Sale price reduced! Seller motivated! Exceptional opportunity to operate a business or develop a prime piece of commercial real estate in the heart of East Los Angeles. Expansive 30,500± SF lot, just under 3/4 of an acre. Perfectly positioned for both residential and commercial projects under the Neighborhood Center (NC) Transect Zone.
Key Features:
• Versatile Zoning: The NC Transect Zone allows for a variety of uses, from individual residential or commercial units to mixed-use projects. With a maximum “by right” density of 22 dwelling units, based on the 30 units per acre density for the (NC) Transect Zone (subject to Regional Planning approval), the potential for development is significant.
• Strategic Location: Enjoy the convenience of being minutes away from the Metro Gold Line Maravilla Station, Obregon Park, popular restaurants, retailers, and major freeways including the 60, I-5, I-10, and 710.
• Rich Cultural Heritage: Immerse yourself in a community with a deep historical background. Notable landmarks include: Golden Gate Theater: A Spanish Baroque Revival Churrigueresque-style movie palace built in 1927, the first East LA building listed in the National Register of Historic Places. Our Lady of Solitude Church: Established in 1925 in a Spanish Colonial Revival style, famously known as a meeting place for Cesar Chavez and the United Farm Workers.
• This property offers a unique blend of development potential and cultural significance, making it an ideal choice for visionary builders and developers. Don’t miss your chance to be part of the vibrant East Los Angeles community.
County planner confirmed by right uses:
• Industrial: Artisan/craft manufacturing
Live/work artist who produces, assembles small products by hand, such as jewelry, pottery, ceramics, glass and metal art, and craft products
• Professional office and medical office
• Retail store for sale of goods and services, clothing, food, furniture, antiques, and art, barber/beauty shop, bicycle rental, express delivery service, veterinary clinic
• Community: Religious/church facility
• Education: Child day care, adult day health community residence
• Residential: Multifamily apartments or single family residence
