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$198,000
Est. payment /mo
5,514 Sqft Lot
UPDATED:
12/05/2024 03:24 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24146404
HOA Y/N No
Lot Size 5,514 Sqft
Lot Dimensions Assessor
Property Description
Incredible opportunity to build your dream home in North East Los Angeles (Lincoln Heights). The lot offers unobstructed views of DTLA and it's prime for a new development in a very rare street with only a few parcels undeveloped.
The property sale includes architectural & structural plans along with other reports necessary for planning and LADBS approvals. Plans have been reviewed by LADBS and corrections have been issued and made by the architect and engineering team. In order to finalize the plans to an RTI (ready-to-issue) permit status, a few steps remain to be completed
The architectural and structural plans were designed with functionality in mind and connection to the topography of the lot. The plans call for a three-story single-family residence with 3 bedrooms & 2.5 bathrooms with ample room to entertain with an indoor fireplace and outdoor terrace facing unobstructed south views of DTLA.
Located in the heart of Los Angeles in the up-and-coming historic area of Lincoln Heights, the neighborhood is prime for a new single-family home development. Low supply and continuous upward changes to the area has created an increased demand for quality new homes in this submarket.
The property sale includes architectural & structural plans along with other reports necessary for planning and LADBS approvals. Plans have been reviewed by LADBS and corrections have been issued and made by the architect and engineering team. In order to finalize the plans to an RTI (ready-to-issue) permit status, a few steps remain to be completed
The architectural and structural plans were designed with functionality in mind and connection to the topography of the lot. The plans call for a three-story single-family residence with 3 bedrooms & 2.5 bathrooms with ample room to entertain with an indoor fireplace and outdoor terrace facing unobstructed south views of DTLA.
Located in the heart of Los Angeles in the up-and-coming historic area of Lincoln Heights, the neighborhood is prime for a new single-family home development. Low supply and continuous upward changes to the area has created an increased demand for quality new homes in this submarket.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LAR1
Interior
Fireplace No
Exterior
Community Features Hiking, Urban, Valley
View Y/N Yes
View City Lights, Mountain(s)
Present Use Residential
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5206018013
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
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Listed by Christopher Martinez Diaz • Vinco Vinco Realty & Investments Inc • 323-481-8517