Property listed by Keller Williams Beverly Hills, Daniel Kohanbash 310-432-6400
$1,499,000
The property at 744 S Carondelet St, Los Angeles, CA is a prime VACANT lot offering exciting investment opportunities. It spans 7,500 square feet and is zoned R4-1 with TOC Tier 3 designation, allowing for the development of up to 19 units by right or 33 units with TOC incentives… Read More (Buyer to verify). Seller has started working on plans to build a 29-unit apartment complex consisting of 6 stories, and a desirable unit mix of studio's, one beds, and two beds. Located in a Qualified Opportunity Zone, it may provide potential tax benefits for developers (Buyer to consult with their CPA and Attorney). The site is conveniently situated near major transportation hubs, shopping, dining, and entertainment options, with easy access to the I-10, I-110, and US-101 Freeways. If you're considering this property, it could be a fantastic opportunity for residential development in a high-density area. Read Less
Listing Snapshot
Days Online
13
Last Updated
Property Type
Other
Beds
40
Square Ft.
23,388
Lot Size
0.17 Acres
MLS Number
25540625
30 Days Snapshot Of 90057
$350k
-13%
(avg) sold price
1
-50%
home sold
243
+29%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building area total: 23,388, Levels: MultiSplit, Living area: 23388, 1 building
Cooling
None
Heating
None
Lot
0.1722 acres, 7,502 square feet, Size: 7,502
Parking
None
Property
Zoning: LAR4, None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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