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Residential Development Site

3 Industrial Properties Offered at $2,976,582 CAD in Los Angeles, CA

Investment Highlights

  • Price Reduced! Potential Residential Development Site
  • Existing Warehouse Plus 2 Single Family Residences (All Vacant)
  • All 3 Parcels LA RD2 Zoned
  • One-Mile East of USC and One Mile South of DTLA

Executive Summary

Price reduced from $2,500,000! 9,834± SF of buildings on 13,600± SF of land. Existing mixed-use parcels: Warehouse plus two single-family residences (currently vacant). Located at the northwest corner of East 31st Street and Trinity Street. One mile east of the USC campus and Exposition Park. One mile south of Downtown Los Angeles. ED1: Unlimited density for 100% affordable (buyer to verify). The zoning for the properties is RD2, which allows for one-family dwellings; two-family dwellings; multiple dwellings or group dwellings; apartment houses; and park, playgrounds or community centers, owned and operated by a governmental agency. However, the current land use for all of the parcels is light industrial, and the County use is light manufacturing. Buyer to verify any and all information with the City.

Property Facts

Price $2,976,582 CAD
Price / SF $302.68 CAD / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 9,834 SF
Total Land Area 0.35 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
455 E 31st St, Los Angeles, CA 90011 Industrial 1,932 SF 1936 -
459 E 31st St, Los Angeles, CA 90011 Industrial 102 SF 1932 -
465 E 31st St, Los Angeles, CA 90011 Industrial 7,800 SF 1922 -
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  • Listing ID: 29888417

  • Date on Market: 2023-10-26

  • Last Updated:

  • Address: Residential Development Site, Los Angeles, CA

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