$700,000
Est. payment /mo
7,007 Sqft Lot
New
1274 W Court Los Angeles, CA 90026
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-27514
Lot Size 7,007 Sqft
Property Sub-Type Lots/Land
Property Description
Redevelop an approx. 7,000 SF vacant lot in an emerging pocket just west of Downtown Los Angeles. The R4(CW)-75/3-0 zoning (400 SF of land per dwelling unit, 75' height limit, 3.0 FAR) offers broad flexibility and excellent redevelopment potential. City approvals required. Buyer to verify that property meets the requirements of their future plans for the site.Surrounded by neighborhood amenities, restaurants, and transit options, the property is well-suited for investors pursuing ground-up multifamily construction, a value-add renovation, or a custom long-term hold. A rare urban infill opportunity in a high-demand, rapidly improving submarket.Assemblage Potential - Adjacent parcels (1272 & 1276 W Court St) are available to create a larger combined 0.48-acre development site. See offering memorandum and inquire with agent.Don't miss this opportunity!
Location
State CA
County Los Angeles
Direction Located just west of Downtown Los Angeles near Echo Park and Vista Hermosa Park, with convenient access to major freeways and pu
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5160019031
Acceptable Financing Land Contract
Listing Terms Land Contract
Listed by Roger Phillips, DRE#01057506 Keller Williams Realty
NEARBY SCHOOL & BUSINESS
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