$1,088,000
About this home
MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! AS THE INTEREST RATES COME DOWN THE DEVELOPMENT RE-SALE GOES UP UP UP! EASY ACCESS PRIME STREET! COMMERCIAL ZONED PROPERTY - RIGHT IN FRONT OF THE BUS STOP - MIXED-USED COMMERCIAL/RESIDENTIAL DEVELOPMENT SIGE Poss 24-26 UNITS WITH STORES ON THE BOTTOM. HARD TO FIND LAND IN THIS LOCATION! COULD BUILD FOR ENTIRE Sec 8 Rentals with Gov't Guaranteed Income! CM Zone = More Building Allowances from the BUILDING & SAFETY Dept. MAY BE POSSIBLE TO BUILD WITH NO PARKING (WHICH MEANS MORE RENTAL UNITS): THUS, Possibly NO PARKING GARAGE REQUIREMENTS! 6246 SF Lot at a BUS STOP IN FRONT! Perfect for a Strong Future Money-Maker Investment with USA Guaranteed Section 8 Rental Income!!
Facts & features
- Bathrooms
- 0 full, 0 half
- Lot size
- 0.143 acres (6,247 sq ft)
- Area
- C 42 - Downtown L.A.
- County
- Los Angeles
- Status
- Active
- Property type
- Land
- Days on market
- 1206
- Listed
- 2023-03-17
- Original price
- $1,350,000
- Parcel #
- 5137034017
- MLS #
- 23251969