Downtown L.A. Land for Sale

**Discover the Heart of Downtown L.A.: Your Next Investment Opportunity Awaits!**

Nestled in the vibrant heart of Los Angeles, Downtown L.A. is a dynamic blend of culture, commerce, and creativity. This bustling urban center is renowned for its iconic skyline, rich history, and diverse neighborhoods, making it one of the most sought-after locations in California. With a unique mix of historic architecture and modern developments, Downtown L.A. offers an unparalleled lifestyle that attracts residents, businesses, and investors alike.

As you explore the possibilities of land for sale in this thriving metropolis, you'll find yourself surrounded by an array of world-class amenities. From trendy restaurants and chic boutiques to art galleries and entertainment venues, Downtown L.A. is a cultural hub that pulsates with energy. The area is home to landmarks like the Walt Disney Concert Hall, The Broad Museum, and the vibrant Grand Central Market, ensuring there's always something exciting to experience.

Investing in land in Downtown L.A. means tapping into a market that is constantly evolving. With ongoing developments and revitalization projects, the potential for growth and appreciation is significant. Whether you're looking to build a residential haven, a commercial space, or a mixed-use development, the opportunities are limitless.

Moreover, the area boasts excellent transportation options, including access to the Metro system, ensuring that residents and visitors can easily navigate the city. With its perfect blend of urban living and artistic flair, Downtown L.A. is not just a place to live; it's a lifestyle waiting to be embraced. Don’t miss your chance to be part of this exciting chapter in the City of Angels—explore the land for sale today!

Newest Downtown L.A. Land for Sale

$620,000

26961157 MLS

**DEVELOPER OPPORTUNITY** Centrally located near Downtown LA, Zoned LACW C2(CW)-U/3 and located within TOC Tier 3, the property may offer development, commercial, Live/work, or business-front potential. Property is situated around the corner from the Shakespeare Center of Los Angeles and one block from Vista Hermosa Park, with convenient access to Downtown and 110Fwy. Currently an income-producing duplex and additional revenue from billboard sign located on the lot. The billboard agreement is month-to-month, providing a new owner with the flexibility to remove the signage, if they choose to develop the property.

1249 W 2nd St, Los Angeles

Courtesy of Keller Williams Larchmont, Michael Flanagan - CA DRE#01836941

$1,395,000

26876337 MLS

We are pleased to present 3042 Royal St., an exceptional development opportunity in one of the most sought-after pockets of the USC student housing market, just steps from USC Village and the University of Southern California. Situated on a 5,424 SF lot with valuable alley access, the property offers a rare combination of location, zoning, and development flexibility. Located in an area where well-designed student housing can command premier rents, the property offers developers multiple potential paths to maximize the site. LAR3-zoned development sites are extremely rare within the USC student housing submarket, making the property particularly attractive for developers seeking density in a highly constrained location. The property allows for up to 6 units by right plus ADUs and is also located within a TOC Tier 3 designation, providing the potential for up to 12 TOC units plus ADUs, subject to buyer verification. Importantly, the property has been vacant for more than five years, potentially allowing a developer to redevelop the site without replacement affordable housing requirements and pursue a fully market-rate student housing project, subject to buyer verification. Alternatively, a buyer may explore renovating and expanding the existing approximately 1,566 SF structure, creating additional density while preserving and enhancing the existing improvements. With strong housing demand driven by USC, the potential to achieve premier student housing rents, LAR3 zoning, TOC Tier 3 incentives, alley access, and multiple redevelopment strategies, 3042 Royal St. represents a compelling opportunity to develop or reposition a property in the heart of the USC student housing market.

