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707 W 80th St

0.21 Acres of Commercial Land Offered at $1,204,807 CAD in Los Angeles, CA 90044

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Investment Highlights

Overside R3 Zoned Lot!
Walking distance to Smart & Final, Chase, McDonalds, Subway & Freeways

Excellent ED 1 Opportunity

Executive Summary

We are pleased to present for sale a wonderful development opportunity located in the Vermont Knolls neighborhood of South Los Angeles! Located on an oversized 9,300 sqft lot zoned R3-1, the subject property is an excellent fit for an ED1 100% fully affordable project OR build up to 22 units using TOC Tier 1 incentives. The site is a single family owner occupied home that will be delivered VACANT = no dealing with tenant relocation or SB 8 low income replacement!! The lot measures 50 by 186 ft and is FLAT. Low price per square foot of just $91/SF on current asking price. Located in South LA walking distance to Smart & Final, Chase, McDonalds, Subway, freeways, and more. Do not miss this opportunity to build in a high rental demand pocket of Los Angeles at this low of a low price point!! Contact listing agent for more details.

707 W 80th Street - OM