Listing Agency: t***@lee-associates.com Show Phone

Listed By: Tim Wetzel · License #CalDRE #01001571

Source: Lee-associates

Added: Nov 26, 2025 Changed: Jul 6 Last Checked: Aug 6 at 4:44AM

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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 Tim Wetzel

Investment Insights

Based on property information with market context.

This 2.13-acre development site, comprising 92,701 square feet of land, is located in the Arts District. It features four leased buildings with short-term leases, providing in-place cash flow to cover expenses while working through the entitlement process. The site is located in a Qualified Opportunity Zone, potentially offering preferential tax benefits. It is situated at the intersection of Industrial Street, Alameda Street, and Mill Street. The property may be suitable for commercial and residential uses with a potential FAR of 3:1 to 6:1 under the DTLA 2040 Hybrid Industrial Zone.

Key Highlights

• Excellent Arts District Development Site: 92,701 Sq. Ft Land / 2.13 Acres
• DTLA 2040 to pass Hybrid Industrial Zone allowing commercial & residential uses with a potential FAR of 3:1 to 6:1
• Qualified Opportunity Zone: Preferential Tax Benefits

Property Analytics

Property Profile

Current Use

Fresco Foods, Inc Take-out & Catering Los Angeles Bilingual ... Nightclub

Suggested Use

Top Pick Dental Office Veterinary Clinic Daycare Center Pet Grooming Service Electrical Service Spa & Massage Center

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

4,043

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 2.13 acre development site in the Arts District.

Where is this land located?

The property is located at 1567 1581 1601 1717 Industrial St Los Angeles, CA.

What are key features of this property?

This property features: Excellent Arts District Development Site: 92,701 Sq. Ft Land / 2.13 Acres; DTLA 2040 to pass Hybrid Industrial Zone allowing commercial & residential uses with a potential FAR of 3:1 to 6:1; Qualified Opportunity Zone: Preferential Tax Benefits