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Tera Rench

terarenchre@gmail.com +1(262) 370-7299

$2,399,000

Est. payment - /mo

9,003 Sqft Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25102562

HOA Y/N No

Lot Size 9,003 Sqft

Property Description

Presented for sale is a centrally located prime R4 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives! Your chance to build an amazing project in the heart of Los Angeles with no evictions, relocation assistance or SB8 replacement of protected units necessary as it will be delivered vacant. This lot boasts central location minutes to Hollywood, Silver Lake, Downtown LA or Korea Town with a WalkScore of 92/100 - walker's paradise. The neighborhood has a lot of nearby conveniences, stores and restaurants. It is close to public transportation and major freeway access. Property is also located inside the Opportunity Zone, which can give major tax incentives to the right developer. Current structure is a 3-unit building. This is not to be missed! Contact listing agent today!

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Fireplace No

Exterior

Community Features Street Lights, Sidewalks

View Y/N Yes

View City Lights, Neighborhood

Building

Lot Description Front Yard, Garden

Water Public

New Construction No

Others

Senior Community No

Tax ID 5518007013

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by E. Jaz Pinca EJP & Associates 949-373-5529, DRE #01832110

NEARBY SCHOOL & BUSINESS

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240 S Normandie AVE Los Angeles, CA 90004