Vacant Corner Development
For Sale
$1,800,000
1400 Miramar Street, Los Angeles, CA 90026
Vacant corner lot with CW zoning and TOC Tier 2 overlay, offering entitlement potential for up to 43 units.
Property Size8,454 SF
Lot Size0.19 Acres
Price / SF$212.92
Days on Market67
Property Features for 1400 Miramar Street
General Information
Standard status
Active
Size
8,454 SF
Lot size
0.19 Acres
Property subtype
Land Lot
Zoning
CW
Additional Details
Highway Access
Yes
Amenities
No
Listing Agency:
Keller Williams Beverly Hills
(310) 651-1800
Listed By:
Daniel Shamooelian · License #01984269
(310) 651-1800
Source:
Compass
Added: Jun 4
Changed: Aug 8
Last Checked: Aug 8 at 5:38PM
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 Beverly Hills
Investment Insights
Based on property information with market context.
Development opportunity featuring a rare vacant corner lot in Downtown Los Angeles at 1400 W Miramar St. The site is approximately 8,454 square feet with dimensions of roughly 60' x 141' and has been vacant for over five years. Current zoning is identified as CW (comparable to R4 zoning), and the property is located within a TOC Tier 2 zone.
According to the provided information, zoning allows approximately 21 residential units by right. The seller also notes the potential for up to 43 units using TOC incentives and ADUs, subject to buyer verification. The property is also described as a potential candidate for an ED1 100% affordable housing development.
All development potential, density bonuses, TOC incentives, ED1 eligibility, and building requirements are to be independently verified by the buyer with the City of Los Angeles.
According to the provided information, zoning allows approximately 21 residential units by right. The seller also notes the potential for up to 43 units using TOC incentives and ADUs, subject to buyer verification. The property is also described as a potential candidate for an ED1 100% affordable housing development.
All development potential, density bonuses, TOC incentives, ED1 eligibility, and building requirements are to be independently verified by the buyer with the City of Los Angeles.
Key Highlights
- Vacant corner lot at 1400 W Miramar St in Downtown Los Angeles, vacant for over five years
- Approximately 8,454 SF lot with dimensions roughly 60' x 141'
- Zoned CW (comparable to R4) and located in TOC Tier 2 zone
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
10,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant corner lot with CW zoning and TOC Tier 2 overlay, offering entitlement potential for up to 43 units.
Where is this residential land & home lot located?
The property is located at 1400 Miramar Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Vacant corner lot at 1400 W Miramar St in Downtown Los Angeles, vacant for over five years; Approximately 8,454 SF lot with dimensions roughly 60' x 141'; Zoned CW (comparable to R4) and located in TOC Tier 2 zone
