DEVELOPERS – DON’T MISS THIS OPPORTUNITY! Exceptional opportunity to acquire a 19,500 SF corner lot in the City of Los Angeles with significant development potential. Preliminary concepts indicate the potential for approximately 140 units of affordable housing, subject to city approvals. The property offers a compelling basis at approximately $20,000 per potential unit, providing an attractive entry point for developers seeking a large-scale residential development opportunity. Conveniently located near freeways, schools, shopping, and everyday amenities, making this an attractive location for a residential development project. The seller may consider financing for a qualified buyer, potentially providing additional flexibility through the RTI process.
98,000 Sq Ft
0.4458 Acres privados Tamaño del lote
apartamento
Creado en 2023
MLS/ID del anuncio SR26007642
140 Unidades
Community - Urban
Public Water
Public Sewer
COSTO MENSUAL TOTAL
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Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.