$19,500,000
About this home
Exceptional DTLA Development Opportunity! Rare offering of two contiguous parcels totaling approximately 45,041 square feet in the highly sought-after Central City West / Westlake area of Downtown Los Angeles. APNs: 5143-020-013 and 5143-020-020. Located in one of Los Angeles' fastest-growing urban neighborhoods, this premier site offers tremendous potential for future mixed-use or residential redevelopment. The property previously underwent an extensive planning and design process, and conceptual plans for a high-rise mixed-use residential project are available for review. While prior approvals have expired, the existing studies and plans may provide valuable insight for developers pursuing a new entitlement process. Ideally situated near LA Live, Crypto.com Arena, the Financial District, major employment centers, dining, entertainment, and public transportation, the location boasts a Walk Score of 93 ("Walker's Paradise") and Transit Score of 95 ("Rider's Paradise"). Surrounded by ongoing redevelopment and new construction, this is a unique opportunity to secure a sizeable development site in the heart of DTLA.
Facts & features
- Lot size
- 1.034 acres (45,041 sq ft)
- View
- City Lights
- Area
- C 42 - Downtown L.A.
- County
- Los Angeles
- Community features
- Sidewalks
- Status
- Active
- Property type
- Land
- Days on market
- 1
- Listed
- 2026-06-06
- Original price
- $1,950,000
- Terms
- Cash, Exchange 1031
- Parcel #
- 5143020020
- MLS #
- TR26134876
