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
Visits
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Based on information from California Regional Multiple Listing Service, Inc. as of January 26, 2021 2:14 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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