Description
This property is being sold for land value only. Three lots are being sold together for a total of 22,856sqft for ($5,712,000 ) Zoning LAC2. Can build up to 75 ft. high (approx. six story) building(s) with about 77,000 gross square footage and 65000 net living space. Can accommodate up to 90 apartment units - generating up to $225,000 a month. Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.
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3BEDS
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0.17ACRES
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2BATHS
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01/2 BATHS
School Ratings & Info
Description
This property is being sold for land value only. Three lots are being sold together for a total of 22,856sqft for ($5,712,000 ) Zoning LAC2. Can build up to 75 ft. high (approx. six story) building(s) with about 77,000 gross square footage and 65000 net living space. Can accommodate up to 90 apartment units - generating up to $225,000 a month. Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-22T18:31:41.24. 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 Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.