1850 1st Street, Los Angeles, CA 90033

This is a redevelopment opportunity of two (2) retail properties with a Tier 3 TOC designation. This provides for specific development incentives like increased density, greater height limits, minimal parking requirements, and others. The site is located in a strong residential area with great access to public transportation and retail amenities. The buyer can leverage incentives under AB 1763 and the City of Los Angele's ED-1 program. This could result in an estimated 79 units, subject to size and other design elements of the project.