1817 Sichel St - Residential LAND FOR SALE


Los Angeles, CA 90031- Lincoln Heights9,060 SF
$1,300,000 USD
310-422-8052
1817 Sichel St, Los Angeles, CA for Sale
$1,300,000 USD
Residential LAND - FOR SALE
1/8
9,060 SF

1817 Sichel St
Los Angeles, CA 90031
Lincoln Heights


HIGHLIGHTS

  • Vacant Lot Demolished SFR in 2020
  • 55 Feet of Frontage
  • Located in a Qualified Opportunity Zone
  • No Relocation Fees Needed
  • No Demolition Costs
  • Previously RTI for 18 Units

OVERVIEW

9,074 sq. ft. lot that was previously a single-family home was demolished in 2020. The owner has pulled RTI plans for 18 units and has done all the work to prepare a buildable lot. Some valuable aspects of the site include its SB8 status, 55 feet of frontage, location in a Qualified Opportunity Zone, and the fact that there is no need for structure demolition or tenant relocation. The property is located in Lincoln Heights, one of LA’s oldest suburbs and a rapidly developing area; it is close to Downtown Los Angeles and offers a historic charm and many new retail and dining experiences on top of good transit and accessibility

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/ACRE

$6,250,330/AC

PRICE/SF

$143 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

0.21 AC

LAND SF

9,060 SF

OFFSITE IMPROVEMENTS

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

ZONING

R3-1 Tier 2

APN/PARCEL ID

5210-008-022

ASK ABOUT THIS PROPERTY

Jon EmraniMarcus & MillichapMore Info
310-422-8052

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Jon EmraniMarcus & MillichapMore Info
310-422-8052

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