774 N Broadway Los Angeles, CA 90012

Listing office Colliers - Los Angeles - Downtown, California Show Phone

Listing date Jul 26, 2022

Source Crexi

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Investment Insights

Based on property information with market context.

Available for sale is a redevelopment land opportunity located at 774 N. Broadway in the Chinatown neighborhood of Downtown Los Angeles (DTLA). The property, totaling approximately 26,403 square feet, presents a rare acquisition opportunity in the area. Chinatown is described as the heartbeat of Downtown Los Angeles, with its revitalization beginning over 20 years ago. The arrival of LA Live and the Staples Center, home of the Los Angeles Lakers, has served as a central point for Downtown Los Angeles, attracting visitors. Following the construction of Staples Center in South Park, the downtown area has seen an increase in restaurants, museums, theaters, and hotels. Residential towers such as the Blossom Plaza, LA Plaza Village, and Llewellyn have also been developed, providing DTLA and Chinatown with a resident base.

Key Highlights

• Redevelopment land opportunity in Downtown Los Angeles' Chinatown.
• Large lot size: approximately 26,403 square feet.
• Located in a resurgent area of DTLA with growing attractions.

Property Analytics

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FAQs

What type of property is this?

Commercial land - Rare redevelopment land opportunity in Downtown Los Angeles' Chinatown.

Where is this commercial land located?

The property is located at 774 N Broadway Los Angeles, CA.

What is the asking price?

The asking price for this property is $8,250,000.

What are key features of this property?

This property features: Redevelopment land opportunity in Downtown Los Angeles' Chinatown.; Large lot size: approximately 26,403 square feet.; Located in a resurgent area of DTLA with growing attractions.