Description
Development opportunity! 9300 square feet of vacant land with an alleyway. High density rental area, perfect for residential development or Section 8 housing. Zoned R3-1/ TOC Tier 1. Buyer to investigate and confirm zoning with the city of Los Angeles. A 100% New construction -2-story -19-unit-100% affordable apartment built next door (2021 build) on an identical lot. (Buyer to investigate, sourced from city records). Seller has renderings for a 16-unit multi family apartment building. The plans have not been approved, buyer is advised to perform their own personal due diligence with regards to development potential.
-
0BEDS
-
0.21ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Development opportunity! 9300 square feet of vacant land with an alleyway. High density rental area, perfect for residential development or Section 8 housing. Zoned R3-1/ TOC Tier 1. Buyer to investigate and confirm zoning with the city of Los Angeles. A 100% New construction -2-story -19-unit-100% affordable apartment built next door (2021 build) on an identical lot. (Buyer to investigate, sourced from city records). Seller has renderings for a 16-unit multi family apartment building. The plans have not been approved, buyer is advised to perform their own personal due diligence with regards to development potential.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-05T01:54:11.577. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.