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    1840 Main St Los Angeles, CA 90015

    For Sale
    Contact for pricing

    0.47-acre prime commercial land, DTLA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 0.47-acre commercial land parcel presents a unique development opportunity in the heart of Downtown Los Angeles (DTLA). Located at 1840 S. Main Street, this vacant lot boasts a highly desirable C2-2D-O-CPIO zoning designation, making it suitable for a wide range of commercial projects. Its strategic location offers excellent visibility from the heavily trafficked I-10 Freeway, providing unparalleled access to the broader Los Angeles metropolitan area. The property is conveniently situated near key districts including South Park, the Fashion District, and within a short drive of the Financial District, Historic Core, and Arts District. Furthermore, the site benefits from readily available electrical power and qualifies for both EV charging station development and affordable housing initiatives. The property's APN is 5127-024-017. This is a rare chance to acquire a prime development site in one of Los Angeles's most dynamic and rapidly growing areas. The site is situated along the north side of East Washington Boulevard, between South Main Street and South Los Angeles Street, in Los Angeles County, CA, zip code 90015.

    Property Features for 1840 Main St

    General Information

    Property type
    Land
    Lot Size
    20,473 SF

    HighLights

    • Excellent I‑10 Freeway visibility.
    • Vacant 0.47‑acre land parcel.
    • Abundant electrical power availability.
    • Highly desirable C2‑2D‑O‑CPIO zoning.
    • Eligible for EV charging stations and affordable housing initiatives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    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
    -118.2642
    Latitude
    34.03131

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    FAQs

    What type of property is this?
    Land - 0.47-acre prime commercial land, DTLA.
    Where is this land located?
    The property is located at 1840 Main St Los Angeles, CA.
    What are key features of this property?
    This property features: Excellent I-10 Freeway visibility.; Vacant 0.47-acre land parcel.; Abundant electrical power availability.
    Request Owner's contact information
    1840 Main St Los Angeles, CA 90015
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    Los Angeles, CA 90015
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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
    1840 Main St Los Angeles, CA 90015
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