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$1,995,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
10/21/2024 07:00 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB24168829
HOA Y/N No
Lot Size 0.306 Acres
Acres 0.3064
Property Description
LA Premier is pleased to introduce a 36 unit RTI Site in Boyle Hights, just a few miles away from downtown LA. The current approved plans consist of 36 one bedroom units and 40 parking spots, with total rentable SF of 26,970. The property also offers affordable housing opportunities, that can potentially allow for 50+ units. Constructions quotes as low as $196 a foot for affordable housing. Boyle Heights, historically known as Paredón Blanco is a neighborhood in Los Angeles, California, located east of the Los Angeles River and host to USC + UCLA Medical Center. The city is served by several major freeways, including the 5, 10, 101, and 60 making it easily accessible to other parts of the city. The neighborhood is also served by several Metro bus lines and the Yellow Line rapid transit busway. Overall, Boyle Heights is a diverse and vibrant neighborhood that offers a mix of residential and commercial amenities.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAC2
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 5179004064
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by David Nalbandyan • LA Premier Realty • info@lapremierrealty.com