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2315-2319 Griffith Ave - Owner Wants All Offers 0.15 Acres of Residential Land Offered at $575,000 in Los Angeles, CA 90011
Executive Summary
Residential development opportunity in Los Angeles. The approximately 6,521 SF lot is zoned LAR4 and offers potential for multifamily residential development. Centrally located near Griffith Avenue and 24th Street with convenient access to Downtown Los Angeles. Buyer to independently verify zoning, density, entitlements and development feasibility.
Property Facts
| Price | $575,000 | Proposed Use | Apartment Units |
| Sale Type | Investment or Owner User | Total Lot Size | 0.15 AC |
| Sale Condition | Distress Sale | No. Stories | 1 |
| No. Lots | 1 | Cross Streets | 24th Street |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | R4-1 - Multiple Dwelling | ||
| Price | $575,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Distress Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.15 AC |
| No. Stories | 1 |
| Cross Streets | 24th Street |
| Opportunity Zone |
Yes |
| Zoning | R4-1 - Multiple Dwelling |
1 Lot Available
Lot 13
| Price | $575,000 | Lot Size | 0.15 AC |
| Price Per AC | $3,859,060.40 |
| Price | $575,000 |
| Price Per AC | $3,859,060.40 |
| Lot Size | 0.15 AC |
Approximately 6,521 SF infill lot near Griffith Avenue and E. 24th Street in a dense residential neighborhood south of Downtown Los Angeles. Near USC, the Fashion District, schools, transit, shopping and the I-10 Freeway.
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5131-019-013 | Improvements Assessment | $4,873 |
| Land Assessment | $17,866 | Total Assessment | $22,739 |
Property Taxes
Parcel Number
5131-019-013
Land Assessment
$17,866
Improvements Assessment
$4,873
Total Assessment
$22,739
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