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705 W El Segundo Blvd - Land for Housing Development Opportunity 0.43 Acres of Residential Land Offered at $2,000,000 in Los Angeles, CA 90247



INVESTMENT HIGHLIGHTS
- Great Investment Opportunity.
- Easy Access to 110 & 105 Freeway
- Close to Metro Bus Stops and Silver/Green Rail Station
EXECUTIVE SUMMARY
Great Investment Opportunity.
Close to Metro Bus Stops and Silver/Green Rail Station
Easy Access to 110 & 105 Freeway
Conditional Use Permit Required for Other Certain Uses.
DATA ROOM Click Here to Access
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,000,000 | Lot Size | 0.43 AC |
| Price Per AC | $4,651,162.79 |
| Price | $2,000,000 |
| Price Per AC | $4,651,162.79 |
| Lot Size | 0.43 AC |
The property is a 18,545 Sq. Ft. parcel of land that has been re-zoned to LAR3 (Limited Density Multiple Residence Developments) with permitted use for apartment, houses and uses permitted in Zone R-1 and R-2 . Owner has copies of conceptual plans.
DESCRIPTION
The property is a 18,546 Sq. Ft. parcel of land that has been down zoned to LAR3 (Limited Density Multiple Residence Developments) with permitted use for apartment, houses and uses permitted in Zone R-1 and R-2 . Owner has copies of conceptual plans drawing for 33 Units for Buyers review. Property Type: LAR-3 Multifamily Residential Seller has Conceptual Plans for a 33 Unit Apartment Project (Property Not Entitled) APN: 6117-019-028 Use Code: Multi-Family & Residential Development Strong Mid-Cities Location Harbor (I-110) Freeway Adjacent with Easy Access Signalized, Major Main and Main Arterial Intersection High Density Demographics Heavy Traffic: ±33,000 Cars Per Day
PROPERTY TAXES
| Parcel Number | 6117-019-028 | Improvements Assessment | $34,837 |
| Land Assessment | $801,493 | Total Assessment | $836,330 |
PROPERTY TAXES
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705 W El Segundo Blvd - Land for Housing Development Opportunity
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