114-120 E Adams Blvd - Residential LAND FOR SALE


Los Angeles, CA 90011 14,584 SF
$1,950,000 USD
310-422-3891
114-120 E Adams Blvd, Los Angeles, CA for Sale
$1,950,000 USD
Residential LAND - FOR SALE
1/4
14,584 SF

114-120 E Adams Blvd
Los Angeles, CA 90011


HIGHLIGHTS

  • Eligible for ED-1 with potential for up to 91 units
  • Priced at $21,400 per unit and $134 per land SF
  • Zoned R4 and eligible for AB 2097 - exempt from parking requirements
  • Adjacent corner building (2600 S Main St) also available for sale
  • Opportunity Zone - provides significant tax incentives
  • Only 3 blocks away from one of USC's largest off-campus student housing development—the Lorenzo Apartments

OVERVIEW

Unentitled land with potential for up to 91 units using ED-1. Priced at $133 per land SF, and $21,428 per unit. Two R4-zoned lots, located only 3 blocks from the Lorenzo Apartments—one of USC's largest off-campus student housing communities. The site is located within an Opportunity Zone. One parcel contains a single-story 4-unit residential apartment building with Month-To-Month tenants, and the other parcel is currently used as a parking lot.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/ACRE

$5,825,127/AC

PRICE/SF

$134 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.33 AC

LAND SF

14,582 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

R4

APN/PARCEL ID

5128-001-005,5128-001-036

ASK ABOUT THIS PROPERTY

Joe BologneseSaxum WestMore Info
310-422-3891

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Joe BologneseSaxum WestMore Info
310-422-3891

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.