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$1,100,000
Est. payment /mo
9,077 Sqft Lot
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26700583
Lot Size 9,077 Sqft
Acres 0.2084
Property Description
$200,000 price reduction. A 9,074 sq. ft. lot that was previously a single-family home was demolished in 2020. The owner has pulled RTI plans for 18 units and has done all the work to prepare a buildable lot. Some valuable aspects of the site include its SB8 status, 55 feet of frontage, location in a Qualified Opportunity Zone, and the fact that there is no need for structure demolition or tenant relocation. The property is located in Lincoln Heights, one of LA's oldest suburbs and a rapidly developing area; it is close to Downtown Los Angeles and offers a historic charm and many new retail and dining experiences on top of good transit and accessibility
Location
State CA
County Los Angeles
Area Lincoln Heights
Zoning LAR3
Exterior
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Special Listing Condition Standard
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Listed by Marcus & Millichap
NEARBY SCHOOL & BUSINESS
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