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1577 N Herbert, East Los Angeles, CA 90063

Commercial property

1577 N Herbert, East Los Angeles, CA 90063 Sold August 2024 CRMLS
$285,000Sold August 2024

Listing Agent: Emily Lin (DRE #02130063) · Listing Office: Equity Union · Contact: 310-751-4137 · Bought with: Emily Lin · Equity Union · MLS #SB24137420 · Source: CRMLS

12,687 sqft
Lot Size
LCR2
Zoning
Commercial property
Type

About this commercial property

Two lots together are over 12,000 sqft and are located not just in the heart of Los Angeles but also right on a paved city street. This quality beats most vacant lots in the same area and provides ready-to-connect utilities. 1577 N Herbert Ave is located in the Los Angeles County 2-family residential zoning (R2), which not only provides the minimum of 2 residential houses with 2 ADUs on one lot. Combining two lots and taking county housing shortage incentive for developers is an excellent opportunity to bring maximum profit to the right builder. The sale includes two APNs: 5224-023-022 and 5224-023-023.

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$285,000
Sold August 2024 · listed $298,000, on market July 2024 · MLS #SB24137420 · Source: CRMLS
Listing Agent: Emily Lin · Listing Office: Equity Union · Contact: 310-751-4137 · Bought with: Emily Lin · Equity Union
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