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Listed by JOHANS LIN • Johans Lin, Broker
$ 3,580,000
Est. payment | /mo
5,283 SqFt
$ 3,580,000
Est. payment | /mo
5,283 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 5,283 sqft
Price per Sqft $677
MLS Listing ID CRWS25055004
HOA Y/N No
Year Built 1938
Lot Size 0.418 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
Located in one of Los Angeles’ most rapidly growing neighborhoods, this LARD 1.5-zoned property offers a prime investment and development opportunity. With significant potential for multi-unit construction, this site is ideal for developers seeking to maximize density and long-term value. The property currently features nine individual houses and a salon, providing immediate rental income while serving as a strong foundation for future redevelopment. Strategically positioned in Glassell Park, this site offers seamless access to major freeways, ensuring efficient connectivity to Downtown LA, Silver Lake, and Glendale. The area’s ongoing growth and demand for housing make this an exceptional opportunity for investors looking to develop in a high-potential market.Whether for redevelopment, expansion, or a value-add project, this property presents a rare chance to create a high-performing asset in a sought-after Los Angeles location
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Fireplace No
Building
Water Public
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