12
See all 12 photos
$1,350,000
Est. payment /mo
7,001 Sqft Lot
Price Dropped by $250K
4719 8th Los Angeles, CA 90043
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25230916
Lot Size 7,001 Sqft
Property Sub-Type Lots/Land
Property Description
This unique opportunity offers a fully entitled lot with RTI (Ready-to-Issue) permits for a 23 unit all 1B/1B multifamily development in the growing 90043 area. The property is perfectly positioned for a savvy investor or developer seeking a high-demand rental market location, strong proforma rents, and modern construction opportunities. The property is located in a vibrant neighborhood with increasing tenant demand, excellent transit accessibility, and close proximity to essential amenities and employment hubs. Development highlights: Construct a 23 unit all 1B/1B multifamily apartment building per RTI permits. Units are designed as one-bedroom layouts, appealing to single professionals and couples in a high-demand area.
Location
State CA
County Los Angeles
Direction Turn north from W 48th St.
Interior
Fireplace No
Exterior
Utilities Available Natural Gas, Telephone
View Y/N No
Others
Senior Community No
Tax ID 5014006024
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Steven Gray eXp Realty of Greater Los Angeles
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