Available For Sale - Multifamily

9,400 SF | Show Pricing $

AVAILABILITY DETAILS

Size
9,400 SF
Price/SF
Show Pricing $
Listing ID
SA450941
Notes
HIGHLIGHTS

• 80 Foot x 117.5 foot Lot.

• 41± Units by TOC or 23± by Right.

• Under half a mile to the Metro Gold Line.

• Under one mile to Union Station.

• Short distance to restaurants, entertainment and nightlife.

• Already Ellis'd.



DESCRIPTION

Partners CRE | Compass Commercial are proud to exclusively present for sale a fully Ellis’d Development Opportunity in Chinatown.





With 9,400 SF (including the Vacated Alley in the back of the lot) of R4-1 Tier 3 land, the high-density Zoning allows up to 41± Units and approximately 28,000 SF to be built on site with no height limit.





Chinatown is changing and growing! Newer dining establishments like Howlin’ Rays and Majordomo are popping up everywhere, surrounded by classics like Hop Li’s and Yang Chows.





Recent real estate developments in the area have brought in a younger, wealthier tenant base, and the immediate access to public transportation (under half a mile to the Metro Gold Line and under one mile to Union Station) is helping to make this area the next hottest spot around!





With the recently re-done and gorgeous Los Angeles State Historic Park just a stone’s throw away, and sandwiched between the excitement of Downtown and the up and coming Lincoln Heights/Cypress Park and the already-here Highland Park, the rents that can be had in Chinatown are the envy of the Development Community!
Uses
Multifamily

Other Availability in this Property

Space/Suite Square Feet Type Uses Asking Rent/Price
9,400 SF Sale Multifamily Show Pricing $ chevron_right
Space/Suite
 
Square Feet
9,400 for sale
Uses
Multifamily
Asking Rent/Price
Show Pricing $

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Dario Svidler, Compass Commercial