$795,000
2 HOUSES on a Big Corner Lot fully rented. owner replaced roofs and sewers, property recently passed city inspection-Great Development opportunity to purchase an 6160 SF lot located in South LA, zoned as C2. A developer could build up to 23 units using entitlements from the city or continue with proposed plans that are already in the process to qualify for an 18 unit T.O.C. Tier 1 - 5 story multi use building. Plans are (non-RTI) but the owner has already went through many steps of the T.O.C. process and been approved to submit for final T.O.C. approval.
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Listed by Susan Stanley with HOME TEAM REALTY (310) 539-4300
Property Type
Duplex
Status
Active
MLS Number
IN26051055
Year Built
1940
Lot Size
6,159 sq ft