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Land For Sale • 1.37 AC
The property consists of approximately 1.37 acres located at 511 N Grand Avenue and 700 W Cesar E Chavez Avenue in Los Angeles, California. It is situated near the 101 Freeway and within proximity to the Civic Center, Little Tokyo, and Chinatown. The site is entitled for a 22-story building with residential and retail components. Current zoning is C2-2D and R5-2D within the Central City community plan area. The property includes multiple parcels and currently has an operating quick-service restaurant on a month-to-month lease.
| Located at the intersection of Grand Avenue and W Cesar E Chavez Ave with direct 101 Freeway access. |
| Entitled for a 22-story tower with 299 residential units and 8,000 SF of retail space. |
| Surrounded by cultural hubs, including Little Tokyo, Chinatown, and the Civic Center. |
| Zoning and TOC incentives allow for high-density multifamily or mixed-use development. |
| Walking distance to Metro rail stations and major DTLA attractions. |
| Current income from an existing tenant during entitlement phase. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 3 min | 12 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)) | 4 min | 16 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 24 min | - | 16.1 mi |
| Los Angeles International | 27 min | - | 18.9 mi |
| Long Beach (Daugherty Field) | 33 min | - | 24.0 mi |
William Yao
eXp Commercial
William Yao
eXp Commercial
