Property Detail

Description

Exceptional development and owner-user opportunity in the City of Los Angeles. This vacant two-story office building consists of approximately 2,532 SF on a 5,227 SF LAR4-zoned lot, offering immediate occupancy along with outstanding redevelopment potential. The property is well suited for a variety of owner-user uses, including educational institutions, child care facilities, religious organizations, eldercare facilities, and nonprofit or philanthropic organizations (buyer to independently verify).The site offers the potential to develop approximately 13 units by right or up to approximately 26 units utilizing ED1 and applicable affordable housing incentives (buyer to independently verify). Ideally located with convenient access to the I-110, I-105, and I-10 Freeways, the property is just minutes from Downtown Los Angeles, USC, Exposition Park, BMO Stadium, and other major employment centers, providing exceptional connectivity throughout the Los Angeles area.Buyer is advised to independently investigate and verify all property information, including but not limited to zoning, development potential, permits, square footage, and intended use, through their own due diligence and licensed architects, engineers, attorneys, consultants, and other qualified professionals.