Description
Development opportunity ! rare rti project for a 100% affordable housing development in mid-city la. plans approved for nine units (2 one-bed, 6 two-bed, 1 three-bed) plus 820 sq. ft. recreation room with adu potential. four-story, type v construction, no parking required, individual gas/electric meters. low-risk, high cash flow potential, ideal for government lease or lahd sale. prime location near vermont and fwy, close to public transportation. currently the lot is used as parking which pays $2000 monthly.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
49085257
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0934
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 4070
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Listing Information
Listing Price Information
- Original List Price: 795,000
- Listing Contract Date: 2025-01-29
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5056003025
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C16 - Mid Los Angeles
- Postal Code Plus 4: 4607
- Directions: Westmoreland and Venice Blvd.
- Zoning: LACM
- Source Property Type: Land
- Area: C16 - Mid Los Angeles
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/21/2025 @ 02:00
- MLS: 25516591
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 4,070 sized lot, and 0 parking. are nearby neighborhoods.