Overview

Highlights

• +/- 1,391,517 SF of Land (+/- 31.95 acres)
• Multiple Parcels (5)
• Ideally Situated In Northeast Los Angeles
• Excellent Views
• Nearby Access To the 5, 10 & 110 Freeways
• Just North of Downtown Los Angeles & Chinatown
• Immediate Access To Downtown Los Angeles Central Business, Civic, Arts and Entertainment

Description

2929 Amethyst Street, also known as Paradise Hill, is a 31 acre site in the Lincoln Heights neighborhood of Northeast Los Angeles. The site is located along a prominent hill along Amethyst Street. Paradise Hill sits above the neighborhoods of Rose Hills, Happy Valley, El Sereno, and Lincoln Heights. The location offers expansive views, from Downtown Los Angeles to Glendale to Pasadena. Depending on development negotiations with the city and community, the property offers options from multi-family developments to natural parks with hiking and biking trails. There are also four (4) additional parcels just west of the main parcel, bringing the total acreage to 31.95 acres. The boundaries for the local area are the 110 Freeway to the north, Golden State (5) Freeway to the west, North Eastern Avenue to the east, and the 1-10 Freeway to the south.

Location

Lincoln Heights continues to be a culturally diverse neighborhood, known for its historic architecture and landmarks, with something for fans of every classic L.A. architectural style from the 1800s to the postwar boom. The neighborhood has undergone revitalization efforts in recent years, with community organizations and residents working to preserve its historic character while promoting economic development and community engagement. Its multicultural heritage and community resilience make it an important part of the diverse tapestry of Los Angeles.

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