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Highlights:
  • 1.76 Acre Prime Multi-Family Development Site located in Lincoln Heights.
  • Frontage along the LA River with views of downtown LA.
  • Located near the intersection of Pasadena Avenue and Broadway. Just north of Chinatown and in the shadow of Dodger Stadium.
  • Immediate access to Interstate 5 and the 110 Freeway.
  • Zoned (“UV”) Urban Village, in accordance with the Cornfield Arroyo Specific Plan.
  • The “by rights” zoning allows for a 1.5 FAR of which 90% can be multifamily, with 10% dedicated to retail.
  • River Buffer Zone designation allows for the building footprint to be 50% of the size of the parcel.
  • Comprised of Assessor Parcel Numbers: 5447-019-003; 004; 005; 008
  • Purchase Price: Unpriced
NAI Capital David H. Young, SIOR
Senior Vice President
818.905.2400 ext. 201
dyoung@naicapital.com
BRE License #00914504
Chad Gahr, SIOR
Senior Vice President
818.905.2400 ext. 126
cgahr@naicapital.com
BRE License #01230414
16001 Ventura Blvd.
Suite 200
Encino, California 91436
tel   818.905.2400
fax  818.905.2425
No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. Cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein.
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