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    1567-1717 Industrial St, Unit Portfolio Los Angeles, CA 90021

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    For Sale
    $30,000,000

    2.13 acre development site in the Arts District.

    Property size:
    67,500 SF
    Lot size:
    2.13 Acres

    Property Features for 1567-1717 Industrial St

    General Information

    Size
    67,500 SF
    Lot size
    2.13 Acres

    Source: Lee & Associates Agent Tim Wetzel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arts District Development Opportunity

    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.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.23641
    Latitude
    34.03609

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    FAQs

    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, Unit 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
    (213) 700-0183
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1567-1717 Industrial St, Unit Portfolio Los Angeles, CA 90021
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