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In-PersonVirtual Tour
$ 795,000
Est. payment | /mo
4,068 Sqft Lot
$ 795,000
Est. payment | /mo
4,068 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25516591
HOA Y/N No
Lot Size 4,068 Sqft
Property Description
Development Opportunity ! Rare RTI project for a 100% affordable housing development in Mid-City LA. Plans approved for nine units (2 one-bed, 6 two-bed, 1 three-bed) plus 820 sq. ft. recreation room with ADU potential. Four-story, Type V construction, no parking required, individual gas/electric meters. Low-risk, high cash flow potential, ideal for government lease or LAHD sale. Prime location near Vermont and FWY, close to public transportation. Currently the lot is used as parking which pays $2000 monthly.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LACM
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5056003025
Special Listing Condition Standard
Listed by Maria Samouha • Coldwell Banker Realty
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Natalie Miranda
Marketing Director | License ID: 02122928