Created date: August 2, 2024
Date last updated: March 17, 2025
Strategic location in the heart of Downtown Los Angeles walking distance to:
- L.A. Live / Crypto.com Arena
- Los Angeles Convention Center
- Dignity Health Hospital
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Qualified Opportunity Zone
Tax-advantaged Investment Opportunity |
Transit Oriented Community (TOC) Tier 4
Easy Access to the 10 and 110 Freeways, connecting Downtown to the Greater Los Angeles Region |
Nearly a Full Acre, Rectangular Site |
Transit Score®: 100 out of 100 – a “Rider’s Paradise”
Walk Score®: 92 out of 100 – a “Walker’s Paradise”
Bike Score®: 80 out of 100 – “Very Bikeable” |
Live, Work and Play in Downtown Los Angeles!
- 90,000+ Residents
- 288,000+ Jobs
- $93,000 Average Household Income
- 67% of Residents Have Earned Postsecondary Educatio
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Property Description
CBRE is pleased to present the opportunity to acquire
Flower Street Assemblage in the heart of vibrant Downtown Los Angeles, California. Located near L.A. Live/Crypto.com Arena, the Los Angeles Convention Center, and Dignity Health California Hospital, the offering consists of four parcels totaling ±38,612 square feet of land at
1334-1358 S. Flower Street, between Pico and Venice Boulevards.
- Development Potential
- Potential for Interim Parking Revenue
- Access and Visibility: ±256 Feet of Frontage along Flower Street
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- Transit Oriented Community (TOC) Tier 4
- Unlimited Density and Unlimited Height District
- Located in a Qualified Opportunity Zone
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The Property boasts a Transit Score of 100 out of 100 – a “Rider’s Paradise” – with world-class public transportation. The Walk Score® is 92 – a “Walker’s Paradise.”
Just two blocks from the Flower Street Assemblage, the L.A. Live/Crypto.com Arena is an unmatched sports and live entertainment hub hosting more than 20 million guests and 500 events annually. Also two blocks away, the Los Angeles Convention Center is one of the largest convention centers in the United States, attracting millions of visitors annually. It will serve as a host sports venue during the 2028 Summer Olympics. Dignity Health, located one block away from the Assemblage, is in process of completing a $215 million medical campus expansion.
Downtown Los Angeles is the nexus of the Los Angeles passenger rail and subway systems; the Expo Line Flower/Pico platform is a three-minute walk from the Property.
The Flower Street Assemblage has
multifamily redevelopment potential with unlimited density and unlimited height.
Motivated Seller: Submit Offers |