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Gated Parking Lot with SB8

744 S Carondelet Street Los Angeles, CA 90057

744 S Carondelet Street, Los Angeles, CA, 90057
$1,100,000
For Sale
$1,100,000

7,500 sq. ft. fenced and gated parking lot with 50 feet of frontage and alley access, positioned for SB8 projects.

Days on Market96

Property Features for 744 S Carondelet Street

General Information

Standard status
Active
Property subtype
Lots/Land
Listing agency Marcus & Millichap
Listed by Jon Emrani · License #01427038
Source Exitrealty
Added: Apr 18 Updated: Jul 21 at 1:08AM Checked: Jul 21 at 4:40AM

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 Marcus & Millichap


Investment Insights

Based on property information with market context.

This 7,500 sq. ft. parking lot is fenced and gated, and it has been prepared as a buildable site. The property features 50 feet of frontage with alley access, and the current site setup is described as requiring no structure demolition or tenant relocation.

The site is identified as having SB8 status, a Qualified Opportunity Zone designation, and a Tier 3 TOC designation with a 95 walk score. The owner has completed work to prepare the lot for development.

With alley access and the ability to operate the existing gated parking setup, the property can be utilized as parking while aligning with the stated entitlement framework for future redevelopment.

Key Highlights

  • 7,500 sq. ft. fenced and gated parking lot with 50 feet of frontage and alley access
  • SB8 status and Qualified Opportunity Zone location
  • Tier 3 TOC designation with a 95 walkscore

Property Analytics

Location Intelligence

Current Use by Public Records

Parking lots & garages

Suggested Use

(Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Buffet Clothing & Fashion Store Adult Day Care Restaurant (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Truck Rental Center at The Home Depot — 1675 Wilshire Blvd, Los Angeles, CA 90017
  • Hollywood Rent A Car — 2502 W Olympic Blvd, Los Angeles, CA 90006
  • LAX Rent A Car — 2975 Wilshire Blvd, Los Angeles, CA 90010
  • Rent King — 2975 Wilshire Blvd #350, Los Angeles, CA 90010
  • Lee Car Rental — 3251 W 6th St #300-D, Los Angeles, CA 90020

FAQs

What type of property is this?
Parking lot & garage - 7,500 sq. ft. fenced and gated parking lot with 50 feet of frontage and alley access, positioned for SB8 projects.
Where is this parking lot & garage located?
The property is located at 744 S Carondelet Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 7,500 sq. ft. fenced and gated parking lot with 50 feet of frontage and alley access; SB8 status and Qualified Opportunity Zone location; Tier 3 TOC designation with a 95 walkscore
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