Listing by: Nick Hadim, Nick Hadim Group of Companies
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Exciting Investment Opportunity: Prime Land Available for SaleUnlock the potential of approximately 10,409 square feet of commercial land situated in the coveted C2 zone, ideally positioned on West Jefferson Blvd. This prime location boasts unparalleled proximity to prestigious USC and the vibrant heart of Downtown LA.What makes this offering truly exceptional is its development potential. With the ability to construct up to 52 units per state density bonus, the possibilities for transformative development are vast. Moreover, the property qualifies for 100% affordability under the ED1 designation, granting developers the unprecedented advantage of unlimited density.But that's not all - imagine the potential when you consider that the adjacent land, identical in size, is also available for sale. By acquiring both parcels, you can effectively double the size of the land, providing even greater flexibility and scope for your development vision.Seize the chance to create something truly remarkable in this thriving enclave of West Jefferson Blvd. This is your invitation to craft an iconic addition to the landscape, elevating the community while maximizing returns on investment. All information provided is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence to verify accuracy.
Property Details | ||
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Price | $1,770,000 | |
Lot Size | 80x130 | |
Lot Size Area | 10412 | |
Lot Size Area Units | Square Feet | |
Acres | 0.239 | |
Property Type | Land | |
View | None | |
Geographic Data | ||
Directions | Jefferson Blvd. Just east of Arlington. | |
County | Los Angeles | |
Latitude | 34.025821 | |
Longitude | -118.316453 | |
Market Area | C16 - Mid Los Angeles | |
Address Information | ||
Address | 2037 W Jefferson Boulevard, Los Angeles, CA 90018 | |
Postal Code | 90018 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Nick Hadim Group of Companies | |
Listing Agent | Nick Hadim | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 89 | |
MLS Status | Active | |
Listing Date | May 29, 2024 | |
Listing Last Modified | Jun 6, 2024 | |
Tax ID | 5052023040 | |
MLS Area | C16 - Mid Los Angeles | |
MLS # | 24397385 |
This information is believed to be accurate, but without any warranty.