The building encompasses approximately 7,705 square feet and is situated on a 0.18-acre parcel (approx. 7,841 SF). The site is zoned LAR5, making it highly suitable for multifamily residential or mixed-use redevelopment. Prime Location: Strategically positioned in the heart of Downtown Los Angeles’ South Park district, within walking distance to Crypto.com Arena, LA Live, and the Los Angeles Convention Center. Surrounded by a vibrant mix of entertainment, dining, and residential developments. Exceptional Development Potential: Zoned LAR5, which allows for high-density residential or mixed-use projects. Ideal for developers seeking a value-add or ground-up opportunity in a core urban market. Functional Improvements: Features 25-foot clear ceiling height, dual drive-in access points, and on-site parking for five vehicles—accommodating a variety of use scenarios. Versatile Investment Opportunity: Suitable for owner-users, investors, or developers. The property offers flexibility for adaptive reuse, long-term hold, or redevelopment strategies.