1782-1786 N Spring St, Los Angeles, CA 90031

1782-1786 N Spring St, Los Angeles, CA 90031

Los Angeles, CA
$3,300,000

Property Description

INVESTMENT HIGHLIGHTS

  • Two Parcels Totaling 17,175 SF of Land
  • Zoned LAUV
  • Located in CASP
  • Building Measures 7,037 SF
  • TOC Tier 1
  • Located in Opportunity Zone

EXECUTIVE SUMMARY

1786 N Spring St is an Office space located in Los Angeles, 90012. The property is located in CASP-Cornfield Arroyo Seco Specific Plan and in an Opportunity Zone. The size of the building is 7,037 SF and the lot size is 17,175 SF.
Recalibrating zoning regulations and incentives to incentivize affordable housing development more strongly; Identifying additional opportunity areas that could allow for affordable and mixed-income housing development; Updating the Specific Plan to reflect current and future demographic, regulatory, environmental, and economic conditions; and Updating the Specific Plan’s standards, processes, and procedures to be more intuitive and transparent.

 

Property Features

  • Sale Price: $3,300,000
  • Area Size: 7,037 Sq. Ft.
  • Land Area: 17,175 Sq. Ft.
  • Listing Date: 10/20/2022