Listed by Marcus & Millichap - Los Angeles
$1,100,000
No SB8
Details
APN 5210-008-022
Property Type Land
Lot Size (SqFt) 9,074
Zoning R-3
Vacant Lot no SB8
Marketing description
Land • 0.208 Acres
Investment highlights
Marcus & Millichap is pleased to present a 9,074 sq. ft. lot that was previously a single-family home 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
Listing Contacts
Listed by Marcus & Millichap - Los Angeles
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