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511 Grand ave
Los Angeles, CA 90012 Chinatown

$20,000,000 USD

Land For Sale  •  1.37 AC

Property Details

  • Property Type Land
  • Lot Size 1.37 AC
  • Zoning C2-2D, R5-2D
100 Transit Score
93 Walk Score

Description 

Exceptional development opportunity at 511 N Grand Ave, showcasing 1.37 acres of prime real estate. Nestled conveniently off the 101 and 110 freeways, at the intersection of Grand Ave and W Cesar E Chavez Ave, this property comprises 5 parcels, one of which hosts an existing Burger King. Its strategic placement situates it just moments away from the bustling neighborhoods of Chinatown and Little Tokyo.
The potential new owner stands to benefit from the ability to restructure plans according to their vision facilitating a strategic pivot to seize upon the urgent demand for housing in the area. 
This offering represents a rare chance to acquire a substantial parcel in an immensely sought-after locale, ready for development that could leave a significant imprint on the thriving downtown landscape.

Highlights

High visibility from the 101 and 110 freeways
Multifamily Mixed-Use Development Opportunity
Minutes away from Chinatown and Little Tokyo

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 2 min 11 min 0.6 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)) 3 min 15 min 0.7 mi
Transit/SubwayDriveWalkDistance
Civic Center/Grand Park (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 8 min 0.5 mi
Grand Ave Arts / Bunker Hill Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles) 1 min 13 min 0.7 mi
Union Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 14 min 0.7 mi
Chinatown Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 14 min 0.8 mi
Historic Broadway Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles) 1 min 14 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 25 min - 15.7 mi
Bob Hope 22 min - 16.1 mi
Long Beach (Daugherty Field) 31 min - 24.0 mi
William Yao 626-841-2700 eXp Commercial
William Yao 626-841-2700 eXp Commercial