2323 E 3rd St - Commercial LAND FOR SALE


Los Angeles, CA 90033- Boyle Heights21,401 SF
$3,450,000 USD
310-736-0842
2323 E 3rd St, Los Angeles, CA for Sale
$3,450,000 USD
Commercial LAND - FOR SALE
1/3
21,401 SF

2323 E 3rd St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • 500 feet from metro
  • Corner lot | with an alley in the back
  • Main corridor.

OVERVIEW

Incredible development opportunity just 500 feet from the Metro station! This offering includes two contiguous commercial-zoned parcels totaling approximately 21,400 SF. One parcel features a 3-unit building; the other includes five (5) detached 2-bedroom bungalows. Combined gross annual income is approximately $75,000 with one unit currently vacant, providing immediate upside potential. Preliminary drawings are available for a proposed 120-unit residential development targeting moderate- to low-income housing. Ideal for developers seeking a transit-oriented site with income in place during planning and entitlement. Do not disturb tenants. Contact listing agent for additional information and to access preliminary plans.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/ACRE

$7,022,523/AC

PRICE/SF

$161 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units

LAND ACRES

0.49 AC

LAND SF

21,400 SF

OFFSITE IMPROVEMENTS

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

ZONING

[LUM3-SH3-4][XC1-4][CPIO]

APN/PARCEL ID

5183-010-005,5183-010-006

ASK ABOUT THIS PROPERTY

Camiar RabbanExclusive Realty, Inc.More Info
310-736-0842

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Camiar RabbanExclusive Realty, Inc.More Info
310-736-0842

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