DOWNTOWN LA ELYSIAN PARK ECHO PARK SILVER LAKE … · The property at 2316 N San Fernando Road...
Transcript of DOWNTOWN LA ELYSIAN PARK ECHO PARK SILVER LAKE … · The property at 2316 N San Fernando Road...
DOWNTOWN LA
GLASSELL PARK
EAGLE ROCK
ELYSIAN PARK
2316 N. SAN FERNANDO
For SaleL.A. River Redevelopment OpportunityLocated in Glassell Park across from Frogtown– 71,348 SF (1.64 acres) of land
– 18,309 SF of buildings– Asking price $6,950,000 ($98/SF land or $380/SF bldg)
– Zoned Q)M1-1-CDO-RIO
– ±400 feet of frontage on San Fernando Road– APN: 5457-001-028
– Traffic count: over 50,000 cars daily
2316 N. San Fernando Rd.Los Angeles, CA 90065
Jones Lang LaSalle Brokerage, Inc.515 S Flower Street, Suite 1300Los Angeles, CA 90071
ECHO PARK
FROGTOWN
SILVER LAKE
MT. WASHINGTON ATWATER VILLAGE
Nicole Mihalka+1 213 239 [email protected] # 01322414
Ben Stapleton+1 213 239 [email protected] # 01411478
Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. ©2017. Jones Lang LaSalle Brokerage, Inc. License # 1856260.
Area Highlights– Adjacent to the Los Angeles River and the G2/Taylor Yards site, which was recently acquired by the
City for close to $60M– Close proximity to the 5, 110 and 2 Freeways
– Redevelopment opportunity for industrial, office, retail or mixed-use developers and owner/users (Buyer to verify).
– Incredible views of Elysian Park and Cypress Park
– Rapidly developing urban landscape provides tremendous upside potential
Gateway to LA’s hottest neighborhoods
Located at the center of the hottest neighborhoods in LA: Frogtown, Eagle Rock, Atwater Village, Lincoln Heights, Mt. Washington, Glassell Park, Silver Lake, Echo Park, Highland Park, and Chinatown
Rio de Los Angeles Park
G2 / Taylor Yards Site
Sotomayor Learning Academy
FROGTOWN
Verdugo Bar
Lemon Poppy Kitchen
Wagville
Intelligentsia Roaster
L.A. Media Tech Center
ThinkwellRedfinCafé NELA
The property at 2316 N San Fernando Road offers a unique opportunity for office, retail, industrial or mixed-use developers an owner-users along a gentrifying corridor of San Fernando Road. With infill land opportunities difficult to find and a rectangular shape with ±400 feet of frontage along San Fernando Road, this site has many advantages.
The L.A. River Project aims to bring $1 Billion of development over the next 5-10 years – see JLL’s recent L.A. River article for details.
A swath of land along the LA River known as G2 (formerly The Taylor Yards) was officially acquired by the City of Los Angeles in March 2017 for close to $60M. At 41 acres, it is a key element in the ambitious plan to restore 11 miles of the Los Angeles River between Griffith Park and Downtown. G2 will eventually connect Rio de Los Angeles State Park with the Bowtie parcel, which is state-owned. The City will soon begin planning to turn the site into a space that can be used by the public.
L.A. River / Taylor Yards
Rio de Los Angeles State ParkVerdugo BarTaylor Yard Apartments
Jones Lang LaSalle Brokerage, Inc.515 S Flower Street, Suite 1300Los Angeles, CA 90071
Site Plan and Plat Map
Nicole Mihalka+1 213 239 [email protected] # 01322414
Ben Stapleton+1 213 239 [email protected] # 01411478