1247 W 7th, Los Angeles, CA 90017
1247 W 7th, Los Angeles, CA 90017
1247 W 7th, Los Angeles, CA 90017
24
See all 24 photos
$17,500,000
Est. payment /mo
Save
1.03 Acres Lot
Price Dropped by $2.0M

1247 W 7th Los Angeles, CA 90017

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26134876

HOA Y/N No

Lot Size 1.034 Acres

Property Description

Exceptional DTLA Development Opportunity! Rare offering of two contiguous parcels totaling approximately 45,041 square feet in the highly sought-after Central City West / Westlake area of Downtown Los Angeles. APNs: 5143-020-013 and 5143-020-020.

Located in one of Los Angeles' fastest-growing urban neighborhoods, this premier site offers tremendous potential for future mixed-use or residential redevelopment. The property previously underwent an extensive planning and design process, and conceptual plans for a high-rise mixed-use residential project are available for review. While prior approvals have expired, the existing studies and plans may provide valuable insight for developers pursuing a new entitlement process.

Ideally situated near LA Live, Crypto.com Arena, the Financial District, major employment centers, dining, entertainment, and public transportation, the location boasts a Walk Score of 93 ("Walker's Paradise") and Transit Score of 95 ("Rider's Paradise"). Surrounded by ongoing redevelopment and new construction, this is a unique opportunity to secure a sizeable development site in the heart of DTLA.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning C4/CW

Interior

Fireplace No

Exterior

Community Features Sidewalks

View Y/N Yes

View City Lights

Present Use Parking Lot

Building

Lot Description Flag Lot

Water Other

New Construction No

Others

Senior Community No

Tax ID 5143020020

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Yang Tang Harvest Realty Development 909-289-5660, DRE #02129834

Go tour this home

1247 W 7th

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Herb Rim, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Experience Matters

Our team offers expert guidance and personalized service to make buying, selling, or investing in property smooth and stress-free. With deep market knowledge and a commitment to clear communication, we focus on achieving your real estate goals efficiently and effectively.

Trust

the best

  • 100
    Homes for Sale
  • $100000
    Sales Price
  • 100
    Total Listings
  • $100000
    Average Listing Price
};