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3019 E 4th St 0.31 Acres of Commercial Land Offered at $2,721,659 CAD in Los Angeles, CA 90063
Investment Highlights
- 36 Unit (26,970 SF) Approved RTI.
- Plans can be converted to Affordable Housing
- Heavy Foot/Car Traffic, 3 miles away from Downtown LA.
- $196 a foot Construction Bid for Affordable Housing
Executive Summary
Approved RTI plans for 36 one bedroom unit. The property also offers affordable housing opportunities, that can will also allow for 50+ units. Boyle Heights, historically known as Paredón Blanco is a neighborhood in Los Angeles, California, located east of the Los Angeles River and host to USC + UCLA Medical Center. The city is served by several major freeways, including the 5, 10, 101, and 60 making it easily accessible to other parts of the city. The neighborhood is also served by several Metro bus lines and the Yellow Line rapid transit busway. Overall, Boyle Heights is a diverse and vibrant neighborhood that offers a mix of residential and commercial amenities.
Property Facts
| Price | $2,721,659 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.31 AC |
| Property Type | Land | ||
| Zoning | LAC2 - RTI Site has approved plans for 36 units...affordable housing options will allow more units without parking requirements (~50+) | ||
| Price | $2,721,659 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.31 AC |
| Zoning | LAC2 - RTI Site has approved plans for 36 units...affordable housing options will allow more units without parking requirements (~50+) |
1 Lot Available
Lot 2
| Price | $2,721,659 CAD | Lot Size | 0.31 AC |
| Price Per AC | $8,882,553.81 CAD |
| Price | $2,721,659 CAD |
| Price Per AC | $8,882,553.81 CAD |
| Lot Size | 0.31 AC |
LA Premier is pleased to introduce a 36 unit RTI Site in Boyle Hights, just a few miles away from downtown LA. The current approved plans consist of 36 one bedroom units and 40 parking spots, with total rentable SF of 26,970.
Description
Currently a 4 unit apartment complex with vacant land next to it.
Moderately walkable
70/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5179-004-069 | Improvements Assessment | $243,857 CAD |
| Land Assessment | $1,108,441 CAD | Total Assessment | $1,352,297 CAD |
Property Taxes
Parcel Number
5179-004-069
Land Assessment
$1,108,441 CAD
Improvements Assessment
$243,857 CAD
Total Assessment
$1,352,297 CAD
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3019 E 4th St
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