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$1,770,000
Est. payment /mo
10,410 Sqft Lot
UPDATED:
09/30/2024 06:46 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24397385
HOA Y/N No
Lot Size 10,410 Sqft
Lot Dimensions Assessor
Property Description
Exciting Investment Opportunity: Prime Land Available for SaleUnlock the potential of approximately 10,409 square feet of commercial land situated in the coveted C2 zone, ideally positioned on West Jefferson Blvd. This prime location boasts unparalleled proximity to prestigious USC and the vibrant heart of Downtown LA.What makes this offering truly exceptional is its development potential. With the ability to construct up to 52 units per state density bonus, the possibilities for transformative development are vast. Moreover, the property qualifies for 100% affordability under the ED1 designation, granting developers the unprecedented advantage of unlimited density.But that's not all - imagine the potential when you consider that the adjacent land, identical in size, is also available for sale. By acquiring both parcels, you can effectively double the size of the land, providing even greater flexibility and scope for your development vision.Seize the chance to create something truly remarkable in this thriving enclave of West Jefferson Blvd. This is your invitation to craft an iconic addition to the landscape, elevating the community while maximizing returns on investment. All information provided is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence to verify accuracy.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAC2
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
Lot Description Flat
New Construction No
Others
Senior Community No
Tax ID 5052023040
Special Listing Condition Standard
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Listed by Nick Hadim • Nick Hadim Group of Companies
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908