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$ 300,000
Est. payment | /mo
2,552 Sqft Lot
$ 300,000
Est. payment | /mo
2,552 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25076524
HOA Y/N No
Year Built 1928
Lot Size 2,552 Sqft
Property Sub-Type Mixed Use
Property Description
Presenting this C2 Commercial Zone property located between Florence and Gramercy Pl, 2,500 sq. ft full lot. The existing structure is an office building currently on-site. Property has mixed-use potential (subject to local city planning approval) and sold as-is. Buyers are responsible for confirming due diligence. This property offers significant flexibility for development or rehabilitation, supported by confirmed site plan scenarios from the Community & Development Subdivision of the LA Department of Building & Safety. Examples include two different scenarios which includes two story duplex with ADUS or Two - SFR with two story ADU. The site plans provide motivated buyers with a roadmap to maximize the property's potential for residential and commercial profit. Neighboring properties are mixed-use, including a neighboring business/residential property and a 6-unit residential building. With zoning flexibility and confirmed site plan scenarios, buyers have a unique opportunity to create value in this prime location.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 6017003002
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Keren Raquel Melendez • Synergy Investment Group • 323-385-5613
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Kai Kim
REALTOR® | Lic# 02040060