5304 S Figueroa ST Active

Los Angeles,CA 90037

$ 1750000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25027402

HOA Y/N No

Lot Size 0.279 Acres

Property Description

A 32-unit affordable housing development opportunity on a 12,150 square foot (0.27 acres) lot in the Vermont Harbor neighborhood of South Los Angeles. The current owner has completed the project to ready-to-issue permits making it a lucrative opportunity for any merchant builder wanting to avoid the long lead times.

All buildings have demolished. Shovel ready land.


-SOILS REPORT HAS ALREADY BEEN COMPLETED
-READY-TO-ISSUE PERMITS FOR 32-UNITS
-ONLY THREE STORIES WHICH LOWERS COSTS DRAMATICALLY
-NO TENANT RELOCATION AT ALL

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAC2

Interior

Fireplace No

Exterior

Community Features Sidewalks

View Y/N No

View None

Building

Water Public

New Construction No

Others

Senior Community No

Tax ID 5001035010

Acceptable Financing Cash,Conventional,Owner Will Carry,Owner May Carry

Listing Terms Cash,Conventional,Owner Will Carry,Owner May Carry

Special Listing Condition Standard

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