1150 W 38th Street,  Los Angeles CA, 90037 (Residential Income)

2,268 sqft
Status: Active
MLS#: DW16723687
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Last Updated: 12/3/2016 3:30 AM
Description for 1150 W 38th Street Los Angeles, CA 90037
Calling All Investors, Builders and Developers!! I present to you this Great development site in the highly desirable North University Park neighborhood of Los Angeles. The property sits walking distance to USC, the new Metro Expo Line (traveling to Santa Monica and Downtown LA), the new USC Village development and the temporary home of the L.A. Rams NFL football team, the Los Angeles Memorial Colosseum. This corner lot property is being sold together with 1156 38th St. (the neighboring property) for $1,570,000 giving you a total of +/- 13,461 Sq Feet (per assessor) of land to Develop and Maximize it's location. The Village could potentially feature retailers such as Trader Joe's & Target. The Village is expected to open late 2017. Good development opportunity. Check with the City of Los Angeles for subdivision requirements. Buyer to verify zoning and regulations with the City of Los Angeles and all other government agencies.DO NOT DISTURB TENANTS!! Current this property consist of 3 units and a vacant piece of land. The sellers would like to sell them together as a package deal so please do not wait and contact us immediately.
Price
$785,000
Los Angeles
2,268 (approx)
DW16723687
Active
Description
Calling All Investors, Builders and Developers!! I present to you this Great development site in the highly desirable North University Park neighborhood of Los Angeles. The property sits walking distance to USC, the new Metro Expo Line (traveling to Santa Monica and Downtown LA), the new USC Village development and the temporary home of the L.A. Rams NFL football team, the Los Angeles Memorial Colosseum. This corner lot property is being sold together with 1156 38th St. (the neighboring property) for $1,570,000 giving you a total of +/- 13,461 Sq Feet (per assessor) of land to Develop and Maximize it's location. The Village could potentially feature retailers such as Trader Joe's & Target. The Village is expected to open late 2017. Good development opportunity. Check with the City of Los Angeles for subdivision requirements. Buyer to verify zoning and regulations with the City of Los Angeles and all other government agencies.DO NOT DISTURB TENANTS!! Current this property consist of 3 units and a vacant piece of land. The sellers would like to sell them together as a package deal so please do not wait and contact us immediately.
Listing Information
Property Type: Cluster, Other
0.15 Acres 679,700 sq.ft. 2,268 (approx)
$346.12 1905
Neighborhood
Room Information
Exterior / Lot Features
None
No Pool
LARD1.5
Urban
Driving Directions
South of Exposition
Financial Considerations
5037012001
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90037 has a population of 3,804,503.

The median household income in Los Angeles, California 90037 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90037 is 34.1 years.

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Courtesy: Berkshire Hathaway Home Srvs Uriel Estrada
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Information is deemed reliable but is not guaranteed.

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