2323 E 3rd St - Commercial LAND FOR SALE


Los Angeles, CA 90033- Boyle Heights21,401 SF
$2,950,000 USD
310-736-0842
2323 E 3rd St, Los Angeles, CA for Sale
$2,950,000 USD
Commercial LAND - FOR SALE
1/3
21,401 SF

2323 E 3rd St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • 500 feet from metro
  • Signalized Corner lot | with an alley in the back
  • Main corridor.

OVERVIEW

Incredible development opportunity just 500 feet from the Metro station! This offering includes two contiguous commercial-zoned parcels totaling approximately 21,400 SF. One parcel features a 3-unit building; the other includes five (5) detached 2-bedroom bungalows. Combined gross annual income is approximately $85,000 with one unit currently vacant, providing immediate upside potential. Preliminary drawings are available for a proposed 120-unit residential development targeting moderate- to low-income housing. Ideal for developers seeking a transit-oriented site with income in place during planning and entitlement. Do not disturb tenants. Contact listing agent for additional information and to access preliminary plans.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/ACRE

$6,004,766/AC

PRICE/SF

$138 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Multi-Family, Apartment Units, Bank, Car Wash, Drug Store, Fast Food, Health Care, Hold for Development, Parking Lot

LAND ACRES

0.49 AC

LAND SF

21,400 SF

OFFSITE IMPROVEMENTS

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

ZONING

[LUM3-SH3-4][XC1-4][CPIO]

APN/PARCEL ID

5183-010-005,5183-010-006

ASK ABOUT THIS PROPERTY

Camiar RabbanExclusive Realty, Inc.More Info
310-736-0842

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Camiar RabbanExclusive Realty, Inc.More Info
310-736-0842

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