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9,301 Sqft Lot
$ 925,000
Est. payment | /mo
9,301 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 21-786804
Lot Size 9,301 Sqft
Acres 0.2135
Property Description
Development opportunity! 9300 square feet of vacant land with an alleyway. High density rental area, perfect for residential development or Section 8 housing. Zoned R3-1/ TOC Tier 1. Buyer to investigate and confirm zoning with the city of Los Angeles. A 100% New construction -2-story -19-unit-100% affordable apartment built next door (2021 build) on an identical lot. (Buyer to investigate, sourced from city records). Seller has renderings for a 16-unit multi family apartment building. The plans have not been approved, buyer is advised to perform their own personal due diligence with regards to development potential.
Location
State CA
County Los Angeles
Area Metropolitan Southwest
Zoning LAR3
Exterior
Waterfront Description None
View None
Building
Sewer In Street
Water District
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Coldwell Banker Residential Brokerage
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Gregory Masi
REALTOR® | Lic# 1708321