Los Angeles, CA 90017 1517 W 8th Street

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Presented By: Adam Peterson with CB Richard Ellis, Inc.;
  • MLS# 24373943
  • 03/28/2024
  • Request Tour
  • Request Info

Home Details

Ultra Efficient RTI Development Site in City West. The Plaza Apartments @ City West, a 60-unit multifamily development opportunity in the Downtown Los Angeles submarket. The project is permit-ready and will be delivered with all reports, plans and approvals to the selected Buyer. Designed with area demand and cost consideration paramount, the project is extremely efficient with an average unit size of approximately 582 square feet and no subterranean parking. The project has been subjected to rigorous underwriting and is conceptualized with an intimate understanding of the market by seasoned local experts. Construction is 7-story type III-A with at- and above-grade parking and approximately 36,000sf of rentable area. A unit mix skewed towards studios and 1-bedrooms meets local demand head-on catering to young professionals and small families looking to live as close to Downtown Los Angeles as possible.
Presented By: Adam Peterson with CB Richard Ellis, Inc.;

Interior Features for 1517 W 8th Street

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixStreet

General for 1517 W 8th Street

Additional Parcels Y/NYes
Attached Garage No
Buyer FinancingCash
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market48
DirectionsNorth side of 8th St. between Union and Valencia
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet12889.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
New ConstructionNo
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street Name8th
TopographyLevel
ViewCityLights
View Y/NYes
Waterfront Y/NNo
ZoningLAC2

Exterior for 1517 W 8th Street

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions120x107
Lot FeaturesFlat
Lot Size Acres0.2959
Lot Size Area12889.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourceAssessor
Open Parking Y/NNo
SpaNo
Total Parking0.0

Additional Details

Price History

1527188455

First Team Client Services

Price $3,995,000
MLS#24373943
List Date 03/28/2024
Property Type Land
Phone 714.964.3311
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Request Info
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