$2,600,000
$2,995,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
0.39 Acres Lot
SOLD DATE : 09/30/2021
Key Details
Sold Price $2,600,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21766762
Sold Date 09/30/21
HOA Y/N No
Lot Size 0.394 Acres
Property Description
RTI PERMIT READY!!! VACANT LOTS! Start building ASAP. No need to deal with tenants, Ellis Act, Plan Check, demo permit, etc. Mont Clair 20 is an architecturally significant RTI project with 20 spacious units, courtyards, and common area recreation room. The Property is in an Opportunity Zone allowing investors to realize significant tax advantages to developing the Property. Located in the hot West Adams/Jefferson Park district on a 16,596 SF corner site. On-grade construction includes a 38 car garage on the first floor and three stories of apartment units above. Average unit size is over 1,000 sf . West Adams is a rapidly changing neighborhood with new restaurants, shops, and developments popping up throughout the area. Located just blocks away from the Adams Terrace Project (https://abodecommunities.org/communities/) and Johhny's (https://www.johnnyswestadams.com/)
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights
Others
Senior Community No
Tax ID 5051011007
Special Listing Condition Standard
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Bought with Daniel Bahr • CORE Commercial Real Estate, Inc.
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