2,556 Sqft Lot
2,556 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24241158
HOA Y/N No
Lot Size 2,556 Sqft
Property Description
Discover an unparalleled opportunity in the heart of Los Angeles! This prime vacant lot offers the potential to build multi-residential units, making it an exceptional find in a city where vacant land is increasingly scarce.
The lot is zoned R-3, an easily accessible corner lot ,and it’s also TOC TIER 1 Eligible for higher density building incentives.
Current renter utilizes lot for car storage. Tenant can vacate or new owner can receive rental income while permits and building entitlements are approved.
Situated in a sought-after area, this lot is perfect for developers or investors looking to maximize their ROI in a thriving real estate market. With zoning that supports multi-residential construction, you can bring your vision to life, creating housing that aligns with the city's growing demand for quality living spaces.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6030006032
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner