625 Coleman, Los Angeles, CA 90042

Property Description

An exceptional opportunity to acquire approximately 7 acres of development land in Los Angeles. Owned by Bethesda University and offered as a single assemblage, the property consists of eight APNs totaling approximately 303,900 square feet. The site includes frontage of Via Marisol and access from Coleman Avenue, Wheeling Way and Lomitas Drive, with proximity to Via Marisol and Via Colina. Its substantial acreage and infill location create a compelling opportunity for developers considering multifamily housing, affordable housing, mixed-income residential, educational or institutional use, industrial development, or another thoughtfully planned project. The existing campus setting may also provide potential for adaptive reuse or phased redevelopment. This offering represents a unique opportunity to control a sizable Los Angeles property with multiple development possibilities. Acreage, zoning, allowable uses, density, access, entitlements and development feasibility are subject to independent verification by the buyer with the City of Los Angeles and other appropriate agencies.