Residential Land For Sale

Picture of Residential Land For Sale in Los Angeles, California, United States

$3,995,000

1876 S La Brea Ave
Los Angeles, California, United States

Listed By: Realtyww Info

Listed On: 06/05/2023

Listing ID: GL10251574 View More Details

Description

HUGE PRICE REDUCTION~! FULLY ENTITLED and priced for a quick sale! Huge 13, 531 Sq Ft Corner Lot! Lot is zoned C2-D2-CPI0 located in prime up-and-coming area! The lot is situated on a corner for maximum exposure and conveniently located to DTLA, Beverly Grove, Beverly Hills, and Koreatown with major transportation, markets, restaurants within short distance. Plans are for a 54 Unit Mixed-Use Apartments with Ground Floor Commercial Spaces using TOC incentives. Previous buildings have already been demolished and fenced off. Property is also in Opportunity Zone for tax benefits! Please use 4927 Washington Blvd for alternate address (APN 5067-013-032). Measure ULA aka mansion-tax does not apply. Properties to be delivered vacant at the close of escrow.

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Listed by: The Agency