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Key Details
Sold Price $690,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24463519
Lot Size 6,608 Sqft
Property Description
Rare opportunity to acquire a manufacturing or residential zoned vacant lot ready to develop. Best priced lot in the entire city for this unique zoned property that also allows for industrial uses. Furthermore, zoning should also allow for R4 uses at ground level and R3 uses above grade allowing for a large residential development, if desired. Fully fenced for security purposes. Perfect for storage uses immediately if the city allows it. Zoned MR1 for commercial, industrial, residential, manufacturing, and other purposes. Check with the city or your architect for all details related thereto. Property is sold as is in its present state. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 2 or 3 studies, if desired. Trust owned and ready to sell immediately without any court confirmation. Bridge Loans, Inc. is ready to offer financing for purchase and/or construction financing. Zero to 30% down with cross-collateralization and 13% simple interest only payments for one year with no prepayment penalties. All loan terms are subject to credit approval. Contact Kevin Theodorea at (310) 365-3456 for all loan details and to get your best terms. Commercial vacant lot is not subject to NAR settlement agreement thus allowing cooperating brokerages. Full 3% to selling agent.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAMR1
Exterior
Community Features Gated
Utilities Available Natural Gas Available
Building
Lot Description Street Level
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Lawrence King • eXp Realty of California Inc