This subject property is located on a main thoroughfare, Figueroa Street and encompasses two (2) C2-1 zoned parcels of land totaling 18,355 square feet of land. The sites contain a 996/SF single-family residence. This site has great potential to develop up to 46 multi-family units by right (verify with L.A City Planning Department) or a neighborhood commercial center with the assigned C2-1 zoning. Each property is roughly 9,000 SF/+ and have a total frontage of 99.75/FT (49.75/FT and 50/FT) and a property depth of 184/FT. The property is just east of the 110 Freeway and North of the 91 Freeway which make it a great location to live and/or work.Additionally, the lots are located within the Harbor Gateway State Enterprise Zone which have Tax-Incentives due to its location within the Employment & Economic Incentive Program Area- EZ (verify with L.A City Planning Department). This area is currently underserved and this could potentially be a catalytic commercial or housing development. Brokered And Advertised By: Evanisko Realty & Investment Listing Agent: Francis Evanisko
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
