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1132 S Alvarado St

Los Angeles, CA 90006
  • $1,400,000
  • STATUS: Active
  • ON SITE: 135 Days
  • ID#: 21-760298
UPDATED: 52 min ago
$1,400,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Buildable C-2 Zoned Lot with incredible development potential. The lot is 50' x 187' and totals 9,381 sq. ft. Per city, it can accommodate 23 units by right, 39 units for affordable rentals. It is being offered with 1136 S. Alvarado St., a 24 Unit Contiguous Apartment building. May be sold separately, but close concurrent with 1136 S. Alvarado St. Apartment building.Currently, there are spaces rented to tenants with separate "parking" rental agreements from the tenants in the Ponce De Leon Apartments- the contiguous building south. Buyer to cooperate with seller's 1031 exchange. (All information is deemed reliable but not guaranteed, and interested parties should conduct due diligence to verify data.)

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-27T19:43:09.62. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.corrieluxuryhomes.com/homes/119293576
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1132 S Alvarado St Los Angeles, CA 90006

  • Price: $1,400,000
  • Status: Active
  • On Site: 135 Days
  • Updated: 52 min ago
  • ID#: 21-760298
0
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Buildable C-2 Zoned Lot with incredible development potential. The lot is 50' x 187' and totals 9,381 sq. ft. Per city, it can accommodate 23 units by right, 39 units for affordable rentals. It is being offered with 1136 S. Alvarado St., a 24 Unit Contiguous Apartment building. May be sold separately, but close concurrent with 1136 S. Alvarado St. Apartment building.Currently, there are spaces rented to tenants with separate "parking" rental agreements from the tenants in the Ponce De Leon Apartments- the contiguous building south. Buyer to cooperate with seller's 1031 exchange. (All information is deemed reliable but not guaranteed, and interested parties should conduct due diligence to verify data.)
Exterior Features

Cross Streets 12th Street Horse YN No Lot Description Fenced YardLot-Level/FlatLot Shape-RectangularStreet PavedValue In Land Lot Location City Lot Size Area 9381 View Description None View YN No Water Frontage None

Property Features

Cable YN No Electric On Site Gas None Inclusions Garages Land Lease Type Fee Potential Usage Per CityThis Lot Can Accommodate 23 Units By Right39 Units For Affordable Housing. Sale Type Standard Sewer In Street Source Lot Size Area Assessor Water District Zoning Lac2

Listing provided courtesy of Deric Rangell DRE#01010078 of Exp Realty Of California Inc.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-27T19:43:09.62. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Los Angeles CA, 90069