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$3,599,999
Est. payment /mo
0.44 Acres Lot
UPDATED:
12/19/2024 05:51 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Othr
MLS Listing ID PV21227687
HOA Y/N No
Tax Year 2008
Lot Size 0.438 Acres
Property Description
39 Unit AFFORDABLE HOUSING APARTMENT SITE.... 8 - 3 BEDROOM 2 BATH, 24 - 2 BD. 1 3/4 BA, 7 - 1 BEDROOM 1 BATH .. PLANS CURRENTLY IN PLAN CHECK ......NO PUBLIC HEARINGS OR CONDITIONAL USE PERMITS NECESSARY.......QUICK APPROVAL POSSIBLE.... 27 CAR SUBTERRANEAN PARKING GARAGE ( VENTED NATURALLY )..... 2 CONTIGUOUS LOTS INCLUDED. ( APN'S 7411-005-017 & 7411-005-018)...POTENTIAL PANORAMIC VIEWS FROM 3RD ( TOP ) FLOOR .. ONE OF THE LAST SOUTH BAY MODERATE SIZE PROJECT SITES ..
**** ACTURAL CITY ADMINISTRATIVE APPROVAL FOR 52 UNITS ( 4 Floors above Parking Garage ) ****
INDIVIDUAL WATER, GAS AND ELECTRIC METERS...
PROJECTED ANNUAL GROSS INCOME - $ 1,200,000+ .... APPROX 6.1 CAP ..... ( Depending on Actual Rental Income )
**** ACTURAL CITY ADMINISTRATIVE APPROVAL FOR 52 UNITS ( 4 Floors above Parking Garage ) ****
INDIVIDUAL WATER, GAS AND ELECTRIC METERS...
PROJECTED ANNUAL GROSS INCOME - $ 1,200,000+ .... APPROX 6.1 CAP ..... ( Depending on Actual Rental Income )
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning 54 UNIT
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N Yes
Building
Lot Description Corner Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 7411005017
Acceptable Financing Cash, 1031 Exchange, Submit
Listing Terms Cash, 1031 Exchange, Submit
Special Listing Condition Standard
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Listed by Teresa Schweyer • Prime Properties • 310-920-5066
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935