Listed by Colliers - Los Angeles - Downtown, California
$1,995,000
1786 N Spring St
Details
APN 5447-026-002 & 5447-026-021
Property Type Land
Sub Type Residential
Lot Size (SqFt) 17,180
Zoning Urban Village (CASP)
Rare Value-add office building with gated, on-site parking sitting on roughly 17,000 SF of land
Marketing description
17,180 SF of Residential Land on the Chinatown & Lincoln Heights border. Benefits from being part of the CASP overlay that implements a more streamlined development process. although the area is currently gentrifying, a project here would be far from pioneering.
Investment highlights
Proven market for new, market-rate and affordable housing with current projects in the pipeline
Zoning conducive to high density multifamily redevelopment
Amenity based location with quality frontage along Spring Street
Transit oriented location with proximity to mass transit and the freeway system
Can be delivered vacant
Located in an Opportunity Zone
Listing Contacts
Listed by Colliers - Los Angeles - Downtown, California
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