REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 700,000
Est. payment | /mo
$ 700,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-25097
HOA Y/N No
Property Description
Redevelop an approx. 7,000 SF vacant lot in an emerging pocket just west of Downtown Los Angeles. The R4(CW)-75/3-0 zoning (400 SF of land per dwelling unit, 75' height limit, 3.0 FAR) offers broad flexibility and excellent redevelopment potential. City approvals required. Buyer to verify that property meets the requirements of their future plans for the site.Surrounded by neighborhood amenities, restaurants, and transit options, the property is well-suited for investors pursuing ground-up multifamily construction, a value-add renovation, or a custom long-term hold. A rare urban infill opportunity in a high-demand, rapidly improving submarket.Assemblage Potential - Adjacent parcels (1272 & 1276 W Court St) are available to create a larger combined 0.48-acre development site. See offering memorandum and inquire with agent.Don't miss this opportunity!
Location
State CA
County Los Angeles
Zoning R4(CW)-75/3-O
Interior
Fireplace No
Exterior
Fence None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Sprinklers None
Water Public
Others
Senior Community No
Tax ID 5160019031
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
Listed by Roger Phillips Keller Williams Realty (310) 721-2896
GET MORE INFORMATION
Osvaldo Calderon
Salesperson | Lic# 01736073