This Parcel is Zoned Q-R-4-1-0 which effectively Down-zones it toLAR1!! We are pleased to present the opportunity to acquire and develop this 20,823 SF Corner lot in the Historic West Adams District directly adjacent to Grammercy Park. This lot has alley access and is close to Downtown LA & USC with easy access to the Westside via the 10 Freeway. West Adams is one of the oldest neighborhoods in Los Angeles, with most of its buildings erected between 1880 and 1925, including the William Andrews Clark Memorial Library. West Adams was developed by railroad magnate Henry E. Huntington and wealthy industrialist Hulett C. Merritt of Pasadena. It was once the wealthiest district in the city, with its Victorian mansions and sturdy Craftsman bungalows home to Downtown businessmen and professors and academicians at USC. In the 1990s, three areas of West Adams were designated as Historic Preservation Overlay Zones by the city of Los Angeles.