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Land - 1817 Sichel Street, Los Angeles, CA

$975,000

1817 Sichel Street, Los Angeles, CA

1817 Sichel Street, Los Angeles, CA 90031 - $975,000 · Land for Sale, photo 1 1817 Sichel Street, Los Angeles, CA 90031 - $975,000 · Land for Sale, photo 2 1817 Sichel Street, Los Angeles, CA 90031 - $975,000 · Land for Sale, photo 3 1817 Sichel Street, Los Angeles, CA 90031 - $975,000 · Land for Sale, photo 4 1817 Sichel Street, Los Angeles, CA 90031 - $975,000 · Land for Sale, photo 5
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Description

$325,000 Price Reduction. Onwner Purchased for 1.3 Million. 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

Property details

Property type
Land
Lot size
9,077 sqft

Location

1817 Sichel Street • Los Angeles, CA 90031

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Listed by

Jon Emrani · Marcus & Millichap

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Recent sales near 1817 Sichel Street

Closed sales reported in 90031, nearest first, last 12 months. All recent sales in Los Angeles →

Sale history for 1817 Sichel Street → (2 recorded sales)

Listing courtesy of Marcus & Millichap. Information deemed reliable but not guaranteed.

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