Listing by: Fernando Jaramillo, Cal Mutual, 626-991-4252

0 Beds

n/a Full bath

n/a SqFt

Pending

Best priced R4 lot! Excellent Opportunity for Developer or Owner User to build in the future. R4-1VL Zoning, Corner Lot, 50ft x 120 ft (approx. buyers to verify). Buildable 14 units By-right. TOC Tier 3 designation gives added density. Use Initiative ED1 to allow for even more density of approximately 35-45 units. (Buyers to verify) Walking distance to future Target Store under construction at the corner of Vermont and Olympic . Current house sits as a 4 bedroom 2 bathroom layout. A owner user can also live in the house or rent it out and develop the property to its full potential in the future. The possibilities are endless. Once in a lifetime opportunity! CORNER LOT! 50 ft Wide Lot! 6,000 sqft Lot!

Property Details
Price $999,000
Lot Size Area 6000
Lot Size Area Units Square Feet
Acres 0.1377
Property Type Land
Exterior Features Urban
View None
Lot Description 0-1 Unit/Acre
Association Fee 0
Geographic Data
Directions Vermont & Olympic
County Los Angeles
Latitude 34.049347
Longitude -118.292459
Market Area KREA - Koreatown
Address Information
Address 2531 W 12th Street, Los Angeles, CA 90006
Postal Code 90006
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Cal Mutual
Listing Agent Fernando Jaramillo
Listing Agent Phone 626-991-4252
Buyer Agency Compensation 2.500
Attribution Contact 626-991-4252
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
MLS Information
Days on market 41
MLS Status Pending
Listing Date Mar 6, 2024
Listing Last Modified Apr 25, 2024
Tax ID 5078027006
MLS Area KREA - Koreatown
MLS # AR24041675

This information is believed to be accurate, but without any warranty.
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