1157 1201 E 20th Street

Los Angeles, CA 90011

  • 0 Sqft
  • 10886
    Sqft(Lot)
$1,300,000

Description

We are pleased to present a 10,886 square foot double lot located at 1157-1201 east 20th street in los angeles, california. the subject property is situated in a great south-central los angeles location, east of s central ave and south of e washington boulevard. this offering is positioned on two (2) parcels totaling 10,886 square feet of land with a zoning ordinance of lar3-1. this allows for fourteen (14) units by-right. the lots are currently operating as a multifamily property with a total of seven (7) units giving a developer income while going through entitlements. the double lot is large offering developers a great opportunity to utilize ed1 with no maximum density requirement, and ab 2097 with no minimum parking requirement. per ed1 this property has potential to bypass the maximum height requirements. limited additional concessions or incentives are granted under the state density bonus program. by utilizing ed1 there is potential to up to eighty (80) units. this asset is positioned near many great local amenities including trinity recreation center, 1720, planet fitness, the boil daddy, and 27th street bakery. situated in a great south-central los angeles location, this offering presents an excellent opportunity for any developer to capitalize on a large double lot with the potential to build up to eighty (80) units utilizing ed1.

  • Property Type

    Land
  • County

    Los Angeles
  • Style

    Land
  • AD ID

    46945745

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Property Details

  • Bathroom Information

    • Total Baths: 0
    • Full Baths: 0
    • Half Baths: 0

    Water/Sewer

    • Sewer : Other
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2499
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10886
  • Listing Price Information

    • Original List Price: 1,300,000
    • Listing Contract Date: 2024-09-16

    Lease Information

    • Listing Agreement: Seller Reserved
  • Tax Information

    • Parcel Number: 5131008027
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C42 - Downtown L.A.
    • Postal Code Plus 4: 1202
    • Directions: The subject property is situated in a great South-Central Los Angeles location, east of S Central Ave and south of E Washington Boulevard.
    • Zoning: LAR3
    • Source Property Type: Land
    • Area: C42 - Downtown L.A.

    Building and Construction

    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 12/04/2024 @ 13:52

  • MLS: 24440391
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 10,886 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90011, this Los Angeles County Land are nearby neighborhoods.