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    1848 N Workman St

    Los Angeles, CA 90031
    • $1,095,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 21-676962
    UPDATED: 74 min ago
    $1,095,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    On offer is an 18 Unit Development Opportunity in the quickly changing Lincoln Heights neighborhood of Los Angeles, within an Opportunity Zone! The property has been Ellis'd and a Buyer can continue the 18 Unit Entitlement work started by the Seller and with a Demo Permit in the Clearance Stage. The Project would have two Affordable Units (one Extremely Low & one Very Low Income Unit). The oversized 9,099 SF R3-1 Tier 1 lot has 55 feet of frontage allowing for simpler designs to max the parking scenario if a Buyer were interested in doing a smaller project for ease, speed & economy. With LAC+USC Medical Center a few blocks to the south, the LA Brewery Artist Colony to the west, this location is quickly becoming a premier neighborhood. Solar Panels are not included in the sale.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-16T15:43:00.09. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.bellavistaestates.us/homes/113054537
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    1848 N Workman St Los Angeles, CA 90031

    • Price: $1,095,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: 21-676962
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    Neighborhood:
    Lincoln Heights
    County:
    Los Angeles
    Area:
    Lincoln Heights
    Property Description
    On offer is an 18 Unit Development Opportunity in the quickly changing Lincoln Heights neighborhood of Los Angeles, within an Opportunity Zone! The property has been Ellis'd and a Buyer can continue the 18 Unit Entitlement work started by the Seller and with a Demo Permit in the Clearance Stage. The Project would have two Affordable Units (one Extremely Low & one Very Low Income Unit). The oversized 9,099 SF R3-1 Tier 1 lot has 55 feet of frontage allowing for simpler designs to max the parking scenario if a Buyer were interested in doing a smaller project for ease, speed & economy. With LAC+USC Medical Center a few blocks to the south, the LA Brewery Artist Colony to the west, this location is quickly becoming a premier neighborhood. Solar Panels are not included in the sale.
    Exterior Features

    Horse YN No Lot Size Area 9099 View Description Other View YN Yes

    Property Features

    Cable YN Yes Potential Usage Build 18+/- Units By Toc. 55 Foot Width Provides For Many More Parking Design Options Than A Standard Lot. Present Use Ellis'd Units. Opportunity Zone! Sale Type Standard Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Zoning R3-1 Tier 1

    Listing provided courtesy of Dario Svidler DRE#01884474 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-16T15:43:00.09. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Harcourts Bella Vista Realty
    22156 Sherman way Suite D
    Canoga Park CA, 91303