1833 W Pico Blvd, Los Angeles, CA 90006

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Courtesy of Bruce Jay Associates, Bruce Jay - CA DRE#00559166

List Price
$985,000
Status
ACTIVE
Days on Market
1286
Price Change
▼ $10,000 1789780458
MLS#
23-251969
Lot Size
6,247
Acres
0.14
MLS Area Major
Downtown L.A.

Property Description

PRICE SLASHED - POTENTIAL 24 UNITS - COMMERCIAL ZONE TO BUILD MORE - AND Owner may consider an Exchange Offer, or even Finance Your Purchase! COMMERCIAL ZONED PROPERTY - RIGHT IN FRONT OF THE BUS STOP - MIXED-USED COMMERCIAL/RESIDENTIAL DEVELOPMENT maybe 24-26 UNITS WITH STORES ON THE BOTTOM, check with the City B&S Dept. HARD TO FIND LAND IN THIS LOCATION! COULD BUILD FOR ENTIRE Sec 8 Rentals with Gov't Guaranteed Income! CM Zone = More Building Allowances from the BUILDING & SAFETY Dept. MAY BE POSSIBLE TO BUILD WITH NO PARKING (WHICH MEANS MORE RENTAL UNITS): THUS, Possibly NO PARKING GARAGE REQUIREMENTS! 6246 SF Lot at a BUS STOP IN FRONT! Perfect for a Strong Future Money-Maker Investment with USA Guaranteed Section 8 Rental Income!!

Additional Information

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