Downtown L.A. (C42) Land for Sale

Downtown L.A. (C42) Land for Sale

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Newest Downtown L.A. (C42) Land for Sale

$1,800,000
26849877 MLS Active Status
We are pleased to present an exceptional development opportunity in Downtown Los Angeles. Rare vacant corner lot located at 1400 W Miramar St, offering approximately 8,454 square feet with dimensions of roughly 60' x 141'. Zoned CW (comparable to R4 zoning) and situated within a TOC Tier 2 zone, this property presents a compelling opportunity for developers seeking a multifamily or affordable housing project in a rapidly growing urban corridor. The site has been vacant for over five years, eliminating the need for tenant relocation and avoiding complications associated with occupied properties. Current zoning allows for approximately 21 residential units by right, with the potential for up to 43 units utilizing TOC incentives and ADUs (buyer to verify). The property may also be a strong candidate for an ED1 100% affordable housing development.Ideally positioned in the heart of Downtown Los Angeles, this centrally located property offers convenient access to major employment centers, public transportation, shopping, dining, entertainment, and essential city services. Just minutes from some of LA's premier destinations, including LA Live, Crypto.com Arena, and the Los Angeles Convention Center, the site benefits from a vibrant mix of restaurants, retail, nightlife, and cultural attractions. With easy access to major freeways and numerous employment hubs, its strategic location and development-friendly characteristics make it a standout opportunity for investors and builders seeking to capitalize on the continued demand for housing in one of Southern California's most dynamic urban markets. Buyer to independently verify all zoning, development potential, density bonuses, TOC incentives, ED1 eligibility, and applicable building requirements with the City of Los Angeles. Contact listing agent for additional information.

1400 W Miramar Street, Los Angeles

$1,695,000
26844757 MLS Active Status
964 E Jefferson Blvd presents a Ready-to-Issue ED-1 development opportunity in South Los Angeles, offered at $25K per buildable unit and positioned for developers seeking a low-basis project with entitlement progress already in place. The property consists of an 8,950 SF C2-1-CPIO Tier 1 zoned corner lot with RTI plans for a 71-unit, 5-story multifamily project, with potential for 2 additional ADUs after Certificate of Occupancy. The proposed development includes approx. 29,000 SF of total building area, approx. 25,085 SF of rentable residential area, and approx. 831 SF of additional ADU rentable area possible. The project has been planned with a modern contemporary design, a straightforward stacked layout, and Type III construction built on slab at grade. The unit mix includes studios, 1-bed, and 2-bed residences, creating a practical housing program for renters seeking access to USC, Exposition Park, Downtown Los Angeles, and nearby transit. The project is designed without on-site car parking, supported by a walkable, bikeable location with transit access, giving the future building a clear position within a renter market increasingly shaped by mobility, affordability, and proximity to major destinations. Located on a highly visible corner near Synergy Charter Academy and approx. one block from the Los Angeles Police Department Newton Community Police Station, 964 E Jefferson Blvd benefits from convenient access to the 110 Freeway, USC, BMO Stadium, the LA Memorial Coliseum, Downtown Los Angeles, and the Arts District. The property is also approx. 1.3 miles from the Jefferson/USC Metro light rail station, giving the future project a more specific transit connection within the broader USC and Exposition Park area. The corner orientation also gives the proposed building stronger visibility, better natural light, and a more defined street presence than a typical mid-block development site. With RTI status, ED-1 density, approx. 25,085 SF of planned rentable residential area, potential ADU expansion, no on-site car parking, and a low $25K per buildable unit basis, 964 E Jefferson Blvd offers developers a defined path toward execution in a connected South Los Angeles location just south of Downtown Los Angeles.

964 Jefferson Boulevard, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.