$17,500,000
 $93,944 est/mo Sourced by Back At You

1247 W 7th,Los Angeles, CA 90017

Los Angeles, CA 90017

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Description

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.

Details

MLS #TR26134876
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site72
Listing Provided ByHarvest Realty Development | Yang Tang

Features

ZoningC4/CW
Acreage1.03
Property ViewYes

Exterior

Lot FeaturesFlag Lot

Location

Community FeaturesSidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90017
AreaC42 Downtown L.A.
Listing VS Median (in 90017)
Price:
$17,500,000
low | high
Med:
$2,100,000
100% of Average
On site:
72
low | high
Med:
755
9.53642384106% of Average
Sourced by Back At You

Market Activity 90017

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90017
AreaC42 Downtown L.A.
Listing VS Median (in 90017)
Price:
$17,500,000
low | high
Med:
$2,100,000
100% of Average
On site:
72
low | high
Med:
755
9.53642384106% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $13.125M - $21.875M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
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715 Witmer
Los Angeles, CA 90017
715 Witmer Property Photo 1
$488,888
715 Witmer
Los Angeles, CA 90017
Listing Updated: August 21, 2026 at 11:08:56 PM PDT