This Land Property is no longer advertised on LoopNet.com.

100 S Mariposa Ave
Los Angeles, CA 90004
36 Unit Development Site - Opportunity Zone · Land For Sale · 0.22 AC

Investment Highlights

  • Corner Lot
  • Multi Family Zoned
  • Entitlement Process Started
  • 120 Ft Frontage
  • Located in Opportunity Zone
  • Central Location

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.22 AC
Zoning LAR4

Description

Presented for sale is a prime lot for development in Wilshire Center/Korea Town area of Los Angeles. Zoned R4-1 TOC Tier 3. Entitlement process has been started. Current plan is to build 36 units, however, you can go up to 40 units. Located inside the Opportunity Zone, this highly desirable project can give major tax incentives to the right developer. This corner lot project also boasts central location minutes to Hollywood, downtown LA or Silver Lake with a WalkScore of 86/100 - very walkable. The neighborhood has a lot of nearby conveniences, stores and restaurants. It is also close to public transportation and major freeway access. Current structure is a 4-unit building. All units can be delivered free of tenants. This is not to be missed. Contact listing agent today!

Property Taxes

Property Taxes

Parcel Number
5518-009-017
Land Assessment
$390,919
Improvements Assessment
$166,552
Total Assessment
$557,471
  • Listing ID: 24035718

  • Date on Market: 9/3/2021

  • Last Updated:

  • Address: 100 S Mariposa Ave, Los Angeles, CA 90004

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