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$ 1,249,000
Est. payment | /mo
5,488 Sqft Lot
$ 1,249,000
Est. payment | /mo
5,488 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26634979
HOA Y/N No
Lot Size 5,488 Sqft
Property Description
SELLER WILL FINANCE 70%-80% LTV. Build in a "hip" Opportunity Zone near Culver. CM (R3) Zoning allows for many permitted uses. CREATIVE/OFFICE, FLEX SPACE, RESTAURANT/BAR, APARTMENTS, CONDOS. "You name it..."Highly-visible, "heart of LA" location - minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA. 5,490 SQ. FT. LOT - it goes street-to-alley, facilitating development AND immediately ready to be reimagined. The CM zoning allows for many commercial uses and also allows for R3-zoned product aka apartments a/o condos. Tier 3 Density Bonus eligible - you get a 70% density bonus when building apartments/condos/townhomes. APN: 5046-006-002 EXCLUSIVELY LISTED AT $1,499,000 REDUCED $250,000 NEW PRICE OF $1,249,000 BRING ALL OFFERS - SELLER WANTS QUICK CLOSE. SELLER WILL FINANCE!!
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAM1
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5046006002
Special Listing Condition Standard

Listed by Brice Head CBRE, Inc.
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