DTLA OFF MARKET DEVELOPMENT OPPORTUNITY

1202, 1208, 1210 & 1214 W 8th Street, Los Angeles, CA 90017

The site comprises of approximately 32,500 SF of commercial zoned land at the corner of 8th Street and Garland Ave. This prime location is adjacent to many of the major developments taking place in Downtown and Westlake, respectively. This prime location can be universally recognized as a dynamic redevelopment opportunity. Centrally located between the 10 and 110 freeways, this location is a gateway to the robust neighborhood it inhabits and the future of Downtown LA


Opportunity to Create a High-density multifamily, hotel, retail or office mixed-use with a Floor Area Ratio (FAR) of 9:1. With nearly 100 development projects, including roughly 20 high-rise residential towers. As a result, Downtown LA's population is expected to quadruple in the next 10 years. High-end hotels, award-winning restaurants, prominent retailers and important technology companies from around the world have all entered the market - all of whom will contribute to Downtown's reemergence as a world-class city center. No other US gateway city offers more growth potential and value appreciation than Downtown Los Angeles.

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Highlights

  • Property #1
  • Banquet Hall
  • Property #2
  • Commercial / Stores & Residential property
  • Owned with a different owner
  • It may have approximately $5k/month income
  • Property #3
  • Commercial / Parking Lot
  • About $3k/month income
  • Property #4
  • 37 Unit Building with ground floor retail
  • $32,000 Gross Income
  • Completely remodeled in 2010 to City Codes
  • 13 Units with full Bathrooms
  • 24 Units with shared Bathrooms (2Bathrooms/2Showers per floor)
  • The market has 6 years remaining on the lease
  • The market can vacant early with 6 months notice of vacant and 50,000 Penalty

Contacts

broker

Frank Lahijani

broker

Vee Sookiasian

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Westlake
  • Zip Code 90017
  • Market Los Angeles

Points of Interest

  • 7th Street/Metro Center

    0.56 miles

  • Pico

    0.62 miles

  • Westlake/MacArthur Park

    0.70 miles

  • Pershing Square

    1.02 miles

  • Wilshire/Vermont

    1.58 miles

  • Chinatown

    2.10 miles

  • Chinatown Station

    2.11 miles

  • Vermont/Beverly

    2.32 miles

  • Expo Park/USC

    2.38 miles

  • Mariachi Plaza Metro Station Entrance

    2.81 miles

  • 76

    0.28 miles

  • Shell

    0.60 miles

  • Chevron

    1.10 miles

  • Chevron

    1.15 miles

  • Chevron

    1.21 miles

  • Arco

    1.34 miles

  • Arco

    1.44 miles

  • Shell

    1.46 miles

  • Shell

    1.48 miles

  • Chrevron

    1.62 miles

  • West Garage

    0.30 miles

  • The Metropolitan Apartments Parking Garage

    0.49 miles

  • Metro Kiss and Ride

    0.66 miles

  • Dillingham lot

    0.71 miles

  • Westin Bonaventure Hotel Parking Garage

    0.73 miles

  • 444 South Flower Parking Garage

    0.76 miles

  • City National Plaza Parking Garage

    0.78 miles

  • Venice Parking Garage

    0.79 miles

  • PacMutual Parking Garage

    0.81 miles

  • 333 South Hope Parking Garage

    0.85 miles

  • The Mayfair Hotel

    0.18 miles

  • Hotel Indigo

    0.25 miles

  • Residence Inn

    0.28 miles

  • Courtyard

    0.29 miles

  • The Ritz-Carlton

    0.29 miles

  • JW Marriott Los Angeles L.A. Live

    0.30 miles

  • Figueroa Hotel

    0.36 miles

  • Hotel Solaire

    0.42 miles

  • Luxe Hotel

    0.43 miles

  • O Hotel

    0.46 miles

  • Great Thai

    0.18 miles

  • WP24 by Wolfgang Puck

    0.29 miles

  • Trader Vic's

    0.33 miles

  • Yard House

    0.34 miles

  • Original Pantry Cafe

    0.37 miles

  • Mr. Masala

    0.38 miles

  • Rock N Fish

    0.38 miles

  • Flanigan's

    0.38 miles

  • Smashburger

    0.39 miles

  • ESPN Zone

    0.41 miles

  • Loyola University

    0.17 miles

  • Immaculate Conception School

    0.20 miles

  • Cambria Adult School

    0.24 miles

  • Tenth Street Elementary School

    0.33 miles

  • John H. Liechty Middle School

    0.34 miles

  • Bishop Johnson College of Nursing

    0.40 miles

  • Esperanza Elementary School

    0.43 miles

  • Golden Gate University

    0.44 miles

  • Fashion Institute of Design & Merchandising

    0.59 miles

  • Fashion Institute of Design and Marketing

    0.60 miles

  • HIC Daycare

    1.91 miles

  • Ralph M. Parsons Preschool

    2.87 miles

  • Komitas

    3.69 miles

  • Neighborhood Nursery School

    3.78 miles

  • Gates Early Education Center

    3.96 miles

  • Vernon Adult Day Program

    4.22 miles

  • Vine Street Early Education Center

    4.37 miles

  • Centro de Ninos

    6.22 miles

  • Play Mountain Place

    6.30 miles

  • Valentina's Preschool

    6.38 miles

Frequently Asked Questions

How much does DTLA OFF MARKET DEVELOPMENT OPPORTUNITY cost?

The sale price for DTLA OFF MARKET DEVELOPMENT OPPORTUNITY is available upon request. Contact the listing broker for more information.

What is the total square footage of DTLA OFF MARKET DEVELOPMENT OPPORTUNITY?

DTLA OFF MARKET DEVELOPMENT OPPORTUNITY totals 32,000 square feet.

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