1412 W 66th St - Commercial LAND FOR SALE


Los Angeles, CA 90047 20,817 SF
$2,000,000 USD
323-303-3410
1412 W 66th St, Los Angeles, CA for Sale
$2,000,000 USD
Commercial LAND - FOR SALE
1/2
20,817 SF

1412 W 66th St
Los Angeles, CA 90047


HIGHLIGHTS

  • Five Lot Assemblage (1 owner)
  • Over 170 Ft. of C2 Zoned Frontage
  • SB8 not applicable
  • Elegible for major City Bonusese

OVERVIEW

This unique property stands out as a one-of-a-kind development opportunity at the core of South Los Angeles. Assembling a property of these many parcels is exceptionally rare, and saves a tremendous amount of time and resources for an investor. Its substantial size eliminates hurdles often associated with demolishing and replacing old units, especially in the current complex political climate for new developments in Los Angeles. This unique opportunity allows developers to take advantage of newly proposed density bills, enhancing the potential for additional doors and major rentable upside. Situated amidst R1 single-family lots to the rear and facing a main thoroughfare with great visibility, this lot bene?ts from a welcoming neighborhood ambiance, contributing to its overall appeal.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/ACRE

$4,185,041/AC

PRICE/SF

$96 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Five Vacant Parcel Assemblage (C2-1VL-CPIO)

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.48 AC

LAND SF

20,817 SF

OFFSITE IMPROVEMENTS

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

ZONING

C2-1VL-CPIO

APN/PARCEL ID

6015-016-003,6015-016-004,6015-016-005,6015-016-029,6015-016-030

ASK ABOUT THIS PROPERTY

Christopher MartinezVinco Vinco Realty GroupMore Info
323-303-3410

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

Christopher MartinezVinco Vinco Realty GroupMore Info
323-303-3410

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