109 W 14Th Place, Los Angeles, CA 90015 - Berkshire Hathaway HomeServices California Properties
109 W 14th Place Los Angeles, CA 90015
$2,300,000 0 beds, 0 baths
0 sqft

Agent Remarks

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 Details

Property type: (Lots/Land)
Status: Active
MLS# 25515137
List price is $2,300,000
Beds: 0
Baths: 0
0.22 acres
Lot size: 0.2181
County: Los Angeles
Zoning: [HB2-G1-5] [CX3-FA] [CPIO
MLS area: C42 - Downtown L.A.

Last Updated: 4/3/2025

 Find more Los Angeles homes and real estate

 Find more homes in 90015 zip code

This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.036168, -118.261278.
Find nearby listings


Listing Agent: Jordan Petito
Co Listing Agent: Navid Toomarian
Lic#: 01234982
Office Name: Mission Viejo

Area Map

Nearby Schools

No schools were found in the area