Downtown L.A. Land for Sale

Downtown L.A. Land for Sale

Welcome to the vibrant heart of Downtown Los Angeles, a dynamic area where urban sophistication meets rich cultural heritage. This bustling district is not only the economic hub of Los Angeles but also a melting pot of creativity, innovation, and diversity. With its iconic skyline, Downtown L.A. boasts a unique blend of historic architecture and modern design, making it an exciting place to live, work, and play.

Imagine owning a piece of land in this thriving metropolis! Opportunities abound for those looking to invest in real estate in Downtown L.A. The land for sale here offers a blank canvas for your vision—be it a chic residential development, a trendy commercial space, or a mixed-use project. With the ongoing revitalization efforts and a steady influx of residents, the demand for quality real estate in this area continues to soar.

Downtown L.A. is home to world-class dining, entertainment, and cultural institutions. From the iconic Walt Disney Concert Hall to the bustling Grand Central Market, there’s always something to explore. The area is also well-connected, with easy access to public transportation, making commuting a breeze.

As you consider your investment, envision the possibilities that come with owning land in such a sought-after location. Whether you’re looking to build your dream home or a lucrative business venture, Downtown Los Angeles is the perfect backdrop for your aspirations. Don’t miss this chance to be part of a vibrant community that’s constantly evolving and thriving. Your future in Downtown L.A. awaits!

Newest Downtown L.A. Land for Sale

1725 E Florence Ave, Los Angeles
$1
ACTIVE Status
*CALL FOR OFFERS* || Kidder Mathews is pleased to present 1725 E Florence Avenue, a vacant multifamily development site situated in the unincorporated community of Florence-Graham in South Los Angeles, governed by Los Angeles County rather than the City of Los Angeles. The site is currently vacant and ready for development, positioned within a community that Los Angeles County has actively prioritized for housing production through its Housing Element and Metro Area Plan, reflecting a supportive regulatory environment for new multifamily development. || The property sits directly adjacent to the Metro A Line Florence Station, one of the original light rail stations on the A Line connecting Downtown Los Angeles to Long Beach. The Florence corridor has attracted meaningful transit-oriented investment in recent years, with multiple affordable and mixed-income housing developments underway in close proximity, reflecting growing institutional and public sector confidence in the submarket. Florence-Graham is one of the densest communities in Los Angeles County, home to over 60,000 residents across just 3.5 square miles, underscoring the depth of housing demand in the immediate area. || *As an unincorporated LA County site, the project falls outside the City of Los Angeles, meaning Measure ULA does not apply and new construction is exempt from the County's Rent Stabilization Ordinance, providing full flexibility on rents at delivery and through lease-up.* || The site has received RTI approval for a 135-unit multifamily development inclusive of a leasing office, with no minimum parking requirement, meaning all discretionary entitlement hurdles have been cleared and a developer can proceed directly to permit issuance and construction. This eliminates the entitlement timeline that commonly adds significant time and cost to a development project in Los Angeles. The property falls within the Florence-Firestone Transit Oriented District Specific Plan, a framework adopted by the LA County Board of Supervisors in 2023 specifically to encourage multifamily and mixed- use development within a half-mile radius of the A Line's Florence, Slauson, and Firestone stations. The site also sits within the Metro Area Plan coverage area, LA County's long-range planning document adopted in 2024 that streamlines land use regulations across seven unincorporated communities to support housing production and transit-oriented growth. The combination of a clear entitlement path, transit adjacency, and a supportive planning framework makes this a compelling opportunity for a developer ready to execute.

1725 E Florence Ave, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Scott Rosenberg - CA DRE#01456686

3042 Royal St, Los Angeles
$1,395,000
ACTIVE Status
We are pleased to present 3042 Royal St., an exceptional development opportunity in one of the most sought-after pockets of the USC student housing market, just steps from USC Village and the University of Southern California. Situated on a 5,424 SF lot with valuable alley access, the property offers a rare combination of location, zoning, and development flexibility. Located in an area where well-designed student housing can command premier rents, the property offers developers multiple potential paths to maximize the site. LAR3-zoned development sites are extremely rare within the USC student housing submarket, making the property particularly attractive for developers seeking density in a highly constrained location. The property allows for up to 6 units by right plus ADUs and is also located within a TOC Tier 3 designation, providing the potential for up to 12 TOC units plus ADUs, subject to buyer verification. Importantly, the property has been vacant for more than five years, potentially allowing a developer to redevelop the site without replacement affordable housing requirements and pursue a fully market-rate student housing project, subject to buyer verification. Alternatively, a buyer may explore renovating and expanding the existing approximately 1,566 SF structure, creating additional density while preserving and enhancing the existing improvements. With strong housing demand driven by USC, the potential to achieve premier student housing rents, LAR3 zoning, TOC Tier 3 incentives, alley access, and multiple redevelopment strategies, 3042 Royal St. represents a compelling opportunity to develop or reposition a property in the heart of the USC student housing market.

