Los Angeles, CA 90043,3313 W 48th St
Los Angeles, CA 90043,3313 W 48th St
Los Angeles, CA 90043,3313 W 48th St
Los Angeles, CA 90043,3313 W 48th St
Los Angeles, CA 90043,3313 W 48th St
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$ 999,000
Est. payment | /mo

781 SqFt


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$ 999,000
Est. payment | /mo
Save

781 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 781 sqft

Price per Sqft $1,279

MLS Listing ID 25-489661

Year Built 1935

Lot Size 7,742 Sqft

Acres 0.1777

Property Description

**Developers /Investors** We are proud to exclusively present for sale an incredible Development Opportunity centrally located in prime Leimert Park. Situated on a prime corner lot of Crenshaw Blvd and 48th Street, this approx. 7,731 SqFt C2-Zoned lot features 50x155 ft dimensions, Tier 3 TOC, and is located in the QUALIFIED OPPORTUNITY FUND ZONE for tax incentives to investors! This existing 781 SF retail building will be delivered VACANT. The possibilities are endless including new construction Townhomes, Mixed-use commercial, Senior-Living Facility, or an Affordable Housing Project. This property is SB8 exempt and SB 684 which is ideal for a small lot subdivision. Conveniently located near the new Crenshaw Metro Line and Destination Crenshaw, which is a unique open-air museum currently under construction. Sale also includes RTI plans for a proposed 6-unit (three-duplexes) development. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAC2

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Coldwell Banker Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(213) 434-2433

[email protected]

California, 91214-1304, USA

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3313 W 48th St