Property Detail

Description

PRICE IMPROVEMENT! Discover the incredible potential of this R-2, just under 7,000 sq. ft CORNER LOT located in the vibrant heart of South Los Angeles. This lot provides an exceptional opportunity for developers seeking to capitalize on the high demand for housing in Los Angeles. The absence of rent control regulations makes it an attractive investment for constructing multifamily units, promising significant rental income potential. *The area is experiencing a surge of growth and development, making it a prime location for new projects and innovative housing solutions. This property is located within a short distance and close proximity to USC, BMO Stadium and Crypto Arena, SoFi Stadium and shopping centers, LA Live, Santa Monica-Expo Line, the upcoming George Lucas Museum, making it the center of all things cultural, food, arts, and entertainment.*Don't miss out on this exceptional opportunity to invest in a property that combines strategic location, excellent connectivity, and unmatched development potential. Whether you're a seasoned investor or a visionary developer, this lot is your canvas to create a thriving residential community in the heart of Los Angeles. ***Existing structure is a SFR delivered vacant