DEVELOPMENT OPPORTUNITY
Single-family residence and duplex situated an adjacent parcels. Each parcel has its own APN (Assessor Parcel Number).
The property contains a combined lot size of 8,484 SF and is zoned LAM2 (Light Industrial). The large lot presents desirable development potential or the opportunity to add ADUs (Accessory Dwelling Units).
3524 E. Pico Boulevard is a duplex and features (two) 1-bedroom/1-bathroom stand-alone units and 3528 E. Pico Boulevard is a 2-bedroom/1-bathroom house.
The asset also presents an owner-user opportunity and the property may qualify for residential financing (Buyer to verify).
LOCATION
Located in the heart of the Los Angeles Metropolitan Area, the asset is located just southeast of Downtown Los Angeles. The property is close proximity to the Arts District, Boyle Heights, Fashion District and to the many industrial complexes and warehouses in Vernon. The asset is also located near Citadel Outlets, Los Angeles Community Hospital, East L.A. College, Costello J. Recreation Center and the City of Commerce.
Please contact Allen Gholian at (310) 666-3384 or allen@shieldcre.com for more information.