3042 Royal St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Adam Shamooelian - CA DRE#02116849

3015 Shrine Pl, Los Angeles
$2,395,000
ACTIVE Status
We are pleased to present 3015 Shrine Pl., a premier development opportunity located in the heart of the USC student housing market, just moments from USC Village and the University of Southern California. Positioned on an expansive 10,071 SF lot with alley access, the property offers developers a rare chance to acquire a large LAR3-zoned site with multiple redevelopment strategies in one of the most supply-constrained areas surrounding USC. The property's LAR3 zoning allows for up to 12 units by right plus ADUs, while its TOC Tier 3 designation provides the potential for up to 23 TOC units, subject to buyer verification. LAR3 development sites of this scale are extremely difficult to find within the USC student housing submarket, creating an attractive opportunity for a developer seeking to build a higher-density project capable of commanding premier student housing rents. At approximately $238 per land square foot, the property offers an attractive entry basis for a large, premium LAR3-zoned development site with TOC Tier 3 incentives in the USC student housing market. Another key advantage is the property's occupancy history. 3015 Shrine Pl. is currently vacant and has not been rented at any point during the past five years, potentially providing a path to redevelopment without replacement affordable housing requirements and allowing for a fully market-rate student housing project, subject to buyer verification. For buyers looking to pursue an alternative strategy, the existing approximately 1,988 SF structure may also provide an opportunity for renovation, expansion, and the addition of further density while retaining the existing improvements. With its substantial lot size, LAR3 zoning, TOC Tier 3 incentives, alley access, favorable vacancy history, compelling land basis, and proximity to USC, 3015 Shrine Pl. offers a unique opportunity to create a significant student housing project in one of the strongest rental pockets surrounding the University.

3015 Shrine Pl, Los Angeles

Courtesy of Keller Williams Beverly Hills, Adam Shamooelian - CA DRE#02116849

964 Jefferson Blvd, Los Angeles
$1,549,000
ACTIVE Status
964 E Jefferson Blvd presents a Ready-to-Issue ED-1 development opportunity in South Los Angeles, offered at $25K per buildable unit and positioned for developers seeking a low-basis project with entitlement progress already in place. The property consists of an 8,950 SF C2-1-CPIO Tier 1 zoned corner lot with RTI plans for a 71-unit, 5-story multifamily project, with potential for 2 additional ADUs after Certificate of Occupancy. The proposed development includes approx. 29,000 SF of total building area, approx. 25,085 SF of rentable residential area, and approx. 831 SF of additional ADU rentable area possible. The project has been planned with a modern contemporary design, a straightforward stacked layout, and Type III construction built on slab at grade. The unit mix includes studios, 1-bed, and 2-bed residences, creating a practical housing program for renters seeking access to USC, Exposition Park, Downtown Los Angeles, and nearby transit. The project is designed without on-site car parking, supported by a walkable, bikeable location with transit access, giving the future building a clear position within a renter market increasingly shaped by mobility, affordability, and proximity to major destinations. Located on a highly visible corner near Synergy Charter Academy and approx. one block from the Los Angeles Police Department Newton Community Police Station, 964 E Jefferson Blvd benefits from convenient access to the 110 Freeway, USC, BMO Stadium, the LA Memorial Coliseum, Downtown Los Angeles, and the Arts District. The property is also approx. 1.3 miles from the Jefferson/USC Metro light rail station, giving the future project a more specific transit connection within the broader USC and Exposition Park area. The corner orientation also gives the proposed building stronger visibility, better natural light, and a more defined street presence than a typical mid-block development site. With RTI status, ED-1 density, approx. 25,085 SF of planned rentable residential area, potential ADU expansion, no on-site car parking, and a low $25K per buildable unit basis, 964 E Jefferson Blvd offers developers a defined path toward execution in a connected South Los Angeles location just south of Downtown Los Angeles.

964 Jefferson Blvd, Los Angeles

Courtesy of Compass, Max Berger - CA DRE#02054048

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