Description
Attention Developers! Very rare vacant corner lot with 11,441 square feet zoned C2-2D-CPIO in the heart of Los Angeles. Excellent location for new developments as zoning allows by right up to 27 units. If building 100% affordable units, you can build up to 49 units with no parking as per Los Angeles County Building and Safety. Bring your Architect and design a new masterpiece in this central location adjacent to Shopping Centers, Church, Schools and transportation. Seller and Seller's Broker make no representations as to zoning, permitted use or square feet. Buyer to do their own due diligence and satisfy themselves that the property can be used for their intended purpose. Buyer to participate in Seller's 1031 tax-deferred exchange at no cost to Buyer. Adjacent lot is also for sale listing number PW23146748 with 6,025 square feet for the price of $325,000 zoned LAR1 and can possibly be combined to create an even bigger project.
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0BEDS
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0.26ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Attention Developers! Very rare vacant corner lot with 11,441 square feet zoned C2-2D-CPIO in the heart of Los Angeles. Excellent location for new developments as zoning allows by right up to 27 units. If building 100% affordable units, you can build up to 49 units with no parking as per Los Angeles County Building and Safety. Bring your Architect and design a new masterpiece in this central location adjacent to Shopping Centers, Church, Schools and transportation. Seller and Seller's Broker make no representations as to zoning, permitted use or square feet. Buyer to do their own due diligence and satisfy themselves that the property can be used for their intended purpose. Buyer to participate in Seller's 1031 tax-deferred exchange at no cost to Buyer. Adjacent lot is also for sale listing number PW23146748 with 6,025 square feet for the price of $325,000 zoned LAR1 and can possibly be combined to create an even bigger project.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-29T13:33:22.12. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.