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$2,000,000
Est. payment /mo
6,368 Sqft Lot
UPDATED:
11/02/2024 02:40 AM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24226072
HOA Y/N No
Lot Size 6,368 Sqft
Acres 0.1462
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.
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.
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
Area Los Angeles (90044)
Building
Lot Description Corner Lot
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $13
Acceptable Financing Cash
Listing Terms Cash
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Listed by Christopher Martinez Diaz • Vinco Vinco Realty & Investments Inc
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