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- LoopNet Team
1950 W Washington Blvd
Los Angeles, CA 90018
Development Site-Build up to 40 Units · Land For Sale · 0.23 AC
Investment Highlights
- Build Up to 40 Multifamily Units
- TIER 2 TOC
- Excellent Owner/User Opportunity
- Corner Lot with Potential Development with Views of Downtown Los Angeles
PROPERTY FACTS
Description
The property is currently occupied by used car sales business on month to month rent of $4,500.00 and billboard sign also on month to month rent of $100.00. Total current monthly rent is $4,600.00. The property will be delivered vacant if necessary. It is located on the corner of Washington Blvd. and La Salle Ave. (between Normandie Ave and Ardmore Ave.). This site has the maximum capacity to build up to 40 multifamily units and 1 retail unit when using the TOC density bonus. It can also be used as owner occupied property for several types of retail.
PROPERTY TAXES
| Parcel Number | 5074-031-014 | Improvements Assessment | $0 |
| Land Assessment | $1,929,962 | Total Assessment | $1,929,962 |
PROPERTY TAXES
zoning
| Zoning Code | LAC2 |
| LAC2 |
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