Los Angeles, CA 90042,1117 N Avenue 56
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Los Angeles, CA 90042,1117 N Avenue 56

$1,080,000

Est. payment /mo

$1,100,000

1.8%
Est.Price: ?

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1117 N Avenue 56 Los Angeles, CA 90042

6,298 Sqft Lot

SOLD DATE : 01/25/2024

Key Details

Sold Price $1,080,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23284717

Sold Date 01/25/24

HOA Y/N No

Lot Size 6,298 Sqft

Acres 0.1446

Property Description

DEVELOPMENT DEAL! ! 1117 N. Avenue 56 is a 6,300 square foot vacant lot zoned RD2 in Highland Park! Located in one of LA's hottest rental markets, there are multiple options to profit on this rare opportunity. The current owner was planning to pursue city approvals for a 5 unit apartment development (3 units + 2 detached ADUs). Other great options include a co-living project, condo development, townhomes, affordable housing development, single family home or small lot subdivision. This property boasts an unbeatable Highland Park location, walking distance to all the York Blvd shops, cafes and restaurants.

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LARD2

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5478025004

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Benjamin J. Hsiang • Realty Investment Advisors, Inc.
Bought with Sandra Alvarez • American Team Properties

Jessie Rodriguez

Owner | Realtor | License ID: 01418054

+1(909) 657-1022

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