Description
On offer is an 18 Unit Development Opportunity in the quickly changing Lincoln Heights neighborhood of Los Angeles, within an Opportunity Zone! The property has been Ellis'd and a Buyer can continue the 18 Unit Entitlement work started by the Seller and with a Demo Permit in the Clearance Stage. The Project would have two Affordable Units (one Extremely Low & one Very Low Income Unit). The oversized 9,099 SF R3-1 Tier 1 lot has 55 feet of frontage allowing for simpler designs to max the parking scenario if a Buyer were interested in doing a smaller project for ease, speed & economy. With LAC+USC Medical Center a few blocks to the south, the LA Brewery Artist Colony to the west, this location is quickly becoming a premier neighborhood. Solar Panels are not included in the sale.
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