3042 Royal St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Adam Shamooelian - CA DRE#02116849

$2,395,000

26876253 MLS

We are pleased to present 3015 Shrine Pl., a premier development opportunity located in the heart of the USC student housing market, just moments from USC Village and the University of Southern California. Positioned on an expansive 10,071 SF lot with alley access, the property offers developers a rare chance to acquire a large LAR3-zoned site with multiple redevelopment strategies in one of the most supply-constrained areas surrounding USC. The property's LAR3 zoning allows for up to 12 units by right plus ADUs, while its TOC Tier 3 designation provides the potential for up to 23 TOC units, subject to buyer verification. LAR3 development sites of this scale are extremely difficult to find within the USC student housing submarket, creating an attractive opportunity for a developer seeking to build a higher-density project capable of commanding premier student housing rents. At approximately $238 per land square foot, the property offers an attractive entry basis for a large, premium LAR3-zoned development site with TOC Tier 3 incentives in the USC student housing market. Another key advantage is the property's occupancy history. 3015 Shrine Pl. is currently vacant and has not been rented at any point during the past five years, potentially providing a path to redevelopment without replacement affordable housing requirements and allowing for a fully market-rate student housing project, subject to buyer verification. For buyers looking to pursue an alternative strategy, the existing approximately 1,988 SF structure may also provide an opportunity for renovation, expansion, and the addition of further density while retaining the existing improvements. With its substantial lot size, LAR3 zoning, TOC Tier 3 incentives, alley access, favorable vacancy history, compelling land basis, and proximity to USC, 3015 Shrine Pl. offers a unique opportunity to create a significant student housing project in one of the strongest rental pockets surrounding the University.

3015 Shrine Pl, Los Angeles

Courtesy of Keller Williams Beverly Hills, Adam Shamooelian - CA DRE#02116849

$1,800,000

26849877 MLS

We are pleased to present an exceptional development opportunity in Downtown Los Angeles. Rare vacant corner lot located at 1400 W Miramar St, offering approximately 8,454 square feet with dimensions of roughly 60' x 141'. Zoned CW (comparable to R4 zoning) and situated within a TOC Tier 2 zone, this property presents a compelling opportunity for developers seeking a multifamily or affordable housing project in a rapidly growing urban corridor. The site has been vacant for over five years, eliminating the need for tenant relocation and avoiding complications associated with occupied properties. Current zoning allows for approximately 21 residential units by right, with the potential for up to 43 units utilizing TOC incentives and ADUs (buyer to verify). The property may also be a strong candidate for an ED1 100% affordable housing development.Ideally positioned in the heart of Downtown Los Angeles, this centrally located property offers convenient access to major employment centers, public transportation, shopping, dining, entertainment, and essential city services. Just minutes from some of LA's premier destinations, including LA Live, Crypto.com Arena, and the Los Angeles Convention Center, the site benefits from a vibrant mix of restaurants, retail, nightlife, and cultural attractions. With easy access to major freeways and numerous employment hubs, its strategic location and development-friendly characteristics make it a standout opportunity for investors and builders seeking to capitalize on the continued demand for housing in one of Southern California's most dynamic urban markets. Buyer to independently verify all zoning, development potential, density bonuses, TOC incentives, ED1 eligibility, and applicable building requirements with the City of Los Angeles. Contact listing agent for additional information.

1400 W Miramar St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian - CA DRE#01984269

$2,000,000

26849655 MLS

We are pleased to present The Royal Street Assemblage, a rare opportunity to acquire 21,696 SF of contiguous LAR3-zoned land at 3014, 3018, and 3024 Royal St., located just steps from USC Village and the University of Southern California. It is exceptionally rare for three side-by-side parcels of this scale to become available this close to campus. Positioned within the DPS Patrol Zone, the assemblage sits in the most desirable pocket of the USC market, offering an unparalleled location within close proximity to USC Village and within walking distance of the university. The assemblage provides developers with the opportunity to control a significant land position in a market where large development sites are increasingly difficult to assemble. With strong housing demand driven by the university and limited opportunities for new development this close to campus, the property is well positioned for a premier student housing development. The site is also located within a TOC Tier 3 designation, providing the potential for additional development incentives & density. With 21,696 SF of contiguous LAR3-zoned land in the most desirable pocket of the USC market, The Royal Street Assemblage represents one of the most significant development opportunities to come available near USC Village and the University of Southern California in recent years. *All information is deemed reliable but not guaranteed. Buyer is advised to independently verify all information and conduct its own due diligence. Please note: 3024 Royal St. is part of The Royal Street Assemblage, which also includes 3014 and 3018 Royal St. The complete three-property assemblage is offered at $6,000,000.

