Industrial Development
For Sale
Contact for pricing
Pending
2861 Los Feliz Blvd, Los Angeles, CA 90039
Unimproved 4-acre parcel in Los Angeles with M1-1VL-RIO zoning and Q Condition development guidelines.
Property SizeContact for details
Lot Size4.00 Acres
Days on Market143
Property Features for 2861 Los Feliz Blvd
General Information
Standard status
Pending
Lot size
4.00 Acres
Property subtype
Land
Zoning
[T][Q]M1-1VL-RIO
Listing Agency:
Masters Realty Group
(310) 528-5240
Listed By:
Kevin Kim · License #02103359
Source:
Crexi
Added: Apr 11
Changed: Aug 25
Last Checked: Aug 31 at 5:51AM
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 Masters Realty Group
Investment Insights
Based on property information with market context.
Offered for sale is an unimproved 4-acre industrial land parcel in Los Angeles. The site is presented as a development-ready platform subject to “Q Condition” requirements, including stipulations related to height, landscape, and parking provisions.
The property is described with an M1-1VL-RIO zoning classification, which the offering states may allow a range of commercial and industrial development directions. The remarks also cite Ordinance No. 170006, referencing 580,000 Gross Square Feet of commercial/industrial development permitted across a 40-acre site, with the parcel positioned as a contributor to that broader development framework.
The seller’s materials further note previous discussions with the City Planning Department regarding the possibility of excluding “institutional” square footage from the overall Q Condition calculation, suggesting there may be room for continued engagement depending on the final project approach. Interested parties are encouraged to verify all details and consult with local authorities and qualified advisors regarding feasibility under the cited conditions.
The property is described with an M1-1VL-RIO zoning classification, which the offering states may allow a range of commercial and industrial development directions. The remarks also cite Ordinance No. 170006, referencing 580,000 Gross Square Feet of commercial/industrial development permitted across a 40-acre site, with the parcel positioned as a contributor to that broader development framework.
The seller’s materials further note previous discussions with the City Planning Department regarding the possibility of excluding “institutional” square footage from the overall Q Condition calculation, suggesting there may be room for continued engagement depending on the final project approach. Interested parties are encouraged to verify all details and consult with local authorities and qualified advisors regarding feasibility under the cited conditions.
Key Highlights
- Unimproved 4‑acre parcel in Los Angeles at 4251 N Perlita Ave and 4102–4156 East Verdant Street (CA 90039).
- Zoned M1‑1VL‑RIO, offering potential for commercial and industrial uses, including specific mixed‑uses.
- Ordinance No. 170006 permits up to 580,000 GSF of commercial/industrial development across the 40‑acre site.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,787
Businesses Nearby
Explore this area
Business Placement
Demographics for 90039, CA
28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Unimproved 4-acre parcel in Los Angeles with M1-1VL-RIO zoning and Q Condition development guidelines.
Where is this industrial land located?
The property is located at 2861 Los Feliz Blvd Los Angeles, CA.
What are key features of this property?
This property features: Unimproved 4‑acre parcel in Los Angeles at 4251 N Perlita Ave and 4102–4156 East Verdant Street (CA 90039).; Zoned M1‑1VL‑RIO, offering potential for commercial and industrial uses, including specific mixed‑uses.; Ordinance No. 170006 permits up to 580,000 GSF of commercial/industrial development across the 40‑acre site.
