$285,000
$298,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 08/06/2024
Key Details
Sold Price $285,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24137420
Sold Date 08/06/24
HOA Y/N No
Lot Size 0.291 Acres
Lot Dimensions Assessor
Property Description
Two lots together are over 12,000 sqft and are located not just in the heart of Los Angeles but also right on a paved city street. This quality beats most vacant lots in the same area and provides ready-to-connect utilities. 1577 N Herbert Ave is located in the Los Angeles County 2-family residential zoning (R2), which not only provides the minimum of 2 residential houses with 2 ADUs on one lot. Combining two lots and taking county housing shortage incentive for developers is an excellent opportunity to bring maximum profit to the right builder. The sale includes two APNs: 5224-023-022 and 5224-023-023.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR2
Interior
Fireplace No
Exterior
Fence Wire
Community Features Park, Street Lights, Sidewalks, Urban
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Overhead Utilities
View Y/N Yes
View City Lights
Present Use See Remarks
Building
Lot Description Near Public Transit, Rectangular Lot, Walkstreet
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5224023022
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Emily Lin • Equity Union
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "