rare opportunity to benefit from the supporting housing initiatives, thereby offering a nearly 100% affordable housing project opportunity. An owner/user could take advantage of the 12,000 square feet of existing cold storage while using or leasing out the contiguous warehouse buildings to offset costs.

ASK ABOUT THIS PROPERTY

Troy KayEOP Realty, Inc.More Info
310-494-6086

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

Troy KayEOP Realty, Inc.More Info
310-494-6086

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