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Listed by Steven Gray • eXp Realty of Greater Los Angeles
$ 1,000,000
Est. payment | /mo
5,252 SqFt
$ 1,000,000
Est. payment | /mo
5,252 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,252 sqft
Price per Sqft $190
MLS Listing ID CRPW25090161
HOA Y/N No
Year Built 1930
Lot Size 5,252 Sqft
Property Sub-Type OTHER
Source Datashare California Regional
Property Description
This mix-use property presents a rare RTI (Ready-to-Issue) development opportunity with approved plans and permits to develop a 14 unit all 1B/1B multifamily project, this property is perfect for developers seeking a value-add investment with significant upside. The lot currently includes two buildings, one of which is boarded up, and has an existing tenant (seller will deliver vacant as part of offering and asking price). The location offers excellent visibility and is surrounded by residential and commercial properties, making it ideal for mixed-use or multifamily housing. The tenant will be vacated before COE, and RTI delivered approved and ready at COE.
Location
State CA
County Los Angeles
Interior
Heating Space Heater
Cooling No Air Conditioning
Flooring Tile, Carpet
Fireplace No
Laundry No Hookups
Exterior
View None
Building
Lot Description Other

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