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$ 2,450,000
Est. payment | /mo
0.26 Acres Lot
$ 2,450,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25583803
HOA Y/N No
Lot Size 0.256 Acres
Acres 0.26
Property Sub-Type Unimproved Land
Property Description
We are proud to present for sale a 78-Unit Ready-to-Issue 100% Affordable Project in Cypress Park, near Dodger Stadium and Mount Washington. The property is in an Opportunity Zone. The Project consists of 78 One-Bedroom units and includes around 32,325 SF of rentable square footage. The mostly-stacked 5-story design will streamline construction, with the Type III design helping to keep costs down. The design includes an elevator, a bicycle room, trash chutes, fire sprinklers and a tenant-accessible roof, which will look over all neighboring properties in this low-rise neighborhood. Around the corner from the Heritage Square Blue (A) Line Metro Station, your future Tenants will have less than a five minute walk to catch a train to Downtown's Union Station, with access to most of the City, or take the train north and stop in Highland Park, Pasadena, or continue east through the San Gabriel Valley! This sought-after area will provide your tenants with anything they need from Supermarkets to restaurants, to Home Depot, coffee shops, nightlife, easy access to two separate bicycle paths (Arroyo Seco and LA River), Dodger Stadium, Metro Lightrail, Highland Park, Frogtown, Chinatown and DTLA, among others. Walk Score calls this area Very Walkable, with Good Transit and Bikeable. The 11,1
Location
State CA
County Los Angeles
Zoning RD2-
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5446023012
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Listed by Dario Svidler • Keller Williams Beverly Hills
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447