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$795,000
Est. payment /mo
17 Beds
16 Baths
4,068 Sqft Lot
UPDATED:
02/06/2025 01:25 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25491007
Bedrooms 17
HOA Y/N No
Lot Size 4,068 Sqft
Property Description
Development Opportunity ! Rare RTI project for a 100% affordable housing development in Mid-City LA. Plans approved for nine units (2 one-bed, 6 two-bed, 1 three-bed) plus 820 sq. ft. recreation room with ADU potential. Four-story, Type V construction, no parking required, individual gas/electric meters. Low-risk, high cash flow potential, ideal for government lease or LAHD sale. Prime location near Vermont and FWY, close to public transportation. Currently the lot is used as parking which pays $2000 monthly.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LACM
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5056003025
Special Listing Condition Standard
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Listed by Maria Samouha • Coldwell Banker Realty