3024 Royal St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Adam Shamooelian - CA DRE#02116849

$2,000,000

26849647 MLS

We are pleased to present The Royal Street Assemblage, a rare opportunity to acquire 21,696 SF of contiguous LAR3-zoned land at 3014, 3018, and 3024 Royal St., located just steps from USC Village and the University of Southern California. It is exceptionally rare for three side-by-side parcels of this scale to become available this close to campus. Positioned within the DPS Patrol Zone, the assemblage sits in the most desirable pocket of the USC market, offering an unparalleled location within close proximity to USC Village and within walking distance of the university. The assemblage provides developers with the opportunity to control a significant land position in a market where large development sites are increasingly difficult to assemble. With strong housing demand driven by the university and limited opportunities for new development this close to campus, the property is well positioned for a premier student housing development. The site is also located within a TOC Tier 3 designation, providing the potential for additional development incentives & density. With 21,696 SF of contiguous LAR3-zoned land in the most desirable pocket of the USC market, The Royal Street Assemblage represents one of the most significant development opportunities to come available near USC Village and the University of Southern California in recent years. *All information is deemed reliable but not guaranteed. Buyer is advised to independently verify all information and conduct its own due diligence. Please note: 3018 Royal St. is part of The Royal Street Assemblage, which also includes 3014 and 3024 Royal St. The complete three-property assemblage is offered at $6,000,000.

3018 Royal St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Adam Shamooelian - CA DRE#02116849

$2,000,000

26849467 MLS

We are pleased to present The Royal Street Assemblage, a rare opportunity to acquire 21,696 SF of contiguous LAR3-zoned land at 3014, 3018, and 3024 Royal St., located just steps from USC Village and the University of Southern California. It is exceptionally rare for three side-by-side parcels of this scale to become available this close to campus. Positioned within the DPS Patrol Zone, the assemblage sits in the most desirable pocket of the USC market, offering an unparalleled location within close proximity to USC Village and within walking distance of the university. The assemblage provides developers with the opportunity to control a significant land position in a market where large development sites are increasingly difficult to assemble. With strong housing demand driven by the university and limited opportunities for new development this close to campus, the property is well positioned for a premier student housing development. The site is also located within a TOC Tier 3 designation, providing the potential for additional development incentives & density. With 21,696 SF of contiguous LAR3-zoned land in the most desirable pocket of the USC market, The Royal Street Assemblage represents one of the most significant development opportunities to come available near USC Village and the University of Southern California in recent years. *All information is deemed reliable but not guaranteed. Buyer is advised to independently verify all information and conduct its own due diligence. Please note: 3014 Royal St. is part of the Royal Street Assemblage, which also includes 3018 and 3024 Royal St. The complete three-property assemblage is offered at $6,000,000.

