We are pleased to present the opportunity to acquire this 7,431 SF incredible development opportunity, located in the Miracle Mile/Mid-Wilshire submarket. The site offers a zoning ordinance of LAR2, which allows for the construction of 2 units by right + ADU’s. The property has been owner-occupied and will be delivered 100% vacant (homeowners exemption taken over the last 5 years). The property features a premier location, walking distance to numerous amenities, restaurants and employment centers. Additionally, the Central location between Hancock Park, West LA, Miracle Mile, and Culver City makes this an ideal investment for developers looking for top of the market rents.
Property Details
Price:
$1,350,000
MLS #:
24455535
Status:
Active Under Contract
Baths:
0
Address:
1019 S Citrus Avenue 5084010004
Type:
Land
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Oct 23, 2024
State:
CA
ZIP:
90019
Lot Size:
7,433 sqft / 0.17 acres (approx)
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- Address1019 S Citrus Avenue 5084010004 Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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Courtesy of Keller Williams Beverly Hills. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1019 S Citrus Avenue 5084010004
Los Angeles, CA
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