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4612 E. 3rd Street - 4612 E. 3rd Street, Los Angeles, CA 90022-161

0.17 Acres of Commercial Land Offered at $599,999 in Los Angeles, CA 90022

Investment Highlights

  • Served directly by the 710 Freeway with immediate connections to three major freeways (5, 10 and 60 freeways)
  • 5-mile radius- Avg. household incomes ($87K) & educated workforce (25% - Bachelor’s/Grad/Prof. Degree)
  • Estimated Average Daily Traffic:+/-14,000
  • Within an hour's drive from Burbank, and Los Angeles International Airports
  • Walking distance to Maravilla Light Rail Station
  • Premier local & regional educational institutions (USC, Cal State LA, East LA College)

Executive Summary

“as-is” / “where-is”

Property Facts

Price $599,999
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.17 AC

1 Lot Available

Lot

Price $599,999
Price Per AC $3,529,406
Lot Size 0.17 AC

+/- .172 acres (~7,551 square feet) of vacant unimproved land in Los Angeles County.

Description

This property is a vacant unimproved lot that is located in East Los Angeles within walking distance (~200 ft) of the Maravilla Light Rail Station. The property is +/- 7,551 square feet or 0.17 acres. The property is mid-block on the south side of the street, visible from 3rd Street, with no curb cut within its street frontage. The property is part of the East Los Angeles 3rd Street Specific Plan- Transit Orientated Development (TOD). The property has nearby access to the 710 Freeway with immediate connections to three major freeways (5,10, and 60 freeways). Building, parking, zoning, and permitted uses should be checked and verified with the County of Los Angeles. The Seller and Broker make no representation regarding the accuracy or suitability of the information contained herein and must be verified by Buyer/Broker. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5247-024-900
Land Assessment
$32,271
Improvements Assessment
$0
Total Assessment
$32,271

zoning

Zoning Code Specific Plan (East Los Angeles 3rd Street Specific Plan - TOD)
Specific Plan (East Los Angeles 3rd Street Specific Plan - TOD)
  • Listing ID: 28930329

  • Date on Market: 7/6/2023

  • Last Updated:

  • Address: 4612 E. 3rd Street, Los Angeles, CA 90022

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