Los Angeles, CA 90008
LISTING CRE
324 S. Alvarado St
Westlake Redevelopment Opportunity



Property
The Asset
Building SF
Lot SF
Units
Zoning
Summary
2,975
7,725
3
C2-1 | TOC Tier 3 | Enterprise Zoning
SNAPSHOT
Opportunity Zone
To be Delivered Vacant
94
Walkscore


Overview
Property Overview
KW Commercial is pleased to present for purchase a prime redevelopment opportunity site in the high sought-after neighborhood of Westlake. Zoned C2-1 TOC TIER 3, the asset currently features a 2,950 square foot improvement situated on a 7,725 square foot lot.
The Opportunity
This prime location is deemed a Walker’s Paradise with a Walkscore ® of 94 out of 100, and a transit score of 81 in an area that connects Koreatown and Rampart Village to the financial district and Downtown Los Angeles. Residents at this location can enjoy the great outdoors at locales like MacArthur Park, La Fayette Park and Echo Park, along with quick and convenient access to Red & Purple Metro lines, as well as 110, 101, and 10 Freeways.
The Location
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§34 Unit Buildout in an Opportunity Zone
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§PROPERTY WIL BE DELIVERED Vacant
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§Alley Entrance To Gated Parking
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§SBA HUBZone Qualified
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§Lot Dimensions Are 50x155
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§Parking requirements are reduced for Medical Use to 1 parking space per 500 sf of building space

JACOB KESHERIM
Vice President of Investments
License: CA 01928381
O 310.432.6471
C 213.451.7171
