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INVESTMENT HIGHLIGHTS
- Corner Lot with Alley Access
- 13,002 SQ. FT. Lot Zoned
- Covered Land Play with Approximately 4.5 Cap Rate
- Located in a Qualified Opportunity Zone
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present a development site located in unincorporated Los Angeles. The opportunity can be a great covered land play, with a current gross income of $97,200. The 13,002 square . foot . site is situated on a corner with great visibility and alley access. The property is also located in a Qualified Opportunity Zone.
PROPERTY FACTS
| Price | $1,400,000 | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 0.30 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | LCC3YY - Commercial | ||
| Price | $1,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.30 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | LCC3YY - Commercial |
1 LOT AVAILABLE
Lot
| Price | $1,400,000 | Lot Size | 0.30 AC |
| Price Per AC | $4,690,352.95 |
| Price | $1,400,000 |
| Price Per AC | $4,690,352.95 |
| Lot Size | 0.30 AC |
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $28,453 | |
| Land Assessment | $51,784 | Total Assessment | $80,237 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$51,784
Improvements Assessment
$28,453
Total Assessment
$80,237
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8905-8907 S Vermont Ave
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