Property Overview 1411-1415 S Hill St is a rare investment opportunity in the heart of Downtown Los Angeles. This 12,611 SF parking lot offers approximately 50 surface parking spaces, a small 108 SF commercial retail building, and billboard rental income. The property is strategically located in the highly desirable South Park District, just blocks from major developments, residential towers, restaurants, and entertainment venues. Key Features & Investment Highlights • Asking Price: $2,525,400 • Lot Size: 12,611 SF (two parcels: 6,300 SF + 6,311 SF) • Zoning: C2-2 D-O, Tier 3 TOC – allowing for potential future development • Parking Spaces: Approx. 50 surface spaces • Existing Income: • Parking & tenant rental: $60,000 annually • Billboard rental: $849.96 annually • Seller Financing: Available • Value-Add Opportunity: Room to increase rental income Location & Accessibility • Situated in the South Park District, a vibrant, high-growth area in Downtown LA • Walking distance to major attractions, including LA Live, Crypto.com Arena, and the LA Convention Center • Easy access to 10, 110, and I-5 Freeways for convenient regional connectivity • Walk Score: 92 (Walker’s Paradise) – surrounded by housing, retail, and entertainment • Transit Score: 98 (Rider’s Paradise) – close to multiple Metro Blue Line stations Potential for Future Development With a C2-2 D-O zoning and Tier 3 TOC, the site presents an opportunity for future development in a rapidly evolving district. South Park continues to attract major real estate investment, making this property a strong long-term hold. This hard-to-find parking asset provides stable income with immediate upside potential. Contact us today for more details or to schedule a tour.