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417 S Alvarado Street

Los Angeles (City), CA 90057
  • $5,150,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 22200175
UPDATED: 30 min ago
$5,150,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Dario Svidler of Keller Williams Beverly Hills (310-432-6400)


Description

REDUCED $345K! We are proud to present for 3 contiguous lots with tremendous redevelopment potential in the up and coming MacArthur Park / Westlake Area. High visibility Alvarado St. just a block away from MacArthur Park and the Metro Station, this property is central to all be it by car, foot or public transportation! Develop the 22,500 SF of C2-1, TOC TIER 3, Opportunity Zone Land into 97 Units or 103 Affordable Units. No Overlay Zones, No Historical Issues, No Specific Plan. The property currently has 7 tenants. Centrally located: 7 minute drive or 9 minute Metro ride to Downtown Los Angeles & 30 minute drive to Santa Monica. Alvarado Street is a major corridor with unparalleled visibility will ensure speedy lease-up of units. This listing includes the following APNs: 5154-031-004, 5154-031-005 & 5154-031-006.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-07T20:30:48.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/133127894
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417 S Alvarado Street Los Angeles (City), CA 90057

  • Price: $5,150,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 30 min ago
  • MLS #: 22200175
0
Beds
0
Baths
0
½ Baths
0.52
Acres
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
REDUCED $345K! We are proud to present for 3 contiguous lots with tremendous redevelopment potential in the up and coming MacArthur Park / Westlake Area. High visibility Alvarado St. just a block away from MacArthur Park and the Metro Station, this property is central to all be it by car, foot or public transportation! Develop the 22,500 SF of C2-1, TOC TIER 3, Opportunity Zone Land into 97 Units or 103 Affordable Units. No Overlay Zones, No Historical Issues, No Specific Plan. The property currently has 7 tenants. Centrally located: 7 minute drive or 9 minute Metro ride to Downtown Los Angeles & 30 minute drive to Santa Monica. Alvarado Street is a major corridor with unparalleled visibility will ensure speedy lease-up of units. This listing includes the following APNs: 5154-031-004, 5154-031-005 & 5154-031-006.
Exterior Features

Parking Total 0 View City LightsLake View YN Yes

Property Features

Association YN No Disclosures Methane GasRent Control Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning C2-1 Toc Tier 3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-07T20:30:48.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Dario Svidler of Keller Williams Beverly Hills (310-432-6400)