109 W 14th Pl
Los Angeles, CA 90015
We are proud to exclusively represent a premier commercial and residential development site at 109 W 14th Pl, Los Angeles, CA 90015.
Sales Price $2,300,000
Beds
0
Baths
0
Home Size
Sq. Ft.
Lot Size
9499 Sq. Ft.
We are proud to exclusively represent a premier commercial and residential development site at 109 W 14th Pl, Los Angeles, CA 90015.
This 9,499 SF vacant lot, zoned [HB2-G1-5] [CX3-FA] [CPIO-O], presents an exceptional opportunity for ground-up mixed-use, retail, or residential development. Currently vacant, the property is well-suited for 100% affordable housing projects, including those qualifying for Section 8 programs, addressing the increasing demand for affordable housing in Los Angeles. The property is in the Tier 8, Small Area Fair Market Rent (SAFMR) category, the site offers maximum potential rent benefits, making it an ideal investment for developers focused on affordable housing. With an impressive 92 Walk Score and 99 Transit Score, the property is located in a vibrant commercial and residential area near downtown Los Angeles, retail centers, and major transit routes. Its strategic position allows for no parking requirements in a redevelopment project, maximizing the site's buildable potential. Positioned within an Opportunity Zone, the site provides significant economic and tax advantages, including capital gains tax incentives and long-term investment growth potential. These benefits, combined with its prime location and strong market demand, make it highly attractive to developers and investors. Located in the heart of Downtown Los Angeles, this property is surrounded by a vibrant mix of commercial and residential developments, offering exceptional connectivity to major highways and public transit. With valuable incentives like no parking requirements and density bonuses, it provides a prime opportunity to maximize development potential.
This home located at 109 W 14th Pl is currently active and has been available on pardeeproperties.com for 28 days. This property is listed at $2,300,000. It has 0 beds and 0 bathrooms. 109 W 14th Pl is in the Downtown L.A. community of Los Angeles County.
Quick Facts
- 28 days on market
- Total parking spaces Car
- Community | Downtown L.A.
- MLS# | 25515137
Features
- Has View
- City Lights, City Views
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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