Marketing Description

129 W 3rd St, Los Angeles, CA 90012

  • For Sale Contact for pricing
  • Property Type Other
  • Lot Size 27,576 SF
  • Date Updated Aug 18, 2025

Colliers is pleased to present One Twenty-One, a premier corner development opportunity located in the vibrant heart of Downtown Los Angeles’ Historic Core. Designed by world-renowned architecture firm Gensler, this fully entitled project calls for a luxury 15-story, mixed-use development featuring 331 residential units, including 37 affordable units set aside for Very Low Income (VLI) households.

The project includes ± 6,350 square feet of ground-floor retail and an exceptional lineup of on-site amenities, including a rooftop pool and deck, resident lounge, and state-of-the-art fitness center.

This premier corner parcel offers excellent street visibility, unmatched walkability, and the opportunity to deliver a transformative, design-driven community in one of Downtown LA’s most energized neighborhoods.

The property benefits from an in-place lease expiring in 2041, with a provision allowing termination upon commencement of construction on the site, offering a prime covered land development opportunity.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Adam Tischer
broker
Joshua Carrillo
broker
Juan Najera

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Downtown Los Angeles
  • Zip Code 90012
  • Market Los Angeles

Points of Interest

  • Historic Broadway

    0.13 miles

  • Hill Street

    0.20 miles

  • Pershing Square

    0.23 miles

  • Olive Street

    0.25 miles

  • Civic Center/Grand Park

    0.28 miles

  • Civic Center/Grand Park Station

    0.35 miles

  • Grand Avenue Arts/Bunker Hill

    0.43 miles

  • 7th Street/Metro Center Station

    0.69 miles

  • 7th Street/Metro Center

    0.70 miles

  • Union Station

    0.78 miles

  • Chevron

    0.78 miles

  • Shell

    0.97 miles

  • 76

    1.44 miles

  • Electric Vehicle Charging Station

    3.13 miles

  • FLO

    8.04 miles

  • Parking electrique

    8.51 miles

  • Tesla Supercharger

    8.87 miles

  • Culver City Supercharger

    9.34 miles

  • Paragon Parking Inc.

    0.07 miles

  • Los Angeles Times Parking Garage

    0.09 miles

  • Broadway Spring Center

    0.10 miles

  • Grand Central Square Parking Garage

    0.16 miles

  • Joe's Auto Parks

    0.18 miles

  • Angelos Plaza

    0.23 miles

  • Broadway Mall Parking

    0.24 miles

  • Metro 417 Resident Parking

    0.25 miles

  • City-Owned Private Parking

    0.28 miles

  • Grand Park Parking Garage

    0.33 miles

  • St. George Hotel

    0.10 miles

  • Barclay Hotel

    0.13 miles

  • citizenM Los Angeles Downtown

    0.13 miles

  • Kawada Hotel

    0.19 miles

  • DoubleTree by Hilton Hotel Los Angeles Downtown

    0.23 miles

  • Hotel Clark

    0.24 miles

  • King Edward Hotel

    0.27 miles

  • Omni Los Angeles Hotel

    0.27 miles

  • Rosslyn

    0.28 miles

  • Baltimore Hotel

    0.30 miles

  • (abeautifullife) Jamaican

    0.08 miles

  • Sbarro

    0.08 miles

  • El Pollo Loco

    0.09 miles

  • Carl's Jr.

    0.09 miles

  • First Cup Caffe

    0.09 miles

  • The Blue Cube

    0.10 miles

  • Lili Ya

    0.11 miles

  • Badmaash

    0.11 miles

  • The Mighty

    0.11 miles

  • Maccheroni Republic

    0.12 miles

  • UCLA Downtown

    0.21 miles

  • L A Barber College

    0.24 miles

  • Colburn School of Performing Arts

    0.30 miles

  • DISKovery Center

    0.40 miles

  • UCLA Extension Downtown Los Angeles

    0.61 miles

  • Ramón C. Cortines School of Visual and Performing Arts

    0.65 miles

  • Maryknoll School

    0.67 miles

  • Golden Gate University

    0.81 miles

  • Fashion Institute of Design and Marketing

    0.88 miles

  • Fashion Institute of Design & Merchandising

    0.89 miles

  • San Antonio de Padua Academy Preschool

    1.54 miles

  • HIC Daycare

    2.75 miles

  • Gates Early Education Center

    2.83 miles

  • Ralph M. Parsons Preschool

    3.61 miles

  • Neighborhood Nursery School

    3.85 miles

  • Morning Star Education Center

    3.94 miles

  • Komitas

    4.18 miles

  • Artemisia Nursery

    4.41 miles

  • Centro de Ninos

    4.99 miles

  • Vernon Adult Day Program

    5.17 miles

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Marketing Description
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.