Listing provided courtesy of Deborah Moussighi of Keller Williams Luxury. Last updated 2025-02-20 10:18:48.000000. Listing information © 2024 Sandicor.
Asking Price: $1,750,000
5304 Figueroa, Los Angeles CA 90037
Community:
This Lots/Land property was built in and is priced at $1,750,000. Please see the additional details below.
A 32-unit affordable housing development opportunity on a 12,150 square foot (0.27 acres) lot in the Vermont Harbor neighborhood of South Los Angeles. The current owner has completed the project to ready-to-issue permits making it a lucrative opportunity for any merchant builder wanting to avoid the long lead times. All buildings have demolished. Shovel ready land. -SOILS REPORT HAS ALREADY BEEN COMPLETED -READY-TO-ISSUE PERMITS FOR 32-UNITS -ONLY THREE STORIES WHICH LOWERS COSTS DRAMATICALLY -NO TENANT RELOCATION AT ALL