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503 W Athens Blvd Lot | Terrain commercial | 0,25 ha | À vendre | 1 020 457 € | Los Angeles, CA 90044
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Attractive Basis: Blended land cost of $44.16/SF, strong for South LA infill.
- Potential renovation for interim housing, supportive housing, substance abuse housing, re-entry programs, etc.
- Assembly Opportunity: Combined 27,206 SF of R3-1 land across contiguous parcels.
RÉSUMÉ ANALYTIQUE
Kingside Investment Group is proud to present a development offering consisting of two adjacent parcels located at 503 W. Athens Boulevard (90044) and 12127 S. Figueroa Street (90061) in South Los Angeles. Together, the sites total 27,206 square feet of R3-1 zoned land with 4,753 square feet of existing improvements, making this a compelling redevelopment or long-term hold opportunity.
The combined purchase price is $1,199,000, reflecting a blended land basis of approximately $44.16 per square foot. Both parcels are ED1-eligible sites, offering the potential for an expedited entitlement and approval process, which can significantly reduce development timelines and execution risk.
With R3-1 zoning, minimal improvement value, and strong assembly fundamentals, the property is well positioned for a multifamily or affordable housing development. For the construction inclined buyer it could also be a reuse of the existing structure.
The combined purchase price is $1,199,000, reflecting a blended land basis of approximately $44.16 per square foot. Both parcels are ED1-eligible sites, offering the potential for an expedited entitlement and approval process, which can significantly reduce development timelines and execution risk.
With R3-1 zoning, minimal improvement value, and strong assembly fundamentals, the property is well positioned for a multifamily or affordable housing development. For the construction inclined buyer it could also be a reuse of the existing structure.
INFORMATIONS SUR L’IMMEUBLE
1 LOT DISPONIBLE
Lot
| Prix | 1 020 457 € | Surface du lot | 0,25 ha |
| Prix par ha | 4 037 382,85 € |
| Prix | 1 020 457 € |
| Prix par ha | 4 037 382,85 € |
| Surface du lot | 0,25 ha |
1 1
TAXES FONCIÈRES
| N° de parcelle | Évaluation des aménagements | 579 538 € | |
| Évaluation du terrain | 927 287 € | Évaluation totale | 1 506 825 € |
TAXES FONCIÈRES
N° de parcelle
Évaluation du terrain
927 287 €
Évaluation des aménagements
579 538 €
Évaluation totale
1 506 825 €
1 sur 9
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503 W Athens Blvd
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