2424 Michigan Ave | Los Angeles, CA 90033
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- LoopNet Team
2424 Michigan Ave
Los Angeles, CA 90033
RTI - Build 17 Units in Boyle Heights · Land For Sale
·
0.15 AC
INVESTMENT HIGHLIGHTS
- Unique opportunity to acquire a shovel-ready development site
- Already RTI - vacant lot - can start construction immediately - no tenants to relocate / no demolition expenses
- Permitted with ZERO parking requirement allows tremendous construction-cost savings and speedy construction timeline
- Engineered for efficiency and designed to be built economically
- Projected Developer Profit: ~$2,469,000!!!
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 0.15 AC |
| Zoning | LAR3 (Tier 3 TOC) | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.15 AC |
| Zoning | LAR3 (Tier 3 TOC) |
PROPERTY TAXES
| Parcel Number | 5180-002-002 | Improvements Assessment | $0 |
| Land Assessment | $1,724,463 | Total Assessment | $1,724,463 |
PROPERTY TAXES
Parcel Number
5180-002-002
Land Assessment
$1,724,463
Improvements Assessment
$0
Total Assessment
$1,724,463
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