• 14,632 sq.ft. lot
offered at $1,240,000
Status: Active // Property Type:
County: Los Angeles

Property Description

$110,000 Price reduction:This is a development opportunity in Boyle Heights, Los Angeles. The lot consists of 14,632 sq. ft. of RD 1.5-1-CUGU land. It is situated on a corner lot with alley access and has the lot dimensions of 98 X 149. Currently the property has 5 units that are occupied and will bring in income for a buyer as they go through their entitlements. Boyle Heights is a rapidly improving neighborhood, with many artists and younger renters moving in. The site is .01 miles away from the Metro Soto station, which is a two minute walk. The location is also very close to many restaurants, schools and places of business boasting a great Walkscore of 90. Owner has expired plans for 14 units which can be changed to 12 units and shovel ready in about 4 months.

Listing Courtesy of Jon Emrani, Marcus & Millichap

  • raj qsar
    Principal | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of October 12, 2017. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.