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    774 Broadway Los Angeles, CA 90012

    Sponsored
    For Sale
    Contact for pricing

    Chinatown Commercial Lot - 26,403 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 26,403 square foot commercial land parcel is located at 774 N. Broadway in Los Angeles's vibrant Chinatown neighborhood. Zoned C2-2, it offers significant redevelopment potential, allowing for high-density multifamily or mixed-use development. The property benefits from Transit Oriented Communities (TOC) bonuses and is ideally situated near the Chinatown Metro Station and Union Station, providing convenient access to public transportation. Its prime location within walking distance of numerous amenities, including shops, restaurants, bars, and Dodger Stadium, adds to its desirability. Chinatown's established reputation for new, market-rate multifamily development, coupled with the influx of creative office spaces, makes this a highly attractive investment opportunity. The area's proximity to other desirable Los Angeles neighborhoods, such as Downtown LA, Echo Park, and Silverlake, further enhances its appeal. Abundant onsite parking is also available. The APN is 5408-024-007. This is a rare chance to acquire a substantial land holding in a rapidly evolving and highly sought-after area of Los Angeles.

    Property Features for 774 Broadway

    General Information

    Property type
    Land

    HighLights

    • 26,403 SF commercial land parcel in Los Angeles' Chinatown, APN 5408‑024‑007.
    • High‑density multifamily or mixed‑use development potential with C2‑2 zoning and Transit Oriented Communities (TOC) bonuses.
    • Walkable to Chinatown Metro Station, Union Station, shops, restaurants, bars, and Dodger Stadium.
    • Prime location near Downtown LA, Echo Park, and Silver Lake.
    • Established Chinatown market supports high‑rent multifamily development; influx of creative office space.
    • Abundant onsite parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    China Town Parking ... Parking Lot

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Daycare Center Food Market Skin Care Clinic 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
    -118.23803
    Latitude
    34.061943

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    FAQs

    What type of property is this?
    Land - Chinatown Commercial Lot - 26,403 SF
    Where is this land located?
    The property is located at 774 Broadway Los Angeles, CA.
    What are key features of this property?
    This property features: 26,403 SF commercial land parcel in Los Angeles' Chinatown, APN 5408-024-007.; High-density multifamily or mixed-use development potential with C2-2 zoning and Transit Oriented Communities (TOC) bonuses.; Walkable to Chinatown Metro Station, Union Station, shops, restaurants, bars, and Dodger Stadium.
    (213) 532-3268
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    774 Broadway Los Angeles, CA 90012
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    Los Angeles, CA 90012
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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
    774 Broadway Los Angeles, CA 90012
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