114-120 Adams Blvd, Los Angeles, CA 90011

0.33 Acres of Residential Land Offered at $1,950,000 USD in Los Angeles, CA 90011

Asking Price $1,950,000

Property Type
Land
Square Feet
14,375 SF

Listing Contacts

Joe Bolognese
Joe Bolognese

Property Overview

$134 per land SF! Two R4-zoned lots with 100 feet of frontage on E Adams Blvd, located only 3 blocks from the Lorenzo Apartments—one of USC's largest off-campus student housing communities. The site is located within an Opportunity Zone. One parcel contains a single-story 4-unit residential apartment building with Month-To-Month tenants, and the other parcel is currently used as a parking lot. Call broker for more details.

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • Two contiguous parcels for a total of 14,582 SF of R4 land - ripe for redevelopment
  • Adjacent corner building (2600 S Main St) also available for sale
  • Only 3 blocks away from one of USC's largest off-campus student housing development—the Lorenzo Apartments
  • Located in an Opportunity Zone - provides significant federal capital gains tax incentives
  • First time on the market in over 20 years
  • $134 per land SF

All available spaces

Space
Lot 1
Size
14,375 SF
Price
$1,950,000

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