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25828 President Ave - Industrial Harbor City Development 0.22 Acres of Industrial Land Offered at $980,000 in Harbor City, CA 90710
Investment Highlights
- Flat Lot
- Redevelopment Potential
- Corner Lot
Executive Summary
Harbor City Redevelopment Opportunity: Great opportunity to acquire a 10,000-square-foot lot in Harbor City offering multiple potential uses. The property currently features a duplex and an auto repair shop, making it an attractive opportunity for an owner user, investor, or buyer seeking an income-producing property with additional workspace. The property offers potential for residential, income-producing, and redevelopment uses. Per preliminary discussions with the City of Los Angeles, the property’s MR1 zoning may offer multifamily residential redevelopment potential. Buyer to independently verify all zoning, allowable density, unit count, development standards and redevelopment potential directly with the City of Los Angeles.
Property Facts
1 Lot Available
Lot
| Price | $980,000 | Lot Size | 0.22 AC |
| Price Per AC | $4,454,545.45 |
| Price | $980,000 |
| Price Per AC | $4,454,545.45 |
| Lot Size | 0.22 AC |
10,006 SF lot improved with an existing auto repair shop and 2 residential units
Description
Harbor City Mixed-Use / Industrial Opportunity. Approximately 10,006 SF lot improved with an existing auto repair workshop and two residential units. The property offers a unique opportunity for an owner-user, investor, or developer seeking a versatile property with industrial, residential, and potential redevelopment uses. Property is being offered in its current as-is condition. Buyer to independently verify zoning, permitted uses, square footage, and development potential.
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Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 7411-007-044 | Improvements Assessment | $13,929 |
| Land Assessment | $376,349 | Total Assessment | $390,278 |
Property Taxes
Parcel Number
7411-007-044
Land Assessment
$376,349
Improvements Assessment
$13,929
Total Assessment
$390,278
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