The property consists of two distinct sites located across the street from one another, on the north and south sides of W 11th Place, between Albany and Blaine Streets. The corresponding street addresses are 1313-1337, 1324, 1334 W 11th Place & 1327 W 12th Street, Los Angeles, CA 90015. Both sites are currently utilized as surface parking lots and benefit from very good utility, with corner locations and 3 streets of frontage. Altogether, the Property has a combined site area of 69,070 square feet, or 1.59 acres. The “Northern Site” corresponds to a single, rectangular parcel with a site area of 37,820 square feet. The Northern Site has double corner exposure and 3 streets of frontage. The “Southern Site” is comprised of 5contiguous parcels forming a “U-shape”, and totaling 31,250 square feet of land area. The Southern Site also has 2 corners and 3 streets of frontage. As mentioned, both sites are currently utilized as surface parking and truck storage. There are no existing building improvements on the Property.