700 W 120th St
Los Angeles, CA 90044
700 W 120th St · Land For Sale
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0.22 AC
Investment Highlights
- Delivered RTI for 50 units
- 9,605 Sq Ft Corner Lot
- ED1 - 100% Affordable Project
Property Facts
Description
We are pleased to present an outstanding investment opportunity at 700 W 120th Street in Los Angeles, California. This 9,605 square foot lot will be delivered with Ready-to-Issue (RTI) ED1 for a four-story, 50-unit affordable housing development. The project features mostly one-bedroom units and 3 studio units catering to high demand for attainable housing in the area. With streamlined approvals and no parking requirement under AB 2345, this offering presents an efficient and cost-effective development in a high-need market. This is a rare opportunity to invest in a fully entitled, transit-oriented project in one of Los Angeles’ most underserved communities. Please call Sierra @ 323-991-7733 or email sierra@therise.group for more information or questions.
Property Taxes
| Parcel Number | 6117-001-020 | Improvements Assessment | $112,200 |
| Land Assessment | $550,800 | Total Assessment | $663,000 |
Property Taxes
