One Twenty One
331 Units Fully Entitled | Covered Land | ±27,576 Land SF
Marketing description
Colliers is pleased to present One Twenty-One, a premier corner development opportunity located in the vibrant heart of Downtown Los Angeles’ Historic Core. Designed by world-renowned architecture firm Gensler, this fully entitled project calls for a luxury 15-story, mixed-use development featuring 331 residential units, including 37 affordable units set aside for Very Low Income (VLI) households.
The project includes ± 6,350 square feet of ground-floor retail and an exceptional lineup of on-site amenities, including a rooftop pool and deck, resident lounge, and state-of-the-art fitness center.
This premier corner parcel offers excellent street visibility, unmatched walkability, and the opportunity to deliver a transformative, design-driven community in one of Downtown LA’s most energized neighborhoods.
The property benefits from an in-place lease expiring in 2041, with a provision allowing termination upon commencement of construction on the site, offering a prime covered land development opportunity.
Investment highlights
Fully Entitled Mixed-Use Development – 331 Units (37 VLI) | ± 6,350 SF of Retail
Prime location in the Historic Core near to DTLA’s primary employment centers in Bunker Hill, Financial, and Civic Center Districts
±27,576 SF of Land in the Historic Core
High visibility property benefiting from ± 29,044 Average Annual Daily Traffic
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