Mixed-Use Development
For Sale
Contact for pricing
1512 W 7th St, Los Angeles, CA 90017
Land parcel zoned C2-2, supporting a by-right mixed-use plan with above-ground parking for a residential tower concept.
Property Size183,000 SF
Days on Market142
Property Features for 1512 W 7th St
General Information
Standard status
Active
Size
183,000 SF
Property subtype
Land
Zoning
C2-2
Additional Details
Multifamily Units
167
Listing Agency:
Centennial Advisers
(310) 431-5411
Listed By:
Tom Watkins · License #CA 01754440
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 3:49PM
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 Centennial Advisers
Investment Insights
Based on property information with market context.
Offered for sale at 1512 W 7th St in Los Angeles, this commercial land parcel is positioned for a mixed-use development concept. The plan is described as 7th Street Tower, combining market-rate and moderate-income housing totaling up to 167 units, with 125 units identified as market-rate.
The remarks also note the added value of above-ground parking as part of the development approach. With C2-2 zoning, the offering is described as allowing up to 183,000 square feet by right.
Prospective buyers and brokers can review the C2-2 basis for entitlement and the stated unit and parking structure targets as they evaluate fit for a residential mixed-use tower redevelopment.
The remarks also note the added value of above-ground parking as part of the development approach. With C2-2 zoning, the offering is described as allowing up to 183,000 square feet by right.
Prospective buyers and brokers can review the C2-2 basis for entitlement and the stated unit and parking structure targets as they evaluate fit for a residential mixed-use tower redevelopment.
Key Highlights
- Land parcel zoned C2‑2 for a by‑right mixed‑use development plan.
- Proposed 7th Street Tower totals up to 167 units, including 125 market‑rate units.
- Above‑ground parking included as part of the development concept.
Property Analytics
Property Profile
Current Use
Lease Details
167
Residential units
Location Intelligence
Trade Area within ½ mile
7,792
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land parcel zoned C2-2, supporting a by-right mixed-use plan with above-ground parking for a residential tower concept.
Where is this commercial land located?
The property is located at 1512 W 7th St Los Angeles, CA.
What are key features of this property?
This property features: Land parcel zoned C2‑2 for a by‑right mixed‑use development plan.; Proposed 7th Street Tower totals up to 167 units, including 125 market‑rate units.; Above‑ground parking included as part of the development concept.
