1514 La Baig Avenue, Los Angeles, CA 90028

$1,600,000
List Price
$1,600,000
Status
Active
MLS#
19486576
Lot Size
5,500
Days on Market
36
Property Type
Land

Property Description

Super Prime Hollywood Location. Walking distance from Bars, Clubs, Restaurants, & Metro. Surrounding by all the night life that Hollywood has to offer. Rents in the Area are over 4$ a Sqft!Only Lot within the Area that is NOT Historically Preserved. Build 9 Units By Right. 13 Units with SB1818 Bonus (35% Bonus Density). 16 Units if TOC Tier 3 Bonus Density is Applied( 70%);Buyer to do his Owner Due Diligence with the Appropriate parties.Property is Owner occupied, will be delivered vacant at the close of escrow. Property located in the Qualified Opportunity Zone where major Tax Breaks are offered for buyers in 1031 Exchange.

Additional Information

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Courtesy of Berkshire Hathaway HomeServices California, Edgar Aslanyan - CA DRE#02020713

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