$485,000
!!!!!!!!!!!!!!Great opportunity to own a rare flat level lot zoned C3 for commercial or residential use. Although sold for land value only, there is an existing vacant home on the property, but needs a lot of work. Seller has tentative verbal approval for 6 units development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus development and ADU's. Property has both street access and convenient alley access for more development choices and opportunities. Property is located in County of Los Angeles. Property SOLD in its present condition and "AS IS", with no warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. INVESTORS DELIGHT INCREDIBLE DEAL. MAKE IT PART OF YOUR PORTFOLIO!!!!!!!!!!!!!!!!
Listed by Beatriz Serna with Elite Homes Realty (714) 820-4030
Property Type
Single Family Residence
Status
Active
MLS Number
PW26173168
Year Built
1924
Lot Size
4,757 sq ft
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11720 S San Pedro, Los Angeles
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