1316 Linwood AveLos Angeles, CA 90017

Property Details for 1316 Linwood Ave

Lot size

19,000.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0508

Longitude

-118.269

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