The Offering
300 S. Main Street
CBRE, Inc., as exclusive agent, is pleased to present for sale a ±2.22 acre (96,741 square foot) mixed-use development site in Downtown Los Angeles, California.
The Property is a designated Transit Oriented Community (TOC) Tier 4 site and is within the Greater Downtown Housing Incentive Area allowing for a 4.2 : 1 Floor Area Ratio.
Located at 300 S. Main Street between the Historic Core and vibrant Little Tokyo, the site boasts a Walk Score of 95 out of 100 – a “Walker’s Paradise” – and a “Rider’s Paradise” Transit score of 100 out of 100 with world-class public transportation.
The Property includes parking and billboard leases generating $44,000 of monthly revenue. The leases include Landlord termination rights.
The surrounding neighborhood is rich with a history dating to the early settlement and development of Los Angeles and features landmark, architecturally notable buildings in the Beaux Arts and Classical Revival styles, grand hotels, and nationally recognized Broadway historic theaters.
In recent years, the Historic Core, Little Tokyo and Downtown Los Angeles have benefited from transformational investment that has dramatically increased the residential population of Downtown and generated a rich array of restaurants, retail, and entertainment venues – all within convenient walking distance of 300 S. Main Street.
Exceptional Downtown Los Angeles Income and Educational Demographics*
- $109,073 average household income, projected 2026.
- 60% of Downtown residents have a bachelor’s degree graduate, or professional degree.
*Source: CBRE and Downtown LA BIDS
Vibrant Urban Lifestyle
- Proximity to key employers
- World-class cultural offerings
- Unparalleled transportation access
- Continued population growth forecast, generating demand for housing units
300 S. Main Street is offered to the market on an UNPRICED basis.
Investment Highlights
Downtown Los Angeles is surrounded by and benefits from a circle of freeways, and it is the epicenter for the region wide transit system making it one of the most accessible locations in southern California.
- Opportunity to Build Up to 4.2 : 1 FAR - Greater Downtown Housing Incentive Area
- Vibrant Urban Location
- Transit Oriented Community Tier 4 Site - “Walker’s Paradise” WalkScore of 95 out of 100
- In-Place Parking and Billboard Revenue
- Proximity to Employment, Restaurants, Entertainment and Cultural Venues
- Short Walk to Three Metro Train Stations: Pershing Square Station, Civic Center Station and Little Tokyo Station and Gold Line