Land for Sale in Pico Union, CA

Land for sale in Pico Union, CA:

We are pleased to offer a Ready-to-Issue (RTI) Development Opportunity at 957-967 S Arapahoe Street, Los Angeles, CA. This 25,658 square foot property, spanning three lots in the Wilshire Community Plan Area, is zoned R4-1 for High Medium Residential use, ideal for a Transit Oriented Communities (TOC) Tier 3 project. Notably, two of the lots currently have existing structures, offering additional flexibility and income in preparation for a construction project. The approved development consists of a five-story, 109-unit Mixed-Income Apartment Project, with 93 market-rate units and 16 affordable units encompassing a total of around 66,040 square feet of residential Space. The project include

Land for sale in Pico Union, CA:

$200,000 Price Reduction. Market rate 43 unit Project Delivered RTI and ready to build. Owner has demolished the old structure. No relocation fee, no demolition fee. Unit mix consists of : 15 Studios, 17: 1 Bed, 8: 2 Bed and 3: 3Beds. There are 6 affordable units consisting of 5 ELI + 1 RSO unit. The structure is 6 levels and has sub basement parking with a total of 22 parking spaces.

Land for sale in Pico Union, CA:

We are proud to present for sale 726-740 Hartford Ave, a rare high-density development opportunity perfect for a developer utilizing LA City and State Incentives like ED1 and AB 2334. Project density is only limited by construction type choice, as AB 2334 allows for unlimited density, and the base zoning has no height limitation. The City of Los Angeles requires 100% affordable projects to be approved via a ministerial path, without a lengthy entitlement process. As a 100% affordable project, rents are limited to approximately $1,777 for Studios and $1,920 for 1 Beds which allows a developer to achieve a compelling rent per square foot if units are efficiently designed. No parking is requir

Land for sale in Pico Union, CA:

This property is a rare investment opportunity located in the heart of Koreatown. With approximately 13 buildable units and a Tier 2 designation in a transit-oriented community, it's perfect for those seeking a high return on investment. The owner-user duplex will be delivered vacant, making it easy for you to develop the property without tenant relocation fees. The property is priced at $202 per land square foot. This amazing property is located in the heart of Koreatown with quick access to the 10 & 110 freeway. A rising area for development with nearby office buildings, hotels, retail, restaurants and a very unique nightlife! Don't miss out on this chance to invest in one of LA's m