Sale price reduced! 30,500 SF commercial land at 200 South Sunol Drive (north of 3rd Street), Los Angeles, CA.
Development Possibilities:
• Build up to 27,450 SF retail building: 2.5 stories or 40' in height.
• Major benefit: No parking required if the new building is under 10,000 SF.
• 22 live/work apartments allowed by right.
Prime Visibility:
• A highly visible sign can be seen by an estimated 230,969 cars per day (2024) off the 60 Freeway.
Ideal Purchase Opportunity For:
• Business operators, contractors/builders, and developers.
Versatile Commercial & Industrial Uses:
• Artisan, craft production, and sales: Clothing, food, furniture, antiques, art.
• Service businesses: Barber/beauty shops, bicycle rental, veterinary clinic.
• Offices and medical clinics: Ideal for small businesses and professional services.
• Community uses: Child and adult daycare, educational centers, religious facilities.
22 workforce housing multifamily apartment units for teachers, nurses, police.
Or live/work creative industrial artist loft.
Community residence: Child and adult day care. Education learning center, religious church facility.
Parcel is in the East Los Angeles 3rd Street Form-Base Code Specific Plan. The site is zoned "Neighborhood Center (NC) Transect Zone".
Zoning allows for commercial and residential, owner/user to mixed-use development. Maximum "by right density" is twenty-two (22) multifamily apartment dwelling units (subject to Regional Planning approval).
Property is just minutes from the Metro Gold Line Maravilla Station and Obregon Park. Close to numerous popular restaurants & retailers. Close proximity to the 60, I-5, I-10 and 710 freeways.
East Los Angeles has a wealth of history and several notable places. Golden Gate Theater movie palace which is a Spanish Baroque Revival Churrigueresque-style building built in 1927. It was the first East Los Angeles building listed in the National Register of Historic Places in 1982.
Our Lady of Solitude church built in 1925 in a Spanish Colonial Revival style. It was known that Cesar Chavez and members of the United Farm Workers use to meet with Claretian priests in the church’s basement.
Much culture and community, be a part of the experience and what it has to offer.
Commercial use and new construction ground up development:
• Maximum 90% lot coverage
• Under 10,000 SF building: No parking needed
• Over 10,000 SF building: 2/1,000 SF spots above first 10,000 SF building size
Residential usage and development:
• Multifamily apartments or SFR - Single-family residence residential, duplex, triplex, four units
• Maximum 22 units (30 dwelling units per acre); 1 parking space per unit
Lot is considered a thru lot and both sides are considered a frontage. Buyer to confirm any and all details.