HUGE PRICE DECREASE of $300K. Seller wants it gone! A great development opportunity positioned just north of Downtown Los Angeles. With a zoning of LARD1.5, the Property sits on a 6,601 square foot lot. There is great potential to build 4 units by right and up to 6 units by taking advantage of the density bonus since it is in a Transit Zoned Community - TOC 3.The property is located in a prime neighborhood that is on the rise. Lincoln Heights is a densely populated area that has a large community of artists and craftsmen. Buyer must do their own due diligence and not rely in this advertising representation to make their decisions. The current structure on lot is a non-conforming approved commercial use. However is rented as residential. DO NOT disturb tenants. Call listing office for details.
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.
