$1,770,000 Price Analysis   ♡   Los Angeles, CA 90018 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.24 acre lot. Listed 2024-05-29 | Ⓧ USDA Ineligible due to property near Los Angeles |
Exciting Investment Opportunity: Prime Land Available for SaleUnlock the potential of approximately 10
409 square feet of commercial land situated in the coveted C2 zone, ideally positioned on West Jefferson Blvd. This prime location boasts unparalleled proximity to prestigious USC and the vibrant heart of Downtown LA.What makes this offering truly exceptional is its development potential. With the ability to construct up to 52 units per state density bonus, the possibilities for transformative development are vast. Moreover, the property qulifies for 100% affordability under the ED1 designation, granting developers the unprecedented advantage of unlimited density.But that's not all - imagine the potential when you consider that the adjacent land, identical in size, is also available for sale.
By acquiring both parcels, you can effectively double the size of the land, providing even greater flexibility and scope for your development vision.Seize the chance to create something truly remarkable in this thriving enclave of West Jefferson Blvd. This is your invitation to craft an iconic addition to the landscape, elevating the community while maximizing returns on investment. All information provided is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence to verify accuracy.
Presented by Nick Hadim at
Nick Hadim Group of Companies.
Property MLS #24-397385 from TheMLSCLAW
Lot Size Acres: 0.2390266
Lot Size Dimensions: 80x130
Lot Size Source: Vendor Enhanced
Topography: Flat
Lot Size Square Feet: 10412
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Current Use: Commercial C2 Land
Directions: Jefferson Blvd. Just east of Arlington.
Source Property Type: Land
Possible Use: ED1- Low Income Housing, etc.
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5052-023-040
Postal Code Plus 4: 3419
Property Location: Alley Access, Flats
Zoning: LAC2
Source System Name: C2C
$1,770,000
TheMLSCLAW
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.