Land - 1833 W Pico Boulevard, Los Angeles, CA

$985,000

1833 W Pico Boulevard, Los Angeles, CA

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Description

PRICE SLASHED - POTENTIAL 24 UNITS - COMMERCIAL ZONE TO BUILD MORE - AND Owner may consider an Exchange Offer, or even Finance Your Purchase! COMMERCIAL ZONED PROPERTY - RIGHT IN FRONT OF THE BUS STOP - MIXED-USED COMMERCIAL/RESIDENTIAL DEVELOPMENT maybe 24-26 UNITS WITH STORES ON THE BOTTOM, check with the City B&S Dept. 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!!

Property details

Property type

Land

Lot size

6,247 sqft

Location

1833 W Pico Boulevard • Los Angeles, CA 90006

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Listed by

Bruce Jay · Bruce Jay Associates

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Buyer's agent: Brian Estes, Re/Max Commercial & Investment | DRE #01394559
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Closed sales reported in 90006, nearest first, last 12 months. All recent sales in Los Angeles →