Listing provided courtesy of Deborah Moussighi of Keller Williams Luxury. Last updated 2025-04-22 08:21:14.000000. Listing information © 2024 Sandicor.
Asking Price: $1,750,000 |
5304 S Figueroa, Los Angeles CA 90037
Community: 699 - Not Defined
This property was built in 0 and is priced at $1,750,000. Please see the additional details below.
A 32-unit affordable housing development opportunity on a 12,150 square foot (0.27 acres) lot in the Vermont Harbor neighborhood of South Los Angeles. The current owner has completed the project to ready-to-issue permits making it a lucrative opportunity for any merchant builder wanting to avoid the long lead times.
All buildings have demolished. Shovel ready land.
-SOILS REPORT HAS ALREADY BEEN COMPLETED
-READY-TO-ISSUE PERMITS FOR 32-UNITS
-ONLY THREE STORIES WHICH LOWERS COSTS DRAMATICALLY
-NO TENANT RELOCATION AT ALL