|
|
1/09/25
|
The City of Los Angeles acquired 4.95 acres of vacant land in Harbor City in a $12 mil transaction. The seller was Brea Canon Oil Company.
Located at 23903 Normandie Ave in LA’s South Bay submarket, the site is currently undeveloped. The city plans to install a new clean energy electric bus charging facility on the site for the Los Angeles Department of Transportation (“LADOT”). The seller was Brea Canon Oil Company.
LADOT leads transportation planning, project delivery, and operations in the City of Los Angeles. LADOT is made up of over 1,300 civil servants, including 600 traffic officers. LADOT manages 52 different transportation services for the region -- from parking management to safety improvements to permits for private mobility operators.
Cushman & Wakefield’s Jeffrey Morgan represented the seller in the transaction. The property is currently zoned LAMR1 and LAMR2 and has been completed graded and compacted by the seller. The property is also fully fenced and has access to all utilities.
|
|
 Return to the previous page
|
|
|
|
|
Printer-friendly Version
Email an Associate
