Property Detail

5304 Figueroa

Los Angeles CA 90037

$1,750,000

Status: Active

Property Details

Description

A 32-unit affordable housing development opportunity on a 12,150 square foot (0.27 acres) lot in the Vermont Harbor neighborhood of South Los Angeles. The current owner has completed the project to ready-to-issue permits making it a lucrative opportunity for any merchant builder wanting to avoid the long lead times. All buildings have demolished. Shovel ready land. -SOILS REPORT HAS ALREADY BEEN COMPLETED -READY-TO-ISSUE PERMITS FOR 32-UNITS -ONLY THREE STORIES WHICH LOWERS COSTS DRAMATICALLY -NO TENANT RELOCATION AT ALL

Map Location

Listing provided courtesy of Deborah Moussighi of Keller Williams Luxury. Last updated 2025-02-20 10:18:48.000000. Listing information © 2024 PACIFICSOTHEBYSFULLSANDICORCOMBINED.

Marlene Kindt

Marlene Kindt

CA DRE #02087349
Brokerage DRE#
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