8928 S Figueroa St - 8928 S Figueroa St, Los Angeles, CA 90003-322
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8928 S Figueroa St - 8928 S Figueroa St, Los Angeles, CA 90003-322
6,411 SF Specialty Building Offered at $3,472,801 CAD in Los Angeles, CA 90003
Investment Highlights
- This property is one of many churches in the neighborhood and has been a landmark for many years.
- This PROPERTY is potentially eligible for a ED One project, which would allow several dozen low income units to be constructed.
- This property is on a very busy street in a central business that strict that will be improved in the near future.
Executive Summary
This property is on an LARD2 light which means it can most likely be developed into apartments buildings using Tier1 TOC advantages.
It may also qualify for an ED1 project which is for the developpment of a low income hi-rise. With the blessing of the city one could potentially construct several dozen units which would serve the neighborhood with low income housing..
Due to the zoning, one would have to check with the great Los Angeles plan to see if they would continue the church to exist as a church.
Buyers is suggested to do their due diligence.
It may also qualify for an ED1 project which is for the developpment of a low income hi-rise. With the blessing of the city one could potentially construct several dozen units which would serve the neighborhood with low income housing..
Due to the zoning, one would have to check with the great Los Angeles plan to see if they would continue the church to exist as a church.
Buyers is suggested to do their due diligence.
Property Facts
Amenities
- Signage
- Air Conditioning
- Smoke Detector
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Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 6038-004-007 | Improvements Assessment | $224,961 CAD |
| Land Assessment | $337,451 CAD | Total Assessment | $562,411 CAD |
PROPERTY TAXES
Parcel Number
6038-004-007
Land Assessment
$337,451 CAD
Improvements Assessment
$224,961 CAD
Total Assessment
$562,411 CAD
zoning
| Zoning Code | LARD2 (LARD2 - up to 12 units according to LADBS, but potentially more if qualified for the ED1 project) |
| LARD2 (LARD2 - up to 12 units according to LADBS, but potentially more if qualified for the ED1 project) |
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8928 S Figueroa St - 8928 S Figueroa St, Los Angeles, CA 90003-322
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