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1451 W Martin Luther King Jr. Blvd
Los Angeles, CA 90062
Development Site -TOC TIER 2 OPPORTUNITY ZONE · Land For Sale
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0.28 AC
Property Facts
| Property Type | Land | Total Lot Size | 0.28 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Zoning | LAC2 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.28 AC |
| No. Stories | 1 |
| Zoning | LAC2 |
Description
Compass Commercial is pleased to present for sale, a development opportunity in South LA. The 12,047± square foot corner lot consists of an existing restaurant with a 1,032 square foot building. The attractive C2 zoning allows a developer to build up to 15 units by right or 50 units under TOC Tier 2 in this thriving area located in the Opportunity Zone. The property will be delivered vacant at the close of escrow.
Property Taxes
| Parcel Number | 5036-031-006 | Improvements Assessment | $5,412 |
| Land Assessment | $1,564,113 | Total Assessment | $1,569,525 |
Property Taxes
Parcel Number
5036-031-006
Land Assessment
$1,564,113
Improvements Assessment
$5,412
Total Assessment
$1,569,525
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