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Commercial Land with Parking
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1313 11th Place, Los Angeles, CA 90015

Six parcels currently operate as paid public parking and are ED1 eligible for housing development.

Days on Market789

Property Features for 1313 11th Place

General Information

Standard status Active
Property subtype V
Zoning CM
Listing Agency: Keller Williams
Listed By: Patrick Sharples · License #01245463
Source: Realnex
Added: Jun 6, 2024 Changed: Aug 2 Last Checked: Aug 2 at 6:34AM

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 Keller Williams

Investment Insights

Based on property information with market context.

The offering comprises 6 parcels totaling approximately 68,707 SF at 1313 11th Place in Los Angeles. The CM-1-0 zoned land is currently used for paid public parking, providing an existing parking operation across the assembled site. The parcels run directly parallel to the 110 freeway.

The property is identified as ED1 eligible for housing development. Based on discussions with city planning, the sites may support 172 market-rate units by right, or 302 units with a 23% affordability component; buyer verification is required. With a 100% affordability component, the source information describes unlimited density subject to a current 75-foot height limit, approximately six stories. ED1 is described as a streamlined 60-day process, and the property is stated not to require entitlements based on its zoning and location.

Key Highlights

  • 6 parcels totaling approximately 68,707 SF
  • CM‑1‑0 zoning with current paid public parking use
  • Directly parallel to the 110 freeway in Los Angeles

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service Veterinary Clinic Adult Day Care Buffet Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,046
Businesses Nearby

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

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 - Six parcels currently operate as paid public parking and are ED1 eligible for housing development.
Where is this commercial land located?
The property is located at 1313 11th Place Los Angeles, CA.
What are key features of this property?
This property features: 6 parcels totaling approximately 68,707 SF; CM‑1‑0 zoning with current paid public parking use; Directly parallel to the 110 freeway in Los Angeles
More about this property
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