4601 S Figueroa Street,  Los Angeles CA, 90037 (Land Lot)

Status: Active
MLS#: 17289758
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Last Updated: 11/23/2017 1:45 AM
Description for 4601 S Figueroa Street Los Angeles, CA 90037
Up to 108 unit affordable or senior housing development site located in the Figueroa Corridor approximately 1 mile of the University of Southern California, L.A. Memorial Coliseum and future LAFC Stadium and approximately 3 miles of Staples Center and L.A. Live. The property is located at the corner of Figueroa St and 46th St, west of the 110 Freeway and is easily accessible by existing freeways and public transportation. Three lots zoned LAC2-1VL with 162 ft of frontage along Figueroa St. Tier 2 T.O.C designated development site allowing a developer to build up to 101 affordable units with reduced number of required parking spaces or no parking (buyer to verify with the city). 3.25:1 FAR! Adjacent, fourth lot zoned LARD2-1 is also available for sale at $1,000,000 creating a 33,248 square foot development site. Current improvements on the three commercially zoned lots include two single family residences and a fourplex. All three properties can be delivered vacant
Price
$3,550,000
Los Angeles
17289758
Active
Description
Up to 108 unit affordable or senior housing development site located in the Figueroa Corridor approximately 1 mile of the University of Southern California, L.A. Memorial Coliseum and future LAFC Stadium and approximately 3 miles of Staples Center and L.A. Live. The property is located at the corner of Figueroa St and 46th St, west of the 110 Freeway and is easily accessible by existing freeways and public transportation. Three lots zoned LAC2-1VL with 162 ft of frontage along Figueroa St. Tier 2 T.O.C designated development site allowing a developer to build up to 101 affordable units with reduced number of required parking spaces or no parking (buyer to verify with the city). 3.25:1 FAR! Adjacent, fourth lot zoned LARD2-1 is also available for sale at $1,000,000 creating a 33,248 square foot development site. Current improvements on the three commercially zoned lots include two single family residences and a fourplex. All three properties can be delivered vacant
Listing Information
Property Type: Land
0.58 Acres 25,174 sq.ft.
Neighborhood
Room Information
Exterior / Lot Features
LAC2-1
Raw La
Financial Considerations
5018029003
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90037 has a population of 3,971,883.

The median household income in Los Angeles, California 90037 is $49,682. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Los Angeles 90037 is 34.6 years.

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Courtesy: Edward Jesman - Edward Jesman Realty
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