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$ 795,000
Est. payment | /mo
4,070 Sqft Lot
$ 795,000
Est. payment | /mo
4,070 Sqft Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25491007
HOA Y/N No
Lot Size 4,070 Sqft
Acres 0.09
Property Sub-Type Other
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
Zoning LACM
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 5056003025

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Listed by Maria Samouha • Coldwell Banker Realty