Contiguous Development Land
For Sale
$19,500,000
1247 W 7th, Los Angeles, CA 90017
Two contiguous parcels in Central City West Westlake, Downtown Los Angeles, with conceptual plans for a high-rise mixed-use residential project.
Days on Market42
Property Features for 1247 W 7th
General Information
Standard status
Active
Property subtype
LAND
Listing Agency:
Harvest Realty Development
(909) 289-5660
Listed By:
Yang Tang · License #02129834
Source:
Truthrealty
Added: Jun 19
Changed: Jul 30
Last Checked: Jul 30 at 11:02AM
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 Harvest Realty Development
Investment Insights
Based on property information with market context.
A development-focused commercial land offering consisting of two contiguous parcels at 1247 W 7th in the Central City West / Westlake area of Downtown Los Angeles. The site totals approximately 45,041 square feet and is identified by APNs 5143-020-013 and 5143-020-020.
The property previously underwent an extensive planning and design process. Conceptual plans for a high-rise mixed-use residential project are available for review; while prior approvals have expired, the existing studies and plans may provide useful context for a new entitlement process.
The location is positioned near major Downtown destinations including LA Live, Crypto.com Arena, and the Financial District, as well as dining, entertainment, major employment centers, and public transportation. Walk Score is 93 (“Walker’s Paradise”) and Transit Score is 95 (“Rider’s Paradise”).
The property previously underwent an extensive planning and design process. Conceptual plans for a high-rise mixed-use residential project are available for review; while prior approvals have expired, the existing studies and plans may provide useful context for a new entitlement process.
The location is positioned near major Downtown destinations including LA Live, Crypto.com Arena, and the Financial District, as well as dining, entertainment, major employment centers, and public transportation. Walk Score is 93 (“Walker’s Paradise”) and Transit Score is 95 (“Rider’s Paradise”).
Key Highlights
- Two contiguous parcels totaling approximately 45,041 SF at 1247 W 7th, Los Angeles
- APNs 5143‑020‑013 and 5143‑020‑020
- Central City West / Westlake development site in Downtown Los Angeles
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 90017, CA
27,295
Population
15,953
Households
1.7
Avg Household Size
33
Median Age
36%
College-Educated
72%
High-School Grad
0.7 sq mi
ZIP Area
38,993
Density / Sq Mi
$51,317
Median Household Income
$35,076
Median Earnings
$1,669
Median Rent
$675,500
Median Home Value
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 - Two contiguous parcels in Central City West Westlake, Downtown Los Angeles, with conceptual plans for a high-rise mixed-use residential project.
Where is this commercial land located?
The property is located at 1247 W 7th Los Angeles, CA.
What is the asking price?
The asking price for this property is $19,500,000.
What are key features of this property?
This property features: Two contiguous parcels totaling approximately 45,041 SF at 1247 W 7th, Los Angeles; APNs 5143‑020‑013 and 5143‑020‑020; Central City West / Westlake development site in Downtown Los Angeles
