Address
1848 N Workman Street Los Angeles, CA
Price
$ 1,095,000
Property Attributes
  • MLS#21676962
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLincoln Hts
  • Zip90031
  • Style
  • Price$ 1,095,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Dario Svidler with Compass.
Property Description

On offer is an 18 Unit Development Opportunity in the quickly changing Lincoln Heights neighborhood of Los Angeles, within an Opportunity Zone! The property has been Ellis'd and a Buyer can continue the 18 Unit Entitlement work started by the Seller and with a Demo Permit in the Clearance Stage. The Project would have two Affordable Units (one Extremely Low & one Very Low Income Unit). The oversized 9,099 SF R3-1 Tier 1 lot has 55 feet of frontage allowing for simpler designs to max the parking scenario if a Buyer were interested in doing a smaller project for ease, speed & economy. With LAC+USC Medical Center a few blocks to the south, the LA Brewery Artist Colony to the west, this location is quickly becoming a premier neighborhood. Solar Panels are not included in the sale.

Price History
1/7/2021 Listed $1,095,000

General Features

Co-Listing Agent Last Name Krasman
Co-Listing Agent Last Name Zach
Co-Listing Agent State License # 01814990
Co-listing Agent Zach Krasman - BRE#01814990
Directions Just south of Main St. and East of the 5 Freeway
Listagentaor Beverly Hills/Greater LA
Listing Agent Dario Svidler - BRE#01884474
Listing Agent State License 01884474
MLS Area 677 - Lincoln Hts
Price Per Square Foot 120.34
Source System CRMLS
Special Listing Conditions Standard
Zoning R3-1 Tier 1

Exterior Features

Lot Dimensions 55x165
Lot Size Acres 0.2000
Lot Size Area 9099.0000
Lot Size Source Assessor
Lot Size Square Feet 9099.00
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90031

Price
AVG $300K
$1.1M
Visits
AVG 39
6
Walkscore
AVG 62
82
Data Provided by Walkscore ® not using MLS data

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