DTLA OFF MARKET DEVELOPMENT OPPORTUNITY

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

  • For Sale Contact for pricing
  • Property Type Other
  • Additional Rent Contact for pricing
  • Date Updated Nov 4, 2024

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

    0.49 miles

  • 7th Street/Metro Center Station

    0.56 miles

  • Westlake/MacArthur Park

    0.70 miles

  • Pershing Square

    0.95 miles

  • Olive Street

    1.02 miles

  • Grand Avenue Arts/Bunker Hill

    1.04 miles

  • Hill Street

    1.06 miles

  • Grand/LATTC

    1.13 miles

  • Historic Broadway

    1.26 miles

  • Civic Center/Grand Park

    1.26 miles

  • 76

    0.28 miles

  • Shell

    0.60 miles

  • Chevron

    1.10 miles

  • Arco

    1.34 miles

  • Electric Vehicle Charging Station

    2.27 miles

  • FLO

    6.79 miles

  • Tesla Supercharger

    8.05 miles

  • Parking electrique

    8.08 miles

  • Culver City Supercharger

    8.23 miles

  • West Garage

    0.30 miles

  • FIGat7th

    0.32 miles

  • East Garage

    0.33 miles

  • The Metropolitan Apartments Parking Garage

    0.49 miles

  • Bond Lot

    0.58 miles

  • Employee Lot

    0.58 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

  • The Mayfair Hotel

    0.18 miles

  • City Center Motel

    0.23 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

  • Great Thai

    0.18 miles

  • Domino's

    0.23 miles

  • WP24 by Wolfgang Puck

    0.29 miles

  • Savoca

    0.32 miles

  • Yard House

    0.34 miles

  • Sol Agave

    0.35 miles

  • Katsuya

    0.37 miles

  • Original Pantry Cafe

    0.37 miles

  • Mr. Masala

    0.38 miles

  • Fleming's

    0.38 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

  • Evelyn T. Gratts Primary and Early Education Center

    0.53 miles

  • Fashion Institute of Design & Merchandising

    0.59 miles

  • HIC Daycare

    1.91 miles

  • San Antonio de Padua Academy Preschool

    2.78 miles

  • Morning Star Education Center

    2.81 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

  • Jim Gilliam Child Care Center

    5.50 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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