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1247 W 7th , Los Angeles, CA 90017
$17,500,000
Est. Payment: $92,691.47/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 48
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PB20107 - TRTANGYAN
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Chris Heller
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House Description

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.
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Highlights

Listed by Yang Tang , 909-289-5660 Harvest Realty Development , 626-593-7456. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land
Lot/Acreage
1.03

County

Los Angeles

Area

C42 - Downtown L.A.

Listing ID

TR26134876

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Other

Exterior Features

Lot:Flag Lot,No Land Lease
Zoning:C4/CW
Principal Interest
$92,691
Taxes
$11,156

Home Price

$17,500,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$3,500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$92,691.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $92,691.47 $11,156.25 $0.00 $103,847.72
Yearly $1,112,297.69 $133,875.00 $0.00 $1,246,172.69
Total $33,368,930.75 $4,016,250.00 $0.00 $37,385,180.75

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T09:06:11.000Z

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