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726-740 Hartford Ave
Los Angeles, CA 90017

$6,500,000 USD

Land For Sale  •  0.43 AC

Property Details

  • Property Type Land
  • Lot Size 0.43 AC
  • Zoning R5(CW)-U/6
98 Transit Score
92 Walk Score

Description

Graded Lot, previous structures demolished. No need for Ellis or tenant relocation. The subject property is walking distance to two concert venues, Teragram Ballroom and The Bellweather LA. Popular Monty Bar and Hammy Burger are on the next block on 7th Street.
Staples Center/LA Live is a half mile away, as is the 7th St/Metro Center subway station. No Parking is Required. Potential for a ministerial entitlement process with maximum density. The immediate area around the project is home to many USC students This is an ideal location to purse an ED1 project, a developer can deliver a product affordable to residents who benefit from Downtown LA amenities and access to transit.

Highlights

R5 Zoning, 6:1 FAR with no Height Limit. 93 Unit BASE DENSITY
ED1 eligible for ministerial entitlement process with unlimited density via AB 2334. +/-225 Units Possible
TOC 3 Density= 159 Units
Low Price/Buildable Door
No tenant relocation, or demolition required
10 Minute Walk to LA Live, 7th Street Metro Center and DTLA

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 6 min - 2.5 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 - 2.6 mi
Transit/SubwayDriveWalkDistance
7Th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo 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)) 1 min 10 min 0.6 mi
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 16 min 0.8 mi
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 24 min - 14.4 mi
Bob Hope 25 min - 14.4 mi
Long Beach (Daugherty Field) 30 min - 22.6 mi
Oron Maher 415-378-5464 Maher Commercial Realty
Oron Maher 415-378-5464 Maher Commercial Realty