Entitlement-Ready Land with Brick
For Sale
Contact for pricing
Pending
1140 S Hope St, Los Angeles, CA 90015
Two downtown parcels include one-story brick buildings, with zoning R5-4D-0 and Enterprise Zone/Tier 4 Transit Oriented status.
Property SizeContact for details
Days on Market149
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
Changed: Sep 2
Last Checked: Sep 2 at 6:17AM
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.
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14,946
Businesses Nearby
Explore this area
Business Placement
Demographics for 90015, CA
27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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
