Description

Located at the prominent intersection of York Boulevard and Avenue 57 in the heart of Highland Park, this corner mixed-use property presents a rare opportunity to acquire a highly visible asset in one of Northeast Los Angeles’ most active and desirable commercial districts. Situated on a ±5,599-square-foot lot, the property features a retail storefront fronting York Boulevard along with a detached ±898-square-foot residential unit that benefits from separate rear access, creating flexibility for owner-users, investors, or mixed-use operators. The site enjoys exceptional exposure, strong pedestrian activity, and convenient access to the surrounding neighborhood’s vibrant collection of restaurants, boutiques, breweries, cafes, and creative businesses. Located less than one block from the Highland Park A Line (formerly Gold Line) station, the property offers outstanding transit connectivity and benefits from increasing demand for walkable, transit-oriented locations. Zoned [Q]C2-1XL and eligible for TOC Tier 3 incentives, the asset provides significant redevelopment potential through density bonuses and additional height allowances, allowing investors and developers to maximize the site’s future value. Furthermore, the property benefits from zero parking requirements under California AB 2097, enhancing development feasibility and reducing construction costs. With its strategic corner location, mixed-use configuration, transit-oriented setting, and flexible zoning, this property represents an exceptional opportunity for an investor, owner-user, or developer seeking to capitalize on the continued growth and popularity of the Highland Park market.