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Est. payment | /mo
9,077 Sqft Lot
$ 975,000
Est. payment | /mo
9,077 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26700583
HOA Y/N No
Lot Size 9,077 Sqft
Property Description
$325,000 Price Reduction. Onwner Purchased for 1.3 Million. A 9,074 sq. ft. lot that was previously a single-family home was demolished in 2020. The owner has pulled RTI plans for 18 units and has done all the work to prepare a buildable lot. Some valuable aspects of the site include its SB8 status, 55 feet of frontage, location in a Qualified Opportunity Zone, and the fact that there is no need for structure demolition or tenant relocation. The property is located in Lincoln Heights, one of LA's oldest suburbs and a rapidly developing area; it is close to Downtown Los Angeles and offers a historic charm and many new retail and dining experiences on top of good transit and accessibility
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5210008022
Special Listing Condition Standard
Listed by Jon Emrani Marcus & Millichap #01427038
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