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Redevelopment Opportunity-1850 E. 1st St 2 Retail Properties Offered at $5,238,884 CAD in Los Angeles, CA



Investment Highlights
- Redevelopment Opportunity/Mixed-Use Retail Investment - Tier 3 TOC
Executive Summary
This is a redevelopment opportunity of two (2) retail properties with a Tier 3 TOC designation. This provides for specific development incentives like increased density, greater height limits, minimal parking requirements, and others. The site is located in a strong residential area with great access to public transportation and retail amenities. The buyer can leverage incentives under AB 1763 and the City of Los Angele's ED-1 program. This could result in an estimated 79 units, subject to size and other design elements of the project.
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1854-1858 E 1st St, Los Angeles, CA 90033 | Retail | 6,500 SF | 1917 | - |
| 1850-1852 E 1st St, Los Angeles, CA 90033 | Retail | 3,000 SF | 1890 | - |
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Redevelopment Opportunity-1850 E. 1st St
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