Major price reduction from $105.00 psf to only $79.00 per square feet or $3.1 million. Some income possible during the entitlement process, call broker for information.
Owner wants to see offers.
Outstanding two parcel of industrial zoned land ready for redevelopment to higher and better uses. Front parcel has 55 feet visibility on 223rd street, rear parcel has rectangular dimensions of 200x115 feet for many possible future designs. Located 1 block South of UCLA Medical Center and surrounded by many new apartment and townhome developments, this location offers many advantages over other sites.
A neighboring 99-unit 5 story apartment complex indicates a strong demand for housing in this submarket.
The 1.7 billion dollar replacement expansion of Harbor UCLA Medical Center by 2027 one block North is certain to generate demand for housing from health care professionals.
Per Los Angeles County Regional Planning, property is zoned M1, and with the West Carson Transit oriented specific plan allowing for many uses including mixed use development, commercial residential development and multi-family dwelling units the site is not limited to industrial only.
See Table 3:13 on page 72 of the specific plan for permissible uses beyond M1.