Description
Presenting this 0.17-Acre development opportunity nestled right within one of the most diverse and transit-oriented neighborhoods in Los Angeles. The property sits upon a 7,725-square foot opportunity zone lot. There is an opportunity to develop the property into approximately 34 units. The property is located in a Transit Oriented Community Tier 3 zone. Immediately adjacent to the building is a fourteen-space parking lot for easy and convenient parking. The price per land SF is $278. This property is 100 percent vacant and will be delivered vacant upon the close of escrow. The key features of this property are the close proximity to the Westlake/Macarthur Park Station, which is just a short walking distance away. From the property the station can be reached in ten minutes. As a result of the close proximity to the Westlake/Macarthur Park Station, the property enjoys constant high foot traffic and a close proximity to major retailers, hotel chains, and restaurants. Contact listing agent for offering memorandum.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Presenting this 0.17-Acre development opportunity nestled right within one of the most diverse and transit-oriented neighborhoods in Los Angeles. The property sits upon a 7,725-square foot opportunity zone lot. There is an opportunity to develop the property into approximately 34 units. The property is located in a Transit Oriented Community Tier 3 zone. Immediately adjacent to the building is a fourteen-space parking lot for easy and convenient parking. The price per land SF is $278. This property is 100 percent vacant and will be delivered vacant upon the close of escrow. The key features of this property are the close proximity to the Westlake/Macarthur Park Station, which is just a short walking distance away. From the property the station can be reached in ten minutes. As a result of the close proximity to the Westlake/Macarthur Park Station, the property enjoys constant high foot traffic and a close proximity to major retailers, hotel chains, and restaurants. Contact listing agent for offering memorandum.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T19:28:45.77. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.