This Property is no longer advertised on Showcase.com.
Off Market
1/4

114-120 E Adams Blvd
Los Angeles, CA 90011


HIGHLIGHTS

  • Eligible for ED-1 with potential for up to 91 units
  • Priced at $21,400 per unit and $134 per land SF
  • Zoned R4 and eligible for AB 2097 - exempt from parking requirements
  • Adjacent corner building (2600 S Main St) also available for sale
  • Opportunity Zone - provides significant tax incentives
  • Only 3 blocks away from one of USC's largest off-campus student housing development—the Lorenzo Apartments

OVERVIEW

Unentitled land with potential for up to 91 units using ED-1. Priced at $133 per land SF, and $21,428 per unit. Two R4-zoned lots, located only 3 blocks from the Lorenzo Apartments—one of USC's largest off-campus student housing communities. The site is located within an Opportunity Zone. One parcel contains a single-story 4-unit residential apartment building with Month-To-Month tenants, and the other parcel is currently used as a parking lot. See attached feasibility study for more information.

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Parking Lot

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

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APN/PARCEL ID

5128-001-005,5128-001-036