Kidder Mathews is pleased to present the opportunity to acquire 1330 W 5th Street, a prime affordable housing development site located in the heart of Los Angeles. Situated on a ±30,971 square foot lot, the property presents a rare opportunity for developers to bring much-needed affordable or supportive housing to one of Los Angeles’ most centrally located and high-demand communities. The property is currently improved with a 3-level parking structure totaling 319 spaces. While the site is currently entitled and nearing RTI for a 142-unit market-rate multifamily project with a combined 114,052 square feet of buildable area, it offers compelling potential to reposition the development for affordable or senior housing (buyer to verify). Positioned on the edge of the Central Business District, the site benefits from immediate access to public transit, employment centers, healthcare facilities, and major freeways—making it ideal for future residents seeking convenience and connectivity. With substantial predevelopment work completed and flexible redevelopment potential, 1330 W. 5th Street offers a timely opportunity to address Los Angeles' growing housing needs while leveraging existing approvals and infrastructure.