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617 82nd -1
Los Angeles, CA 90044
617 West 82nd street Los Angeles, CA 90044 · Land For Sale · 0.21 AC

Investment Highlights

  • Vacant Land /Prime Infill
  • High density rental market
  • Zoned: R3-1 TOC Tier 1

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.21 AC
No. Stories 1
Zoning R3-1/ TOC-1

Description

Development opportunity! 9300 square feet of vacant land with an alleyway. High density rental area, perfect for residential development or Section 8 housing. Zoned R3-1/ TOC Tier 1. Buyer to investigate and confirm zoning with the city of Los Angeles. **A 100% New construction -2-story -19-unit-100% affordable apartment built next door ( 2021 build ) on an identical lot. (Buyer to investigate the information was sourced from city records). The subject property is located in a high demand and densely populated rental market. Close to public transportation, freeway system, retail, food services, house of worship and schools. Strong demand for New housing in this sector of the Los Angeles housing market. Buyer is advised to perform their own personal due diligence with regards to development potential. Seller has "NON APPROVED" renderings for a 16-unit multi family apartment building. Disclosure: Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property information was provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Buyer is advised to verify land use with city of Los Angeles. CDC COVID19 guidelines are to be followed.

Property Taxes

Property Taxes

Parcel Number
6032-024-021
Land Assessment
$120,046
Improvements Assessment
$0
Total Assessment
$120,046
  • Listing ID: 24153420

  • Date on Market: 9/23/2021

  • Last Updated:

  • Address: 617 82nd -1, Los Angeles, CA 90044

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