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$ 799,000
Est. payment | /mo
9,746 Sqft Lot
$ 799,000
Est. payment | /mo
9,746 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25186872
Lot Size 9,746 Sqft
Property Sub-Type Lots/Land
Property Description
Prime Development Opportunity with Panoramic DTLA Views. Dont miss this rare chance to build in the heart of Los Angelesnestled just below Dodger Stadium and above vibrant Chinatown, with sweeping views of the Downtown LA skyline. The lot slopes down to Bernard Street, with a bridge at the base offering direct access to Chinatown and the Railway Station. This rapidly transforming neighborhood is experiencing continued growth and gentrification, fueled by the arrival of trendy restaurants, entertainment venues, and cultural landmarks. Nearby attractions include the LA Opera, Disney Concert Hall, Dorothy Chandler Pavilion, Little Tokyo, and more. With excellent freeway and public transit access, residents will enjoy unparalleled connectivity to the best of LA. Development potential is significant,zoned for up to 12 units, with the added advantage of a TOC Tier 3 designation, which may allow up to 23 units with reduced parking requirements (buyer to verify). This makes the site an exceptional value-add opportunity for investors and developers looking to capture lucrative returns in one of LAs most dynamic submarkets. Buyer to verify all information regarding zoning, square footage, utilities, and development potential by contacting the City of Los Angeles.
Location
State CA
County Los Angeles
Direction Stadium Way >Lilac Terrace>Lookout Drive.
Interior
Fireplace No
Exterior
Utilities Available Electric, Natural Gas, Telephone
View Y/N No
Others
Senior Community No
Tax ID 5415015048
Virtual Tour https://tour.caimagemaker.com/l/?id=174830
Listed by Ravinder Sood, DRE#01472019 Coldwell Banker Envision
Nearby Locations
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