Arts District Development
For Sale
Contact for pricing
1567-1717 Industrial St Portfolio, Los Angeles, CA
2.13 acre development site in the Arts District.
Property Size67,500 SF
Lot Size2.13 Acres
Price / SF$444.44
Days on Market1516
Property Features for 1567-1717 Industrial St Portfolio
General Information
Standard status
Active
Size
67,500 SF
Lot size
2.13 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(213) 700-0183
Listed By:
Tim Wetzel
(213) 700-0183
Source:
Moodyscre
Added: Jun 7, 2022
Changed: Jul 10
Last Checked: Jul 21 at 4:05AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This 2.13-acre development site is located in the Arts District. The property, comprising 92,701 square feet of land, includes four leased buildings with short-term leases, providing in-place cash flow to cover expenses. This arrangement allows time to work through the entitlement process, or for DTLA 2040 to pass a hybrid industrial zone, potentially allowing commercial and residential uses with a Floor Area Ratio (FAR) of 3:1 to 6:1. The property is located in a Qualified Opportunity Zone, offering preferential tax benefits.
Key Highlights
- Excellent Arts District Development Site: 92,701 SF Land on 2.13 Acres
- Potential FAR of 3:1 to 6:1 allowing for significant development possibilities
- DTLA 2040 to pass Hybrid Industrial Zone allowing Commercial & Residential Uses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,043
Businesses Nearby
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Market
Properties on Market for Commercial land in Los Angeles County
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Frequently Asked Questions
What type of property is this?
Commercial land - 2.13 acre development site in the Arts District.
Where is this commercial land located?
The property is located at 1567-1717 Industrial St Portfolio Los Angeles, CA.
What is the asking price?
The asking price for this property is $30,000,000.
What are key features of this property?
This property features: Excellent Arts District Development Site: 92,701 SF Land on 2.13 Acres; Potential FAR of 3:1 to 6:1 allowing for significant development possibilities; DTLA 2040 to pass Hybrid Industrial Zone allowing Commercial & Residential Uses
