$2,600,000
Seller will carry! Situated on a prominent corner lot at the intersection of S Wilton Place and 9th Street in Los Angeles, this rare, rectangular, and 100% flat parcel offers excellent visibility, dual street frontage, and flexible development potential. Outstanding development opportunity ideally positioned for multi-unit residential construction. The property's corner configuration provides superior design flexibility and enhanced light exposure, and improved access key advantages for maximizing unit count and architectural appeal (buyer to verify zoning, density, and development standards). This site presents significant upside potential for developers seeking to capitalize on strong Los Angeles housing demand. Ideal for multifamily or other high-density residential concepts, subject to approvals. Seller is motivated and open to structuring seller financing for qualified buyers, offering the opportunity to reduce upfront capital requirements and enhance overall project returns.
Listed by Sharon Hakimfar with THE Real Estate Agency (310) 480-1911
Property Type
Commercial Sale
Status
Active
MLS Number
26657027
Year Built
1922
Lot Size
9,753 sq ft
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1212 S San Pedro St, Los Angeles
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