774 N Broadway - Commercial LAND FOR SALE


Los Angeles, CA 90012- Chinatown26,402 SF
$8,250,000 USD
213-532-3268
774 N Broadway, Los Angeles, CA for Sale
$8,250,000 USD
Commercial LAND - FOR SALE
1/7
26,402 SF

774 N Broadway
Los Angeles, CA 90012
Chinatown


HIGHLIGHTS

  • Prime Chinatown Location.
  • Prominent Corner Positioning.
  • No Existing Entitlements.
  • Covered Land Development Site.

OVERVIEW

Colliers is pleased to present 774 N. Broadway, a +- 26,403 square foot development opportunity located in the core of Chinatown. Situated on a high-visibility corner with frontage along both Broadway and Alpine Street, the site offers strong access and exposure. The property falls within the Commercial Mixed-Use (CX1) use district under the new downtown zoning code, permitting a variety of uses including but not limited to a mixed-use development with ground-floor retail and residential units above. The project will be subject to the City's Inclusionary Housing Requirements. Density is regulated by Floor Area Ratio (FAR), with no minimum lot area per dwelling unit, allowing for highly efficient and dense development. The property is currently improved with a parking lot generating interim income, providing a buyer with the opportunity to collect revenue while pursuing entitlements. With no existing approvals in place, a prospective developer has the flexibility to design and execute a project that fully capitalizes on the site's zoning and prime location.

FOR SALE DETAILS

PRICE

$8,250,000 USD

PRICE/ACRE

$13,610,964/AC

PRICE/SF

$312 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Office, Multi-Family, Hotel, Parking Garage

LAND ACRES

0.61 AC

LAND SF

26,403 SF

OFFSITE IMPROVEMENTS

-

ZONING

C2-2, Los Angeles

APN/PARCEL ID

5408-024-007

ASK ABOUT THIS PROPERTY

Adam TischerColliersMore Info
213-532-3268

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Adam TischerColliersMore Info
213-532-3268

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