$1,080,000
$1,100,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
6,298 Sqft Lot
SOLD DATE : 01/25/2024
Key Details
Sold Price $1,080,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23284717
Sold Date 01/25/24
HOA Y/N No
Lot Size 6,298 Sqft
Property Description
DEVELOPMENT DEAL! ! 1117 N. Avenue 56 is a 6,300 square foot vacant lot zoned RD2 in Highland Park! Located in one of LA's hottest rental markets, there are multiple options to profit on this rare opportunity. The current owner was planning to pursue city approvals for a 5 unit apartment development (3 units + 2 detached ADUs). Other great options include a co-living project, condo development, townhomes, affordable housing development, single family home or small lot subdivision. This property boasts an unbeatable Highland Park location, walking distance to all the York Blvd shops, cafes and restaurants.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD2
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5478025004
Special Listing Condition Standard
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Bought with Sandra Alvarez • American Team Properties