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Description
At @ $ 12,500 s.f. This may be one of the Largest City of LA Residential Urban lots on the Market. Developers may want to take NOTE. Assessor records show the size. & It's relatively flat, sides to a rear alley way. The structures may be removable for a cost post COE. Or A developer may opt to keep structures and subdivide (subject to applicable rules & laws). The property is listed in TOC T3 Development classification, which may or may not help. Apartment buildings are in the immediate area including across the street, and to the westside. There are also single family homes nearby. It is located in a fully developed area. The property appears to be across from the NEW METRO Transportaion Area, which may see drastic changes to the Vermont Corridor. There are new laws which may allow the land value to exceed the value of the structures on it. This property is part of the Harbor Gateway Special Council District of the City of Los Angeles, Any building, development, improvements may require their ok.
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