Property Detail

601 Avenue 28

Los Angeles CA 90065

$1,150,000

Status: Active

Property Details

Description

Rare corner-lot opportunity in the evolving Cypress Park neighborhood of Northeast Los Angeles. Offered primarily for land value, this approximately 4,433-square-foot parcel is zoned LARD2 and presents potential for a builder, developer, investor, or owner-user seeking a residential redevelopment opportunity. The property currently contains existing improvements and has been used as an automotive repair location; however, the business is not included in the sale, and the existing use is not represented as legally permitted or available for continuation. Property is being sold as-is, with no value assigned to the existing improvements. Buyer and buyer’s agent are strongly encouraged to independently investigate and verify zoning, permitted uses, development potential, lot and building square footage, permits, Certificate of Occupancy, environmental conditions, utilities, and all other property information with the City of Los Angeles and appropriate professionals. Please do not disturb the occupant. Drive by only unless an appointment has been confirmed. The property is zoned Store/Office (mixed use), per the City or County property is to be zoned LARD2

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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