511 Grand ave - Commercial LAND FOR SALE


Los Angeles, CA 90012- Chinatown59,677 SF
$20,000,000 USD
626-841-2700
511 Grand ave, Los Angeles, CA for Sale
$20,000,000 USD
Commercial LAND - FOR SALE
1/6
59,677 SF

511 Grand ave
Los Angeles, CA 90012
Chinatown


HIGHLIGHTS

  • High visibility from the 101 and 110 freeways
  • Multifamily Mixed-Use Development Opportunity
  • Minutes away from Chinatown and Little Tokyo

OVERVIEW

Exceptional development opportunity at 511 N Grand Ave, showcasing 1.37 acres of prime real estate. Nestled conveniently off the 101 and 110 freeways, at the intersection of Grand Ave and W Cesar E Chavez Ave, this property comprises 5 parcels, one of which hosts an existing Burger King. Its strategic placement situates it just moments away from the bustling neighborhoods of Chinatown and Little Tokyo. The potential new owner stands to benefit from the ability to restructure plans according to their vision facilitating a strategic pivot to seize upon the urgent demand for housing in the area. This offering represents a rare chance to acquire a substantial parcel in an immensely sought-after locale, ready for development that could leave a significant imprint on the thriving downtown landscape.

FOR SALE DETAILS

PRICE

$20,000,000 USD

PRICE/ACRE

$14,598,540/AC

PRICE/SF

$335 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use

LAND ACRES

1.37 AC

LAND SF

59,677 SF

OFFSITE IMPROVEMENTS

-

ZONING

C2-2D, R5-2D

APN/PARCEL ID

5407-015-001,5407-015-002,5407-015-003,5407-015-004,5407-015-010

ASK ABOUT THIS PROPERTY

William YaoeXp CommercialMore Info
626-841-2700

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William YaoeXp CommercialMore Info
626-841-2700

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