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Entitled Mixed-Use Development Site

2016 BAY ST, Los Angeles, CA 90021

For Sale
Contact for pricing

Plans call for live-work residences alongside retail, restaurant, and office space.

Property SizeContact for details
Lot Size1.42 Acres
Days on Market28

Property Features for 2016 BAY ST

General Information

Standard status Active
Lot size 1.42 Acres
Property subtype Industrial

Site & Location

Neighborhood Downtown

Additional Details

Tenant in Place Yes
Listing Agency: Colliers - Los Angeles - Downtown, California
Listed By: Juan Najera · License #CA 02156321
Source: Crexi
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 4:22PM

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 Colliers - Los Angeles - Downtown, California

Rey
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Investment Insights

Based on property information with market context.

The 1.42-acre property has entitlements for a mixed-use project with 106 live-work condominium units, including 12 designated affordable units. Approximately 119,845 square feet of commercial space is planned for retail, restaurant, and office uses. A three-level parking structure with 402 spaces is also part of the approved project configuration.

Existing improvements total approximately 21,600 square feet and are leased. This current occupancy accompanies the entitled development plan, which combines residential, commercial, and parking components on the site.

Key Highlights

  • 1.42‑acre mixed‑use development site with entitlements in place
  • 106 live‑work condominium units, including 12 designated affordable units
  • Approximately 119,845 square feet planned for retail, restaurant, and office uses

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ann King Mobile ... Party Supply Store

Suggested Use

Top Pick Dental Office Daycare Center Spa & Massage Center Acupuncture Tanning Salon Restaurant

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

3,084
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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Market

Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA

$481 Jul
$439 Aug
$442 Sep
$475 Oct

Properties on Market for Mixed-use properties in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Plans call for live-work residences alongside retail, restaurant, and office space.
Where is this mixed-use property located?
The property is located at 2016 BAY ST Los Angeles, CA.
What are key features of this property?
This property features: 1.42‑acre mixed‑use development site with entitlements in place; 106 live‑work condominium units, including 12 designated affordable units; Approximately 119,845 square feet planned for retail, restaurant, and office uses
(213) 417-3323 Call to check price and availability
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