1339-1341 E Washington Blvd and 1332, 1336, 1340 E 18th St
Land
Marketing description
Lee & Associates is proud to present 1339–1341 E Washington Boulevard and 1332–1340 E 18th Street, an exceptional redevelopment or owner-user opportunity located in the heart of Downtown Los Angeles, just east of the Fashion District and the emerging Arts District corridor.
The property encompasses ±28,512 square feet of land and includes an existing ±21,608 SF industrial facility, offering immediate functionality for users while providing outstanding long-term redevelopment potential. Zoned M2-2, the site supports a wide range of industrial, commercial, and creative adaptive reuse projects.
Positioned directly along E Washington Boulevard, the property benefits from high visibility, excellent transit access, and direct frontage on the Metro Blue Line, with a station just two blocks away. Its location within a Federal Opportunity Zone and TOC Tier 3 area further enhances its investment profile by offering potential tax advantages, density bonuses, and redevelopment incentives for qualified investors.
The site is fully fenced, paved, and gated, with heavy power, possible water discharge rights, and full utility connectivity (electric, gas, water, and sewer). Its accessibility to major Los Angeles freeways — including the I-10, I-110, and I-5 — provides seamless connectivity across the Los Angeles Basin, making it ideal for logistics, production, or repositioning into a creative use.
This asset represents a rare opportunity for investors, developers, or owner-users seeking a well-located site with strong upside potential in one of Los Angeles’s most dynamic and rapidly transforming submarkets.
Investment highlights
Premier Redevelopment or Owner-User Opportunity
±28,512 SF of total land area with ±21,608 SF of existing industrial improvements.Zoning: M2-2 (Industrial) — supporting a variety of industrial and commercial uses.
Strategic Location: Situated in Downtown Los Angeles’s Fashion District/Industrial Corridor, minutes from the Arts District, and surrounded by ongoing adaptive reuse and mixed-use development.
Transit Accessibility: Metro Blue Line runs directly in front of the property, offering direct access across the LA Basin; located just two blocks from a major station.
Federal Opportunity Zone & TOC Tier 3 Designation
Offers potential capital gains tax deferral, density bonuses, and other development incentives.Site Features:
Fenced, paved, and gated yard
Heavy power with possible water discharge rights
All utilities (water, sewer, electric, gas) available
Excellent Freeway Access: Easy connectivity to I-10, I-110, I-5, and US-101.
Offered at: $4,989,600 ($175 PSF)
Submarket: Central Business District (CBD) — one of Los Angeles’s most sought-after redevelopment zones.
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