5304 S Figueroa Street
Los Angeles, CA 90037
0.28 acres | #SR25027402
Description
A 32-unit affordable housing development opportunity on a 12,150 square foot (0.27 acres) lot in the Vermont Harbor neighborhood of South Los Angeles. The current owner has completed the project to ready-to-issue permits making it a lucrative opportunity for any merchant builder wanting to avoid the long lead times.
All buildings have demolished. Shovel ready land.
-POSSIBLE SELLER FINANCING AVAILABLE WITH 30-YEAR LOAN
-SOILS REPORT HAS ALREADY BEEN COMPLETED
-READY-TO-ISSUE PERMITS FOR 32-UNITS
-ONLY THREE STORIES WHICH LOWERS COSTS DRAMATICALLY
-NO TENANT RELOCATION AT ALL
Property Details
- CountyLos Angeles
- Original List Price$1,750,000
- MLS #SR25027402
- MLS #SR25027402
- Property TypePurchase
- Cost1750000
- Acres0.2789
- Utility SourcePublic
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Deborah Moussighi (#SR165113594)
Listing Office: Keller Williams Coastal Properties (#SR1204003)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
