FULLY RTI FOR 63 RESIDENTIAL UNITS AND APPROX 5,900 SQFT OF GROUND FLOOR RETAIL. CORNER LOT, access on 3 sides. BUY AND BUILD!*****OPPORTUNITY ZONE***** unique mixed use development opportunity in the Downtown Los Angeles adjacent Westlake area. The offering includes over 13,000 square feet of C-2 zoned, TOC TIER 4 land at the signalized corner of 6th and Westlake with excellent visibility in a high traffic area and situated in a booming neighborhood surrounding the historical McArthur Park, approximately one mile from the Downtown LA financial district. The entire neighborhood is undergoing massive gentrification including the approximately $20mm renovation of the park and the lake, and hundreds of thousands of square feet of brand new commercial and residential developments slated to commence within the next 1-3 years in the immediate area. COMPETITIVELY PRICED AT $85,500/DOOR FULLY RTI. 500 feet to METRO and McArthur Park.
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