1817 Sichel Street, Los Angeles, California 90031
$975,000
- Property Type
- Land
- City
- Los Angeles
- Status
- Active
$325,000 Price Reduction. Onwner Purchased for 1.3 Million. A 9,074 sq. ft. lot that was previously a single-family home was demolished in 2020. The owner has pulled RTI plans for 18 units and has done all the work to prepare a buildable lot. Some valuable aspects of the site include its SB8 status, 55 feet of frontage, location in a Qualified Opportunity Zone, and the fact that there is no need for structure demolition or tenant relocation. The property is located in Lincoln Heights, one of LA's oldest suburbs and a rapidly developing area; it is close to Downtown Los Angeles and offers a historic charm and many new retail and dining experiences on top of good transit and accessibility
About
Listed by Jon Emrani with Marcus & Millichap
Quick Facts
MLS Property Type
Land
Status
Active
MLS Number
26700583
Lot Size
9,077 sq ft
Location
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Details
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