1040-1050 S. Olive Street consists of 16,650 sq/ft of classic brick construction with stucco – (5) short term tenants, 217 W. 11th Street consists of 5,472 sq/ft (2) Story structure – 1991 construction – leased to Los Angeles Job Corps. Zoning – (Q]R5-4D-O. Proposed 227 Micro Units Development Project – 13,000 sf of Commercial Space & 230 Car Parking.
The property is centrally located in Downtown Los Angeles. The Property is conveniently located within a minutes walk California Hospital, L.A. Live, Staples Center, LA Live and the Financial District. Bus and light-rail, with the Metro services are immediately available Blue Line Grand Station located walking distance from the property. Great access to #10 & #110 Freeways. This is a great future development opportunity for owner/users and investors to acquire.