Attractive investment opportunity in a prime location directly off of the 110 Freeway. The property is situated in downtown Los Angeles, strategically positioned near the Convention Center, LA Live and Crypto Arena. The property is zoned CM-1-O - Commercial Manufacturing. The properties boast excellent accessibility to major transportation routes, public amenities, and business hubs, making them highly desirable for parking, commercial development, mixed-use projects and affordable housing projects (ED1 eligible by right). The property is asphalt paved and fenced and utilized as surface parking lots, serving the surrounding Downtown Office and Commercial district; including the Crypto.com Arena and LA Live Sports and Entertainment Venues. The subject is located in the Enterprise Zone and Transit Priority Overlay Zones.