Property
Listing Agent: Irene Lopez (DRE #01126918) · Listing Office: HomeLife Platinum Realty · Contact: 626-705-5547 · Bought with: Carmen Caudillo · Berkshire Hathaway HomeServices California Properties · MLS #CV24067018 · Source: CRMLS
Residential Development Opportunity in Los Angeles - exceptional opportunity for developers and investors alike in the heart of Los Angeles. This vacant land parcel spans 2250 square feet of flat terrain, presenting a blank canvas for your next residential project. Situated in the City of Angels, this property is in the coveted location within the Opportunity Zone, offering potential tax incentives for savvy investors and is within close proximity to major transit stops and high-quality transit corridors, providing convenient access to urban amenities and transportation networks. Per assessor records, it is zoned LAR2, presenting a myriad of possibilities for residential development capitalizing on the demand for housing in this vibrant urban landscape. Offering street frontage, this lot offers ease of access for construction vehicles and potential residents alike.
Listing description from the May 2024 sale, as reported to CRMLS.