5842-5846 Denver Ave
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5842-5846 Denver Ave
0.24 Acres of Commercial Land Offered at $1,495,000 in Los Angeles, CA 90044
Investment Highlights
- Excellent Development Opportunity
Executive Summary
SMG is proud to present a a fantastic opportunity for a developer to purchase 2 R-2 lots (separate APN numbers) side by side. There are 2 potential opportunities', the first is to build 2 single families and 2 ADU's on each lot, in total you can build 8 units. The second opportunity is to build a TOC project with a Tier 3 qualification, giving it a 70% density bonus, total square footage between the 2 lots is 10,414.This a developers dream project.
Property Facts
Price | $1,495,000 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Apartment Units |
No. Lots | 1 | Total Lot Size | 0.24 AC |
Property Type | Land |
Price | $1,495,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Apartment Units |
Total Lot Size | 0.24 AC |
1 Lot Available
Lot
Price | $1,495,000 | Lot Size | 0.24 AC |
Price Per AC | $6,253,320 |
Price | $1,495,000 |
Price Per AC | $6,253,320 |
Lot Size | 0.24 AC |
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (73)
zoning
Zoning Code | LAR2 |
LAR2 |
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5842-5846 Denver Ave
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