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1337 W 11th Pl
Los Angeles, CA 90015 Pico-Union

$16,000,000 USD

Land For Sale  •  1.59 AC

Property Details

  • Property Type Land
  • Lot Size 1.59 AC
  • Zoning CM-1-O
90 Transit Score
80 Walk Score

Description

Six-Parcel Development Site and Surface Parking Property for Sale Near Downtown Los Angeles

G & S Group | KW Commercial is pleased to present 1313–1337 W. 11th Place, Los Angeles, California 90015, a six-parcel land assemblage totaling approximately 68,707 square feet, or 1.57 acres with CMO1 zoning. The offering consists of two sites positioned across W. 11th Place, with corner locations and frontage along three streets.

The property is paved, fenced and currently configured as an established surface parking operation with approximately 280 parking spaces. Its existing configuration may provide a buyer with the opportunity to continue operating public parking while evaluating longer-term plans for the property.

The site may also appeal to parking operators, EV-charging companies, fleet-charging operators and investors seeking a potential electric-vehicle charging parking facility in Los Angeles. Any EV-charging conversion would be subject to the buyer’s confirmation of electrical-service capacity, utility requirements, permitting, site design and governmental approvals.

For developers, the assembled parcels provide a substantial infill land opportunity near Downtown Los Angeles. Property marketing materials identify the zoning as Commercial Manufacturing and describe potential commercial, mixed-use and housing development possibilities. Buyers should independently verify zoning, allowable uses, development density, overlays, entitlements and applicable land-use regulations with the City of Los Angeles.

The property offers convenient access to the 110 Freeway near its convergence with the 10 Freeway and is located near major Downtown Los Angeles destinations, including Crypto.com Arena, L.A. LIVE and the Los Angeles Convention Center. These location characteristics may support continued event parking, commuter parking, EV charging or future redevelopment.

This offering provides multiple potential acquisition strategies:

Continue the existing surface parking use
Evaluate public or event-parking operations
Explore an EV-charging or fleet-charging facility
Hold the land for future redevelopment
Pursue a commercial, mixed-use or housing development concept

All proposed uses, improvements and development plans are subject to zoning, permits, entitlements, utility availability and governmental approval. Prospective buyers should independently verify all property information and conduct their own due diligence.

Contact Patrick Sharples with G&S Group—KW Commercial for offering information, parcel details, property tours and access to additional due-diligence materials.
The sale is subject to Bankruptcy Court approval.

Highlights

Six-Parcel Los Angeles Land Assemblage Totaling Approximately 68,707 SF—1.57 Acres - Subject to BK Court Approval
Paved and Fenced Surface Parking Operation with Approximately 280 Parking Spaces
Two Sites Positioned Across W. 11th Place with Corner Locations and Frontage Along Three Streets
Visible from and Conveniently Accessible to the 110 Freeway Near the 10 Freeway Interchange
Near Crypto.com Arena, L.A. LIVE and the Los Angeles Convention Center
Potential for Continued Public Parking, EV-Charging Parking or Future Development—Buyer to Verify

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.9 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)) 7 min - 3.3 mi
Transit/SubwayDriveWalkDistance
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 24 min - 13.8 mi
Bob Hope 25 min - 14.5 mi
Long Beach (Daugherty Field) 30 min - 22.1 mi
Patrick Sharples 714-293-2792 G&S Group - KW Commercial
Patrick Sharples 714-293-2792 G&S Group - KW Commercial