2323 E 3rd ST Active

Los Angeles,CA 90033

$ 3450000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25521943

HOA Y/N No

Lot Size 0.491 Acres

Lot Dimensions Assessor

Property Description

Incredible development opportunity just 500 feet from the Metro station! This offering includes two contiguous commercial-zoned parcels totaling approximately 21,400 SF. One parcel features a 3-unit building; the other includes five (5) detached 2-bedroom bungalows. Combined gross annual income is approximately $75,000 with one unit currently vacant, providing immediate upside potential.Preliminary drawings are available for a proposed 120-unit residential development targeting moderate- to low-income housing. Ideal for developers seeking a transit-oriented site with income in place during planning and entitlement.Do not disturb tenants. Contact listing agent for additional information and to access preliminary plans.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LUM3-SH3-4 XC1-4-CPIO

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5183010006

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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