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Asking Price $999,000

8,340 SF LAR3 Lot Tier 2 T.O.C.

RARE DEVELOPMENT OPPORTUNITY!
VACANT LAND!
HAS AN ALLEY!
One of the last remaining vacant R3 Lots in the area. The property can accommodate a wide variety of multifamily development opportunities including apartments, townhouses and condominiums. Build an apartment building from the ground up from 6 to 18 units. Dimensions are approximately 52.75' (front); 50' (rear); 159.35' (North side); 170' (South side). Land Area is 8,340 SF with LAR3 -1 TOC Tier 2 zoning. Located South of Beverly Blvd, North of 3rd Street, East of Union Ave and West of Lucas Ave, this location is just minutes to Downton Los Angeles with easy access to all major transit junctions including freeways, 101, 110, 710, 2, 60, 5. Do not hesitate to reach out for any additional information.