Property Detail

1833 W Pico

Los Angeles CA 90006

$1,088,000

Status: Active

Property Details

Description

MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! AS THE INTEREST RATES COME DOWN THE DEVELOPMENT RE-SALE GOES UP UP UP! EASY ACCESS PRIME STREET! COMMERCIAL ZONED PROPERTY - RIGHT IN FRONT OF THE BUS STOP - MIXED-USED COMMERCIAL/RESIDENTIAL DEVELOPMENT SIGE Poss 24-26 UNITS WITH STORES ON THE BOTTOM. HARD TO FIND LAND IN THIS LOCATION! COULD BUILD FOR ENTIRE Sec 8 Rentals with Gov't Guaranteed Income! CM Zone = More Building Allowances from the BUILDING & SAFETY Dept. MAY BE POSSIBLE TO BUILD WITH NO PARKING (WHICH MEANS MORE RENTAL UNITS): THUS, Possibly NO PARKING GARAGE REQUIREMENTS! 6246 SF Lot at a BUS STOP IN FRONT! Perfect for a Strong Future Money-Maker Investment with USA Guaranteed Section 8 Rental Income!!

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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