3014 Royal St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Adam Shamooelian - CA DRE#02116849

$1,695,000

26844757 MLS

964 E Jefferson Blvd presents a Ready-to-Issue ED-1 development opportunity in South Los Angeles, offered at $25K per buildable unit and positioned for developers seeking a low-basis project with entitlement progress already in place. The property consists of an 8,950 SF C2-1-CPIO Tier 1 zoned corner lot with RTI plans for a 71-unit, 5-story multifamily project, with potential for 2 additional ADUs after Certificate of Occupancy. The proposed development includes approx. 29,000 SF of total building area, approx. 25,085 SF of rentable residential area, and approx. 831 SF of additional ADU rentable area possible. The project has been planned with a modern contemporary design, a straightforward stacked layout, and Type III construction built on slab at grade. The unit mix includes studios, 1-bed, and 2-bed residences, creating a practical housing program for renters seeking access to USC, Exposition Park, Downtown Los Angeles, and nearby transit. The project is designed without on-site car parking, supported by a walkable, bikeable location with transit access, giving the future building a clear position within a renter market increasingly shaped by mobility, affordability, and proximity to major destinations. Located on a highly visible corner near Synergy Charter Academy and approx. one block from the Los Angeles Police Department Newton Community Police Station, 964 E Jefferson Blvd benefits from convenient access to the 110 Freeway, USC, BMO Stadium, the LA Memorial Coliseum, Downtown Los Angeles, and the Arts District. The property is also approx. 1.3 miles from the Jefferson/USC Metro light rail station, giving the future project a more specific transit connection within the broader USC and Exposition Park area. The corner orientation also gives the proposed building stronger visibility, better natural light, and a more defined street presence than a typical mid-block development site. With RTI status, ED-1 density, approx. 25,085 SF of planned rentable residential area, potential ADU expansion, no on-site car parking, and a low $25K per buildable unit basis, 964 E Jefferson Blvd offers developers a defined path toward execution in a connected South Los Angeles location just south of Downtown Los Angeles.

964 Jefferson Blvd, Los Angeles

Courtesy of Compass, Max Berger - CA DRE#02054048

$3,990,000

26840077 MLS

This offering includes a total of 6 parcels (APNs: 6011-007-040, 041, 042, 043, 053, and 054) with approximately 29,187 SF of land and 8,688 SF of buildings, including a 6,188 SF main building built in 1995 and a 2,500 SF second building built in 1986. The property has operated continuously for over 40 years and is a well-known, trusted name within the local automotive industry, with established relationships with repair shops and repeat customers. Located in a prime Los Angeles automotive corridor, the property offers an excellent opportunity for an owner-user, investor, or potential redevelopment buyer to continue the existing operation or reposition the site. The business and real estate are being offered together at $6 million, with the business and inventory estimated at over $4 million and the real estate valued $4 million separately.

125 E Florence Ave, Los Angeles

Courtesy of Keller Williams Larchmont, Dae Young Hur - CA DRE#01489175

$995,000

26830509 MLS

Prime LAC2 zoned land in the City of Los Angeles an excellent opportunity for developers, investors, or business owners. This 7,000 SQFT lot offers the flexibility to build commercial property, storefront units, or a mixed use concept (buyer to verify). Conveniently located just off the 110 Freeway on Slauson Avenue. Positioned within 15 minutes of Downtown LA, SoFi Stadium, and the Intuit Dome, the location delivers strong traffic, growth potential, and long term value.

5965 S Figueroa St, Los Angeles

Courtesy of Robert Pitts Luxury Estates, Robert Pitts - CA DRE#00917764

$745,000

26798011 MLS

142 E Vernon Ave, Los Angeles

Courtesy of Marcus & Millichap, Yana Vlady - CA DRE#02082859

$975,000

26698779 MLS

$325,000 Price Reduction. Onwner Purchased for 1.3 Million. 7,500 sq. ft. parking lot with excellent development potential. Some of the most valuable aspects of the site include its SB8 status, 50 feet of frontage with alley access, location in a Qualified Opportunity Zone, and the fact that there is no need for structure demolition or tenant relocation. The lot can be a possible covered land play by using the lot for parking, which is gated and fenced. The lot also has a Tier 3 TOC designation with a 95 walkscore. The owner has done all the work to prepare a buildable lot. The property is located in the 90057 area code, which is very close to DTLA, K-Town, and Echo Park. In the near vicinity, there are many new developments helping with the rapid gentrification of the area that has seen a 97% increase in median value from 2015 to 2025. With a walkscore of 95, the site allows future tenants the ability to complete most shopping and entertainment tasks on foot.

744 S Carondelet St, Los Angeles

Courtesy of Marcus & Millichap, Jon Emrani - CA DRE#01427038

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.