Mixed-Use Multifamily Development
10031 Palms Blvd, Los Angeles, CA 90034
Transit-oriented development opportunity near Metro Expo Line Station in Palms.
Type:Office
Property size:
16,000 SFPrice / SF:
$468/SF- Added:
- Nov 26, 2025
- Days on Market:
- 172
- Last Refresh:
- Apr 5 at 9:15 pm
Property Features for 10031 Palms Blvd
General Information
- Standard status
- Active
- Size
- 16,000 SF
- Property subtype
- Office
Listing agent Duncan Lemmon (310) 899-2733
Listing office (310) 899-2733
Listing date Nov 26, 2025
Source Lee-associates
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Duncan Lemmon
HighLights
- Transit‑Oriented Development Opportunity: Located directly across from the Metro Expo Line Station for easy access to amenities.
- High Development Potential: Zoned MU(EC) with a FAR of 2 to 3.6, allowing for mixed‑use multifamily development.
- Streamlined Approval Process: Located within the Exposition Corridor Transit Neighborhood Specific Plan, enabling administrative clearance.
- Prime West Los Angeles Location: Situated in Palms/Clarington/National, offering convenient access to freeways, LAX, Downtown, and Beach Cities.
- Significant Land Size: Approximately 31,000 SF (0.71 Acres) of land available.
- Existing Income: Includes an 18‑unit apartment building, currently 50% occupied, providing some in‑place income.
Overview
This mixed-use multifamily development opportunity is located directly across from the Metro Expo Line Station in Palms, providing convenient access to Westwood/Rancho and Culver City stations, as well as employment, businesses, restaurants, and entertainment options. The property consists of approximately 31,000 square feet (0.71 acres) of land zoned MU(EC). Currently, there is a 2-story, 18-unit apartment building on the premises, which is 50% occupied and provides some in-place income. The site allows for development with a Floor Area Ratio (FAR) from 2 to 3.6, with a minimum unit size of 350 square feet and a commercial component. Situated within the Exposition Corridor Transit Neighborhood Specific Plan, developers can submit architectural designs conforming to the specific plan and receive administrative clearance to proceed directly to construction drawings. This Transit Priority development opportunity is located in the heart of West Los Angeles, with convenient access to the 10 and 405 Freeways, LAX, Downtown, and Beach Cities. The existing apartment building comprises approximately 16,000 square feet and was built in the 1950s.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.404
- Latitude
- 34.0288
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Transit-oriented development opportunity near Metro Expo Line Station in Palms.
Where is this commercial land located?
The property is located at 10031 Palms Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Transit‑Oriented Development Opportunity: Located directly across from the Metro Expo Line Station for easy access to amenities.; High Development Potential: Zoned MU(EC) with a FAR of 2 to 3.6, allowing for mixed‑use multifamily development.; Streamlined Approval Process: Located within the Exposition Corridor Transit Neighborhood Specific Plan, enabling administrative clearance.
