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$ 925,000
Est. payment | /mo
9,300 Sqft Lot
$ 925,000
Est. payment | /mo
9,300 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 21786804
HOA Y/N No
Lot Size 9,300 Sqft
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 C36 - Metropolitan Southwest
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
Lot Description Flat
Sewer Other
Others
Senior Community No
Tax ID 6032024021
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Steven D. Ito • Coldwell Banker Realty
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Jamie Ambrose
License ID: 02113379
23670 Hawthorne Blvd # 100, Torrance, CA, 90505, United States