540-542 Stanford Ave - Residential LAND FOR SALE


Los Angeles, CA 90021- Seafood District6,612 SF
$1,490,000 USD
714-883-6875
540-542 Stanford Ave, Los Angeles, CA for Sale
$1,490,000 USD
Residential LAND - FOR SALE
1/6
6,612 SF

540-542 Stanford Ave
Los Angeles, CA 90021
Seafood District


HIGHLIGHTS

  • High Density Development Opportunity
  • Housing Incentive Area
  • Potential for Future Rezoning
  • Located Between DTLA Historic Core and Arts District

OVERVIEW

540–542 Stanford Avenue is a 6,612 SF vacant land site offered at $1,490,000 in the heart of the Downtown Los Angeles Industrial District. Located between the Historic Core and Arts District, the site is surrounded by major redevelopment projects and benefits from strong demand for housing, creative office, and mixed use development. Its designation as an Opportunity Zone and Housing Incentive Area provides additional upside through tax benefits and density bonuses. With LAM2 zoning, proximity to the Metro Gold Line, and easy freeway access, 540–542 Stanford Avenue offers investors and developers a rare chance to secure a well-positioned site in one of Los Angeles’ most dynamic growth markets.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/ACRE

$9,816,152/AC

PRICE/SF

$225 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

DTLA Infill Redevelopment Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Industrial, Apartment Units, Parking Lot

LAND ACRES

0.15 AC

LAND SF

6,612 SF

OFFSITE IMPROVEMENTS

-

ZONING

LAM2

APN/PARCEL ID

5147-019-006,5147-019-007

ASK ABOUT THIS PROPERTY

Jesse McKenzieMajor PropertiesMore Info
714-883-6875

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Jesse McKenzieMajor PropertiesMore Info
714-883-6875

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