Courtesy of: Steve Legare | West Shores Realty, Inc.
Purchase Type: Sale
MLS ID: SB21231471
Days On Market: 35
Year Build: 1939
Lot size: 0.46
Property Type: Residential Income
Area: C17 - Mid-Wilshire
New Construction: No
Swimming Pool: No
Has Waterfront: No
Address: 1114 menlo
County: Los Angeles
City: Los Angeles
Neighborhood: C17 - Mid-wilshire
Pool Features: None
OPPORTUNITY ZONE, OPPORTUNITY ZONE, IS ALL YOU NEED TO KNOW!!!! THESE two 8 unit building side by side consist of 16 units on a 100x200
20,000 square foot parcel ZONING IS R4-VL TIER 3, WHICH ACCORDING TO THE CITY OF LOS ANGELES, UP TO 87 UNITS COULD BE BUILT HERE!
BEING IN THE OPPORTUNITY ZONE if you can fit them the city says you can build them! Lots of new construction in this area, BUT this location extras Extra wide street 88 feet, help take away some of those construction headaches, existing 20,000 of land raised about 5 feet above street level, street to alley again those construction headaches>
REALTORS, DEVELOPERS, CONTRACTORS TAKE NOTICE THIS IS A REAL OPPORTUNITY Property in family a long time, have outlived it's usefulness Sellers are selling "AS IS" AS a development site. You collect rents as you are doing your plans,financing etc.etc.