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685 Carondelet St Los Angeles, CA 90057

9,148 SF Lot, C2-2 Zoning, Development Potential

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 9,148 square foot lot, located at 685 S Carondelet Street in Los Angeles, CA 90057, presents a remarkable development opportunity. The property boasts a highly visible location in the desirable Central City West neighborhood, close to MacArthur Park, the Metro station, Downtown LA, Hollywood, and the Miracle Mile. Currently vacant and ready for demolition, the site offers significant potential for redevelopment. The existing building, constructed in 1925 with masonry construction, measures 6,582 square feet and includes 11 parking spaces. The property is zoned C2-2, allowing for substantial development by right. Plans indicate the potential to construct 22 units with a 6:1 Floor Area Ratio (FAR) or, with a Tier 3 Transit Oriented Communities (TOC) bonus, up to 39 units with a 9:1 FAR. The location offers exceptional walkability (Walk Score of 95) and convenient access to public transportation (Transit Score of 83). The Assessor's Parcel Number (APN) is 5141-007-005. This is a rare chance to acquire a prime development site in a thriving Los Angeles location.

Highlights

  • High-visibility location.
  • Near MacArthur Park and Metro station.
  • Excellent Central City West location, close to Downtown LA, Hollywood, and Miracle Mile.
  • Vacant building, ready for demolition.
  • Development potential: By-right 22 units (6:1 FAR), or 39 units (9:1 FAR) with Tier 3 TOC.

Property Details for 685 Carondelet St

Property type
Land

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0590469
Longitude
-118.2816912

FAQs

What type of property is this?
Land - 9,148 SF Lot, C2-2 Zoning, Development Potential
Where is the land located?
The property is located at 685 Carondelet St Los Angeles, CA.
What are key features of this property?
This property features: High-visibility location.; Near MacArthur Park and Metro station.; Excellent Central City West location, close to Downtown LA, Hollywood, and Miracle Mile.
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685 Carondelet St
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