Description
Incredible development opportunity just 500 feet from the metro station! this offering includes two contiguous commercial-zoned parcels totaling approximately 21,400 sf. one parcel features a 3-unit building; the other includes five (5) detached 2-bedroom bungalows. combined gross annual income is approximately $75,000 with one unit currently vacant, providing immediate upside potential.preliminary drawings are available for a proposed 120-unit residential development targeting moderate- to low-income housing. ideal for developers seeking a transit-oriented site with income in place during planning and entitlement.do not disturb tenants. contact listing agent for additional information and to access preliminary plans.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
49257767
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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: Assessor
- Lot Size Acres: 0.4913
- Lot Size Dimensions: 150 x143
- Lot Size Source: Assessor
- Lot Size Square Feet: 21400
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Listing Information
Listing Price Information
- Original List Price: 3,450,000
- Listing Contract Date: 2025-04-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5183010006
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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: BOYH - Boyle Heights
- Postal Code Plus 4: 4011
- Directions: CORNER of 3RD street and SOTO. 500 feet from Metro station.
- Zoning: LUM3-SH3-4 XC1-4-CPIO
- Source Property Type: Land
- Area: BOYH - Boyle Heights
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/18/2025 @ 13:19
- MLS: 25521943
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 21,400 sized lot, and 0 parking. are nearby neighborhoods.