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$1,350,000
Est. payment /mo
7,433 Sqft Lot
UPDATED:
10/31/2024 03:57 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL24455535
HOA Y/N No
Lot Size 7,433 Sqft
Acres 0.17
Property Description
We are pleased to present the opportunity to acquire this 7,431 SF incredible development opportunity, located in the Miracle Mile/Mid-Wilshire submarket. The site offers a zoning ordinance of LAR2, which allows for the construction of 2 units by right + ADU's. The property has been owner-occupied and will be delivered 100% vacant (homeowners exemption taken over the last 5 years). The property features a premier location, walking distance to numerous amenities, restaurants and employment centers. Additionally, the Central location between Hancock Park, West LA, Miracle Mile, and Culver City makes this an ideal investment for developers looking for top of the market rents.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR2
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5084010004
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Listed by Adam Shamooelian • Keller Williams Beverly Hills
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122