Land For Sale • 3.67 AC
Exceptional opportunity to control prime commercial real estate in Lincoln Heights. Property is part of a larger development that includes a newly built 97 unit affordable housing apartment complex (has recently officially received TCO from the city - see Offering Memorandum for more details) providing exceptional daily traffic along with strong neighborhood demographics. Ideally situated for an owner-user as grocery tenant, medical office practice (including out-patient surgery), and/or gym, as well as multiple other uses, this vacant land can be built-to-suit. Property is conveniently located near mass transit, Keck Hospital of USC, and major freeways. The Property, which consists of two separate areas within a Master Parcel, is marketed as one project, but they can be negotiated separately (see Offering Memorandum for more details).
New mixed-use project set to complete later in 2024 with variety of opportunities to be a part of this exciting new project! |
DEVELOPMENT HAS OFFICIALLY RECEIVED TCO! |
PROPERTY TYPE 1 - Land Lease: Vacant land includes city approved plans for 5 story parking structure + medical office |
PROPERTY TYPE 2 - Air Rights Sale OR Lease: Ground floor commercial space ideal for gym/grocery/retail with 97 unit apartment complex above |
PROPERTY TYPE 3 (Master Parcel Sale)- Full acquisition of the entire master parcel including all of OPTION 1 & 2. MF units from mixed-use not included |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 5 min | - | 2.1 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)) | 6 min | - | 2.2 mi |
Airport | Drive | Walk | Distance |
Bob Hope | 23 min | - | 16.1 mi |
Los Angeles International | 30 min | - | 18.4 mi |
Long Beach (Daugherty Field) | 32 min | - | 21.8 mi |