JP Investment RE Group is pleased to present 1581-1587 West Adams Boulevard in Los Angeles, California. This favorable investment opportunity consists of two contiguous parcels and is comprised of 4,138 square feet of building on a 13,996 square foot lot for 7 TOWNHOUSE STYLE development. The subject properties is zoned C1 and is located within minutes of Downtown Los Angeles, USC, and Koreatown. Both lots must be bought together. NOT sold separately. Scheduled for completion in August 2017 is the USC Village, which will include a market, drugstore, a fitness center, a Trojan Town USC store, restaurants and outdoor dining, parking, and a community building. The $650 million project is one of the largest in the history of South Los Angeles. Daily traffic counts along the historic West Adams Boulevard are approximately 25,000 cars. The population within 5 miles is a dense 1,293,856. Buyer to verify all zoning with city of Los Angeles.
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Listing Courtesy ofJp Investment Real Estate Group