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Entitlement-Ready Land with Brick Buildings

1140 S Hope St Los Angeles, CA 90015

1140 S Hope St, Los Angeles, CA, 90015
Contact for pricing
For Sale
Contact for pricing
Pending

Two downtown parcels include one-story brick buildings, with zoning R5-4D-0 and Enterprise Zone/Tier 4 Transit Oriented status.

Days on Market103

Property Features for 1140 S Hope St

General Information

Standard status
Pending
Property subtype
Land
Listing agency Coldwell Banker Commercial NRT Pasadena
Listed by Nicole Deflorian · License #01482197
Source Crexi
Added: Apr 11 Updated: Jul 20 at 9:32PM Checked: Jul 20 at 9:32PM

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 Coldwell Banker Commercial NRT Pasadena


Investment Insights

Based on property information with market context.

Two parcels in Downtown Los Angeles’s South Park district are being offered for sale, with the potential for development and income generation while properties move through the entitlement process. The offering includes two one-story brick buildings: one parcel at 1144 S. Hope Street is currently vacant and formerly occupied by Downtown Dance and Movement, and the other parcel at 1140 S. Hope Street is occupied by STS Construction on a short-term lease expiring July 2023. The combined lot size for both parcels is 15,502 square feet.

Both parcels are in the State Enterprise Zone, Tier 4–Transit Oriented Communities, and a Redevelopment Project Area: City Center. The General Plan land use is High Density Residential, and the area is identified as part of the Greater Downtown Housing Incentive Area.

Zoning for both parcels is R5-4D-0.

Key Highlights

  • Two downtown Los Angeles parcels at 1144 S. Hope St and 1140 S. Hope St, each improved with one‑story brick buildings
  • Combined lot size of 15,502 SF across both parcels
  • 1144 S. Hope St formerly occupied by Downtown Dance and Movement; currently vacant

Property Analytics

Location Intelligence

Current Use by Public Records

The Notion Studio Photography Service STS Construction Services Construction Company

Suggested Use

(Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Butcher Adult Day Care Veterinary Clinic Clothing & Fashion Store Tanning Salon (Bike/Boat/Book/etc) Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Two downtown parcels include one-story brick buildings, with zoning R5-4D-0 and Enterprise Zone/Tier 4 Transit Oriented status.
Where is this commercial land located?
The property is located at 1140 S Hope St Los Angeles, CA.
What are key features of this property?
This property features: Two downtown Los Angeles parcels at 1144 S. Hope St and 1140 S. Hope St, each improved with one‑story brick buildings; Combined lot size of 15,502 SF across both parcels; 1144 S. Hope St formerly occupied by Downtown Dance and Movement; currently vacant
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