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$2,899,999
Est. payment /mo
7,000 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25485719
HOA Y/N No
Lot Size 7,000 Sqft
Property Description
37-Unit Multi-family building opportunity! This prime real estate opportunity will be delivered with RTI 37 proposed units comprised of 80% (28) low-income units and 20% (8) moderate-income units and 1 managers unit. This offering consists of 7,001.5 square feet of land, zoned RD1.5-1-CUGU. Units will generate approximately $70,000-$80,000 in monthly income 10% ROI. Will be delivered with fully stamped and approved plans, ready to issue building permits, allowing the buyer to immediately commence construction. Conveniently located at 2515 and 2515 1/2 E. Houston St. By all major freeways, hospitals, arts district, DTLA, Cal State LA, East LA community college, and Dodger Stadium.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD1.5
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights
Building
New Construction No
Others
Senior Community No
Tax ID 5177017023
Financing Cash
Special Listing Condition Standard
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Listed by Rosie Mazariegos • Equity Smart Real Estate Services