Exciting Investment Opportunity: Prime Land Available for SaleUnlock the potential of approximately 10,409 square feet of commercial land situated in the coveted C2 zone, ideally positioned on West Jefferson Blvd. This prime location boasts unparalleled proximity to prestigious USC and the vibrant heart of Downtown LA.What makes this offering truly exceptional is its development potential. With the ability to construct up to 52 units per state density bonus, the possibilities for transformative development are vast. Moreover, the property qualifies for 100% affordability under the ED1 designation, granting developers the unprecedented advantage of unlimited density.But that’s not all – imagine the potential when you consider that the adjacent land, identical in size, is also available for sale. By acquiring both parcels, you can effectively double the size of the land, providing even greater flexibility and scope for your development vision.Seize the chance to create something truly remarkable in this thriving enclave of West Jefferson Blvd. This is your invitation to craft an iconic addition to the landscape, elevating the community while maximizing returns on investment. All information provided is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence to verify accuracy.
Property Details
Price:
$1,770,000
MLS #:
24397385
Status:
Active
Baths:
0
Address:
2037 W Jefferson Boulevard 5052023040
Type:
Land
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
May 29, 2024
State:
CA
ZIP:
90018
Lot Size:
10,412 sqft / 0.24 acres (approx)
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- Address2037 W Jefferson Boulevard 5052023040 Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
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Courtesy of Nick Hadim Group of Companies. 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.
2037 W Jefferson Boulevard 5052023040
Los Angeles, CA
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