$1,150,000
This prime real estate opportunity features a sprawling approx. 5,629 SF lot zoned R4(CW) that is strategically positioned in a rapidly appreciating "emerging pocket" just west of Downtown Los Angeles. This property is perfect if you are looking to execute a high-yield ground-up development, the property’s versatile footprint caters to a variety of investment strategies. Located in a high-walkability corridor, the property is surrounded by a rich mix of local dining favorites, essential neighborhood amenities, and streamlined transit options, making it a magnet for future tenants. This is a standout prospect for developers pursuing multifamily housing, creative investors seeking a custom long-term hold, or those looking to capitalize on the proximity to the DTLA tech and entertainment hubs.
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Listed by Alvaro Al Santillan with Century 21 Allstars (562) 863-2121
Property Type
Single Family Residence
Status
Active
MLS Number
DW26086412
Year Built
1901
Lot Size
5,628 sq ft