Sold
Listed By:
Benjamin J. Hsiang with Realty Investment Advisors, Inc.;
Sold By:
American Team Properties
Address
1117 N Avenue 56, Los Angeles, CA
Price
$ 1,080,000
Property Attributes
  • MLS#23284717
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90042
  • Style
  • Price$ 1,080,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.1446 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

DEVELOPMENT DEAL! ! 1117 N. Avenue 56 is a 6,300 square foot vacant lot zoned RD2 in Highland Park! Located in one of LA's hottest rental markets, there are multiple options to profit on this rare opportunity. The current owner was planning to pursue city approvals for a 5 unit apartment development (3 units + 2 detached ADUs). Other great options include a co-living project, condo development, townhomes, affordable housing development, single family home or small lot subdivision. This property boasts an unbeatable Highland Park location, walking distance to all the York Blvd shops, cafes and restaurants.

Price History

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90042

Price
AVG $420K
$1.08M