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Listed by Christopher Martinez Diaz • Vinco Vinco Realty & Investments Inc
$2,000,000
Est. payment /mo
6,368 SqFt
UPDATED:
11/02/2024 09:24 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 6,368 sqft
Price per Sqft $314
MLS Listing ID CRSR24226072
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 6,368 Sqft
Property Description
Expansive land spanning an entire city block from 66th to 67th Street, comprising five adjacent lots totaling 20,817 square feet of commercially zoned land (C2-1VL-CPIO). This vacant land presents various development possibilities, from retail commercial projects to multifamily housing. This unique property is a standout development opportunity in the heart of South Los Angeles. Assembling multiple parcels like this is exceptionally rare, saving investors significant time and resources. Its considerable size also eliminates the hurdles of demolishing and replacing old units, a notable advantage given the complex political climate surrounding new developments in Los Angeles. The sale includes parcel numbers 6015-016-003, 6015-016-004, 6015-016-005, 6015-016-029, and 6015-016-030, which must be sold together.
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View City Lights
Building
Lot Description Corner Lot
Water Public
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