Exceptional DTLA Development Opportunity! Rare offering of two contiguous parcels totaling approximately 45,041 square feet in the highly sought-after Central City West / Westlake area of Downtown Los Angeles. APNs: 5143-020-013 and 5143-020-020.
Located in one of Los Angeles’ fastest-growing urban neighborhoods, this premier site offers tremendous potential for future mixed-use or residential redevelopment. The property previously underwent an extensive planning and design process, and conceptual plans for a high-rise mixed-use residential project are available for review. While prior approvals have expired, the existing studies and plans may provide valuable insight for developers pursuing a new entitlement process.
Ideally situated near LA Live, Crypto.com Arena, the Financial District, major employment centers, dining, entertainment, and public transportation, the location boasts a Walk Score of 93 (“Walker’s Paradise”) and Transit Score of 95 (“Rider’s Paradise”). Surrounded by ongoing redevelopment and new construction, this is a unique opportunity to secure a sizeable development site in the heart of DTLA.
Located in one of Los Angeles’ fastest-growing urban neighborhoods, this premier site offers tremendous potential for future mixed-use or residential redevelopment. The property previously underwent an extensive planning and design process, and conceptual plans for a high-rise mixed-use residential project are available for review. While prior approvals have expired, the existing studies and plans may provide valuable insight for developers pursuing a new entitlement process.
Ideally situated near LA Live, Crypto.com Arena, the Financial District, major employment centers, dining, entertainment, and public transportation, the location boasts a Walk Score of 93 (“Walker’s Paradise”) and Transit Score of 95 (“Rider’s Paradise”). Surrounded by ongoing redevelopment and new construction, this is a unique opportunity to secure a sizeable development site in the heart of DTLA.
Property Details
Price:
$19,500,000
MLS #:
TR26134876
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
c42downtownla
Listed Date:
Jun 20, 2026
Lot Size:
45,041 sqft / 1.03 acres (approx)
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Community
- Address1247 W 7th Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90017
Subdivisions in Los Angeles
Market Summary
Current real estate data for Land in Los Angeles as of Jun 21, 2026
466
Land Listed
168
Avg DOM
$1,657,500
Avg List Price
Property Summary
- 1247 W 7th Los Angeles CA is a Land for sale in Los Angeles, CA, 90017. It is listed for $19,500,000 and features 1 acres.
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