1637 S Vermont Ave - Commercial LAND FOR SALE


Los Angeles, CA 90006- Harvard Heights12,632 SF
$2,598,000 USD
213-550-9009
1637 S Vermont Ave, Los Angeles, CA for Sale
$2,598,000 USD
Commercial LAND - FOR SALE
1/9
12,632 SF

1637 S Vermont Ave
Los Angeles, CA 90006
Harvard Heights


OVERVIEW

Prime C2-2 Commercial Zoned vacant lot (12,750sf) with max building envelope of (57,461sf) 6 floor structure, located in a highly active and densely populated area of Los Angeles, offering a compelling opportunity for developing 71 units with MIIP (Mixed Income) or 93 units with AHIP (Affordable Housing) Incentinve Programs. C2 zoning in Los Angeles permits a wide range of uses, including retail, restaurants, offices, and is often favorable for mixed-use developments (commercial on the ground floor with residential units above) in urban corridors. Strategic Location as its situated along a busy stretch of Vermont Avenue between Venice Boulevard and Washington Boulevard. This location benefits from significant vehicular and pedestrian traffic.  The area is directly influenced by the vibrant Koreatown communities and offers close proximity to Downtown Los Angeles, positioning it within a dynamic urban center experiencing continuous growth and demand for both commercial and residential space in a desirable location within an active and developing corridor.

FOR SALE DETAILS

PRICE

$2,598,000 USD

PRICE/ACRE

$8,958,621/AC

PRICE/SF

$206 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Land for Apartment,Hotel,Shopping Center

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Apartment Units - Condo

LAND ACRES

0.29 AC

LAND SF

12,632 SF

OFFSITE IMPROVEMENTS

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

ZONING

C2-2D-CPIO

APN/PARCEL ID

5075-016-027

ASK ABOUT THIS PROPERTY

Elijah ShinDream RealtyMore Info
213-550-9009

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Elijah ShinDream RealtyMore Info
213-550-9009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.