$699,000
For Sale

1005 S Herbert Avenue

Los Angeles, CA 90023
Listing OfficeGlobal Platinum Properties, Inc.
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Price slashed! Highly motivated seller! Developers will appreciate this prime R3 lot in East Los Angeles. Covering a generous 6,306 square feet, this untouched parcel has been expertly graded and enhanced with new soil, creating a sturdy base for your next project. Plans have already been submitted for a contemporary 3-story building that consists of four units, ideal for addressing the increasing housing demand in this lively area. With easy access to the 5, 60, and 710 freeways and just minutes away from Downtown Los Angeles, this site is perfectly situated for development that will appeal to both renters and buyers. Take this opportunity to influence urban living in one of L.A.'s most vibrant neighborhoods!

  • Property Details
      • CountyLos Angeles
      • Property TypePurchase
      • Original List Price$899,000
      • MLS #24451043
      • MLS #24451043
      • Acres0.1448
      • Cost699000
      • Property SubtypeLand

Location

George Cordova | EXP REALTY OF CALIFORNIA INCReal Estate Group

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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