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Land - Los Angeles, CA

Development opportunity! 9300 square feet of vacant land with an alleyway. High density rental area, perfect for residential development or Section 8 housing. Zoned R3-1/ TOC Tier 1. Buyer to investigate and confirm zoning with the city of Los Angeles. A 100% New construction -2-story -19-unit-100% affordable apartment built next door (2021 build) on an identical lot. (Buyer to investigate, sourced from city records). Seller has renderings for a 16-unit multi family apartment building. The plans have not been approved, buyer is advised to perform their own personal due diligence with regards to development potential.

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Contact Seller

Coldwell Banker Realty

License #01064125

Santa Monica, CA

(424) 280-7400

Steven D. Ito

Coldwell Banker Realty
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Is this your property? Sell it faster with premium placement and targeted ads.