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    1316 Linwood Ave Los Angeles, CA 90017

    Sponsored
    For Sale
    Contact for pricing

    Prime DTLA location, high-density zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.43-acre (expandable to approximately 38,000 sq ft) lot at 1316 Linwood Ave, Los Angeles, CA 90017, presents a remarkable multifamily development opportunity. Located in the heart of Downtown Los Angeles' entertainment corridor, this property boasts a highly desirable urban infill location with convenient access to major freeways (I-10 and 110) and regional transportation. Zoned R5(CW)-U/6 within the Central City West Specific Plan, it allows for high-density multifamily residential development with a by-right density of 6:1 FAR and 217.8 units per acre. Currently featuring four tenants, the property offers a blank canvas for development, maximizing its potential. Its proximity to Crypto.com Arena, LA Live, the Convention Center, and Microsoft Theater ensures high visibility and strong demand. The location benefits from the ongoing development activity in the South Park district, known for its luxury residential, hotel, and office spaces. Furthermore, the property's strategic position offers easy access to major airports (Hollywood Burbank and LAX) and the Ports of Los Angeles and Long Beach. An additional 19,000 square feet of contiguous land is potentially available for assemblage, creating a larger, more rectangular parcel with enhanced development potential. This is a truly unique opportunity to capitalize on the vibrant growth of Downtown Los Angeles. APN: 5143-011-017.

    Property Features for 1316 Linwood Ave

    General Information

    Property type
    Land
    Lot Size
    827,640,000 SF

    HighLights

    • 1316 Linwood Ave, Los Angeles, CA 90017, APN 5143‑011‑017: 0.43‑acre multifamily development site, expandable to approximately 38,000 square feet.
    • High‑density R5(CW)-U/6 zoning in the Central City West Specific Plan, allowing for significant development potential.
    • Prime location near DTLA's entertainment corridor, within walking distance of Crypto.com Arena, LA Live, and the Convention Center.
    • Excellent access to regional transportation networks, including the 110 and I‑10 freeways, and proximity to major airports and seaports.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Law Firm Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2689403
    Latitude
    34.0508442

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    FAQs

    What type of property is this?
    Land - Prime DTLA location, high-density zoning.
    Where is this land located?
    The property is located at 1316 Linwood Ave Los Angeles, CA.
    What are key features of this property?
    This property features: 1316 Linwood Ave, Los Angeles, CA 90017, APN 5143-011-017: 0.43-acre multifamily development site, expandable to approximately 38,000 square feet.; High-density R5(CW)-U/6 zoning in the Central City West Specific Plan, allowing for significant development potential.; Prime location near DTLA's entertainment corridor, within walking distance of Crypto.com Arena, LA Live, and the Convention Center.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1316 Linwood Ave Los Angeles, CA 90017
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