Land For Sale • 0.41 AC
February 23: Bidding Opens at 9:00 a.m. (ET) February 25: Bidding Closes at 5:00 p.m. (ET) On-Site Inspections: By Appointment Only Located within an Opportunity Zone, this assemblage of three contiguous parcels, totaling 0.41± acres, are located right off W. Pico Blvd on the edge of Koreatown and Harvard Heights. Investors and developers have an incredible opportunity to acquire nearly half an acre in a downtown Los Angeles neighborhood poised for growth, as the area is currently undergoing rapid development. Previous ownership proposed a 100% affordable housing development consisting of a five-story, elevator-served building with 75 residential units and 12 parking spaces. Future ownership can complete the project under the prior development plans or utilize the site to turn their own vision into a reality. Hilco Real Estate CA, Inc. License ID 02104676
| Previously slated for a 5-story, 75-unit multifamily development |
| Heavily traveled area of W. Pico Blvd. & S. Normandie Ave. |
| Easy access to two major interstates (I-10 & I-110) |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 11 min | - | 5.6 mi | |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 13 min | - | 5.8 mi |
| Transit/Subway | Drive | Walk | Distance |
| Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 22 min | - | 12.4 mi |
| Bob Hope | 25 min | - | 13.1 mi |
| Long Beach (Daugherty Field) | 33 min | - | 23.5 mi |