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11878 S Main St 0.14 Acres of Commercial Land Offered at $799,000 in Los Angeles, CA 90061

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INVESTMENT HIGHLIGHTS

  • Ready To Build (RTI)
  • Delivered Vacant
  • Affordable 3-story Construction
  • Corner Lot

EXECUTIVE SUMMARY

17 unit project located in Los Angeles, CA. The site will be delivered to buyer RTI (a shovel-ready project). The plans are for a 100% affordable apartment building consisting of 16: 1Bed units and 1: 2 Bed Unit. The project is only 3 stories high with on-grade construction, delivering a cost-effective and easy-to-build project.

PROPERTY FACTS

Price $799,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Subsidized
Total Lot Size 0.14 AC
No. Stories 1
Zoning LAR4 / C2-1VL-CPIO - High-Density Residential Zoning

1 LOT AVAILABLE

Lot

Price $799,000
Price Per AC $5,786,291.05
Lot Size 0.14 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6083-025-028
Land Assessment
$444,165
Improvements Assessment
$191,017
Total Assessment
$635,182
  • Listing ID: 35493082

  • Date on Market: 4/15/2025

  • Last Updated:

  • Address: 11878 S Main St, Los Angeles, CA 90061

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