1272-1276 W Court St - Commercial LAND FOR SALE


Los Angeles, CA 90026- City West7,013 SF
$2,400,000 USD
310-721-2896
1272-1276 W Court St, Los Angeles, CA for Sale
$2,400,000 USD
Commercial LAND - FOR SALE
1/8
7,013 SF

1272-1276 W Court St
Los Angeles, CA 90026
City West


HIGHLIGHTS

  • Views – Stunning city light views of the Downtown Los Angeles skyline.
  • Views – Stunning city light views of the Downtown Los Angeles skyline.
  • Contiguous Parcels- A substantial plot of contiguous land, ideal for residential development projects
  • Multi-family Zoning – Existing zoning allows high density multi-family communities.
  • TOC Tier 1 -City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. 
  • QCT -Site is within QCT designated areas that are sought after by affordable housing to credit developers

OVERVIEW

This incredible assemblage of three parcels (APNs 5160-019-030, 031, 032) encompasses approximately 21,021 SF (0.48 acres) of land in the heart of Los Angeles’ Westlake neighborhood, just west of Downtown. The property includes an existing vacant duplex and an occupied single-family residence with a secured tenant buyout scheduled for vacancy by June 1, 2026 (tenant compensation currently held in escrow). Do not disturb tenants. Over the past five years, the Westlake area has undergone a major revitalization, with hundreds of new residential units built within a few blocks of the subject site. Investment Potential: Redevelop the entire site Construct new units on vacant parcels Add units or ADUs Land bank for future value The property’s residentially dense zoning - R4(CW)-75/3-0 (allowing 400 SF of land per dwelling unit, 75’ height limit, and 3.0 FAR) - supports a wide range of development strategies. The seller will consider selling each lot individually, offering investors optionality based on their desired scale and timing.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/ACRE

$14,907,172/AC

PRICE/SF

$342 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.16 AC

LAND SF

7,013 SF

OFFSITE IMPROVEMENTS

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

ZONING

R4(CW)-75/3-0

APN/PARCEL ID

5160-019-030,5160-019-031,5160-019-032

ASK ABOUT THIS PROPERTY

Roger PhillipsKW CommercialMore Info
310-721-2896

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Roger PhillipsKW CommercialMore Info
310-721-2896

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