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1567 Industrial St Los Angeles, CA 90021

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For Sale
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2.13 acre development site in the Arts District.

Property size:
2 SF
Lot size:
2.13 Acres

Property Features for 1567 Industrial St

General Information

Size
2 SF
Lot size
2.13 Acres

Source: Tim Wetzel Agent Tim Wetzel

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


Overview

Arts District Development Site

This 2.13-acre development site, comprising 92,701 square feet of land, is located in the Arts District. It features four leased buildings with short-term leases, providing in-place cash flow to cover expenses while working through the entitlement process. The site is located in a Qualified Opportunity Zone, potentially offering preferential tax benefits. It is situated at the intersection of Industrial Street, Alameda Street, and Mill Street. The property may be suitable for commercial and residential uses with a potential FAR of 3:1 to 6:1 under the DTLA 2040 Hybrid Industrial Zone.
Insight Report Location Intelligence

Current Use by Public Records

Fresco Foods, Inc Seafood Wholesaler Los Angeles Bilingual ... Dj Service

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

FAQs

What type of property is this?
Land - 2.13 acre development site in the Arts District.
Where is this land located?
The property is located at 1567 Industrial St Los Angeles, CA.
What are key features of this property?
This property features: - Excellent Arts District Development Site: 92,701 Sq. Ft Land / 2.13 Acres; - DTLA 2040 to pass Hybrid Industrial Zone allowing commercial & residential uses with a potential FAR of 3:1 to 6:1; - Qualified Opportunity Zone: Preferential Tax Benefits
More about this property
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