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1247 W 7th

Los Angeles, CA 90017
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SqFt45,041

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $17,500,000

AD Id : 85661052

MLS Id : TR26134876

Lot Size : 45,041 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 45041 Lot Size Acres: 1.034 Lot Size Source: Assessor Lot Size Square Feet: 45,041 Lot Description: FlagLot

  • Listing Price Information

    Listing Price: $17500000
    Original Price: $1950000
    Cash, Exchange1031

  • Tax Information

    Parcel Number: 5143020020 Tax Lot: 61

  • Location Information

    Direction: W on Wilshire, S on Lucas, W on 7th St. Subject land is on right hand side WaterSource: Other
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1310 W 6th Street, Los Angeles, CA, 90017 $4,495,000 -- -- -- 22,611 Sqft(Lot)
1306 Linwood Avenue, Los Angeles, CA, 90017 $4,000,000 -- -- -- 19,026 Sqft(Lot)

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ByOwner last updated this listing 08/11/2026 @ 18:56

MLS: TR26134876 LISTED BY: Yang Tang, Harvest Realty Development 626-593-7456 SOURCE: CRMLS

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