Downtown Los Angeles Multifamily
For Sale
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1316 Linwood Ave, Los Angeles, CA 90017
0.43-acre multifamily development opportunity in Downtown Los Angeles.
Property SizeContact for details
Lot Size0.43 Acres
Days on Market824
Property Features for 1316 Linwood Ave
General Information
Standard status
Active
Lot size
0.43 Acres
Property subtype
Land
Zoning
R5(CW)-U/6 (Central City West Specific Plan)
Listing Agency:
Cushman & Wakefield - West Los Angeles, California
(213) 955-5100
Listed By:
Jacob Kovner · License #02191984
Source:
Crexi
Added: May 9, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:29AM
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 Cushman & Wakefield - West Los Angeles, California
Investment Insights
Based on property information with market context.
This 0.43-acre property presents a multifamily development opportunity in the City West neighborhood of Downtown Los Angeles. Zoned R5(CW)-U/6 within the Central City West Specific Plan area, the property allows for a wide range of market-oriented uses. It has a by-right density of 6:1 FAR and 217.8 units per acre, and benefits from good utility with extensive frontage. The property is located near the Crypto.com Arena, LA Live, Los Angeles Convention Center, and Microsoft Theater. It is well-positioned to benefit from the millions of visitors expected to attend the 2028 Summer Olympics. Situated just outside the core of the South Park and Financial districts in DTLA, the location offers high visibility and convenient access to a regional transportation network, near the confluence of the 110 and I-10 Freeways. The property is 11 miles to the Hollywood Burbank Airport, 14 miles to Los Angeles International Airport, and 22 miles to the Ports of Los Angeles and Long Beach. There is an opportunity to assemble the property with an additional 19,000 square feet of contiguous land to the north and south of the property (APNs 5143-011-001, -005, and -006). Altogether, the Assemblage totals approximately 38,000 square feet of land, forming a rectangular shape with excellent utility, corner exposure, and enhanced overall development potential.
Key Highlights
- High‑density multifamily development opportunity with 6:1 FAR and 217.8 units per acre by‑right density.
- Prime location in Downtown Los Angeles' City West neighborhood, proximate to the entertainment district.
- Walking distance to Crypto.com Arena, LA Live, Los Angeles Convention Center, and Microsoft Theater.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11,553
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?
Residential land & home lot - 0.43-acre multifamily development opportunity in Downtown Los Angeles.
Where is this residential land & home lot located?
The property is located at 1316 Linwood Ave Los Angeles, CA.
What are key features of this property?
This property features: High‑density multifamily development opportunity with **6:1 FAR and 217.8 units per acre by‑right density.**; Prime location in Downtown Los Angeles' City West neighborhood, proximate to the entertainment district.; Walking distance to Crypto.com Arena, LA Live, Los Angeles Convention Center, and Microsoft Theater.**
