12
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$1,650,000
Est. payment /mo
7,000 Sqft Lot
New
4719 4719 8th Los Angeles, CA 90043
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25230916
HOA Y/N No
Lot Size 7,000 Sqft
Property Description
This unique opportunity offers a fully entitled lot with RTI (Ready-to-Issue) permits for a 23 unit all 1B/1B multifamily development in the growing 90043 area. The property is perfectly positioned for a savvy investor or developer seeking a high-demand rental market location, strong proforma rents, and modern construction opportunities.
The property is located in a vibrant neighborhood with increasing tenant demand, excellent transit accessibility, and close proximity to essential amenities and employment hubs.
Development highlights: Construct a 23 unit all 1B/1B multifamily apartment building per RTI permits. Units are designed as one-bedroom layouts, appealing to single professionals and couples in a high-demand area.
The property is located in a vibrant neighborhood with increasing tenant demand, excellent transit accessibility, and close proximity to essential amenities and employment hubs.
Development highlights: Construct a 23 unit all 1B/1B multifamily apartment building per RTI permits. Units are designed as one-bedroom layouts, appealing to single professionals and couples in a high-demand area.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning C2
Interior
Fireplace No
Exterior
Community Features Curbs, Urban
Utilities Available Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 5014006024
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Special Listing Condition Standard
Listed by Steven Gray eXp Realty of Greater Los Angeles
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