2
See all 2 photos
$1,750,000
Est. payment /mo
0.28 Acres Lot
Active
5304 S Figueroa ST Los Angeles, CA 90037
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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
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
Listed by Deborah Moussighi • Keller Williams Luxury • 818-585-2758