Building Details

Year Built 1919

Buildings 2

Tenancy Multi

Listing Agency: Korus Real Estate m***@korusre.com Show Phone

Listed By: Mark Hong · License #CA

Source: Crexi

Added: Oct 2, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:18AM

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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 Korus Real Estate

Investment Insights

Based on property information with market context.

This property presents a multi-family, commercial, or mixed-use development opportunity. It is located in close proximity to downtown Los Angeles and the University of Southern California (USC). The site offers direct access to the Santa Monica (10) Freeway via Vermont Avenue. The location has a high population density, with 648,925 residents within a 3-mile radius. The property size is 7,362 square feet.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store

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

2,671

Businesses Nearby

Explore this area Business Placement

Demographics for 90007, CA

40,944

Population

14,153

Households

2.9

Avg Household Size

28

Median Age

29%

College-Educated

63%

High-School Grad

2.4 sq mi

ZIP Area

17,060

Density / Sq Mi

$36,032

Median Household Income

$21,176

Median Earnings

$1,480

Median Rent

$852,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Land available near downtown Los Angeles for multi-family or commercial development.

Where is this commercial land located?

The property is located at 1459 W Washington Blvd Los Angeles, CA.

What is the asking price?

The asking price for this property is $4,500,000.