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Redevelopment Opportunity Near Metro Line
For Sale
$4,989,600

1339-1341 E Washington Blvd. and 1332 1336 1340 E 18th Street, Los Angeles, CA 90021

Land with redevelopment potential, heavy power, and transit access.

Property Size10,137 SF
Days on Market340

Property Features for 1339-1341 E Washington Blvd. and 1332 1336 1340 E 18th Street

General Information

Standard status Active
Size 10,137 SF
Class C
Property subtype Land

Site & Location

Neighborhood Downtown

Building Details

Building Size 10,137 SF
Year Built 1948
Listing Agency: Lee & Associates
Listed By: Anita Artukovich · License #CalDRE #00851588
Source: Lee-associates
Added: Nov 24, 2025 Changed: Oct 28 Last Checked: Oct 28 at 7:25AM

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 Lee & Associates

Rey
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Investment Insights

Based on property information with market context.

This property presents an ideal redevelopment opportunity. The site includes an existing building with approximately 21,608 square feet of space. The property's size is approximately 28,512 square feet. It benefits from heavy power and possible water discharge rights. The location offers direct access to the Metro Blue Line, situated directly in front of the property at Station 2. Furthermore, the property is located in a Federal Opportunity Zone and is designated as a TOC Tier 3 area.

Key Highlights

  • Metro Blue Line Directly In Front of Property/Station 2
  • Located in Federal Opportunity Zone: TOC Tier 3
  • Ideal Redevelopment Opportunity

Property Analytics

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Suggested Use

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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

3,286
Businesses Nearby

Demographics for 90021, CA

5,192
Population
1,694
Households
3.1
Avg Household Size
46
Median Age
20%
College-Educated
64%
High-School Grad
2.0 sq mi
ZIP Area
2,596
Density / Sq Mi
$32,250
Median Household Income
$35,528
Median Earnings
$984
Median Rent
$1,075,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Land with redevelopment potential, heavy power, and transit access.
Where is this land located?
The property is located at 1339-1341 E Washington Blvd. and 1332 1336 1340 E 18th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,989,600.
What are key features of this property?
This property features: Metro Blue Line Directly In Front of Property/Station 2; Located in Federal Opportunity Zone: TOC Tier 3; Ideal Redevelopment Opportunity
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