1334 Flower StLos Angeles, CA 90015

Property Details for 1334 Flower St

Year built

1929

Construction

TILT-UP CONCRETE

Lot size

0.35 AC

Property size (Sq ft)

13,000 SF

Zone code

LAR5

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

5134-011-025

APU

5134011025

Description

This exceptional 0.89-acre assemblage in Downtown Los Angeles presents a unique investment opportunity. Located at 1334-1358 Flower Street, between Pico and Venice Boulevards, this property comprises eight parcels (APN: 5134-011-025, 5134-011-013, 5134-011-012, 5134-011-019, and four others) and offers approximately 38,612 square feet of land zoned [Q]R5-2D-O. The site boasts approximately 256 feet of frontage along Flower Street, providing excellent visibility and access. Its strategic location places it within walking distance of L.A. Live/Crypto.com Arena, the Los Angeles Convention Center, and Dignity Health California Hospital. This Transit Oriented Community (TOC) Tier 4 site benefits from a Transit Score of 100 and a Walk Score of 92, reflecting its exceptional accessibility via public transportation and walkability. The property also features a Bike Score of 80. The site is designated as a Qualified Opportunity Zone, offering tax advantages. Currently improved with approximately 42,105 square feet of industrial space, the property presents potential for owner-user occupancy, redevelopment into multifamily housing (with unlimited density and height), or interim use as a parking facility. The surrounding area boasts a vibrant community with over 90,000 residents, 288,000 jobs, an average household income of $93,000, and a high percentage (67%) of residents with post-secondary education. This property offers significant potential for a variety of uses in a rapidly developing area of Downtown Los Angeles. Further information is available at www.1334SouthFlower.com.

• Alternative Use

  Use

  Valuation

  Residential

  $4,375,938

  Hospitality

  $4,008,335

  Educational

  $3,334,888

  Medical

  $3,449,580

  Retail

  $5,187,604

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0389

Longitude

-118.267

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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