Oceanwide Plaza

1112 S Figueroa St, Los Angeles, CA 90015

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 504 SF
  • Lot Size 4.61 SF
  • Date Updated Oct 30, 2026

Description

OFFERING SUMMARY

Oceanwide Plaza, an ambitious mixed-use, residential and retail complex in downtown Los Angeles, presents a significant investment opportunity to developers.

Situated across from landmark locations such as the Crypto.com Arena and the Los Angeles Convention Center, the project was initiated in 2015 but encountered setbacks, including construction halts in 2019 amid financial and geopolitical tensions.

Approximately $1.1 billion has been invested in the project thus far and an additional +/-$800 million is estimated to be needed for completion.  Once complete Oceanwide Plaza will be comprised of three towers designed to house a Park Hyatt hotel, serviced residences, and luxury condominiums, multifamily towers, enhanced by expansive retail space, private parks and +/-57,000sf of LED signage.

BID INFORMATION

The property will be sold subject to the bid procedures to be approved by the United States Bankruptcy Court.   Upon the Court’s approval, we will distribute those procedures to interested parties.

Available

Contacts

Location

Located at 1112 S Figueroa St, Los Angeles, CA 90015, this property is part of the Downtown Los Angeles neighborhood and Los Angeles market.

Contact Oceanwide Plaza
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