109 W 14th Place 5133010002
Los Angeles, CA, 90015
$2,300,000
Beds
0 Baths
SqFt
0.22 Acres
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We are proud to exclusively represent a premier commercial and residential development site at 109 W 14th Pl, Los Angeles, CA 90015. This 9,499 SF vacant lot, zoned [HB2-G1-5] [CX3-FA] [CPIO-O], presents an exceptional opportunity for ground-up mixed-use, retail, or residential development. Currently vacant, the property is well-suited for 100% affordable housing projects, including those qualifying for Section 8 programs, addressing the increasing demand for affordable housing in Los Angeles. The property is in the Tier 8, Small Area Fair Market Rent (SAFMR) category, the site offers maximum potential rent benefits, making it an ideal investment for developers focused on affordable housing. With an impressive 92 Walk Score and 99 Transit Score, the property is located in a vibrant commercial and residential area near downtown Los Angeles, retail centers, and major transit routes. Its strategic position allows for no parking requirements in a redevelopment project, maximizing the site’s buildable potential. Positioned within an Opportunity Zone, the site provides significant economic and tax advantages, including capital gains tax incentives and long-term investment growth potential. These benefits, combined with its prime location and strong market demand, make it highly attractive to developers and investors. Located in the heart of Downtown Los Angeles, this property is surrounded by a vibrant mix of commercial and residential developments, offering exceptional connectivity to major highways and public transit. With valuable incentives like no parking requirements and density bonuses, it provides a prime opportunity to maximize development potential.
LISTING AGENT: Jordan Petito
LISTING BROKERAGE: Keller Williams Beverly Hills
109 W 14th Place 5133010002
Los Angeles, CA

Property Details

Price:
$2,300,000
MLS #:
25515137
Status:
Active
Baths:
0
Address:
109 W 14th Place 5133010002
Type:
Land
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Mar 5, 2025
State:
CA
ZIP:
90015
Lot Size:
9,499 sqft / 0.22 acres (approx)
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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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