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    823 Cleveland Street

    Los Angeles (City), CA 90012
    • $2,350,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 20660336
    $2,350,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    On offer is a fully Ellisd 9,400 SF of R4-1 Tier 3 land. The high-density Zoning allows up to 41 Units & approximately 28,000 SF to be built on site with no height limit. Chinatown is changing & growing! Newer dining establishments like Howlin Rays and Majordomo are popping up everywhere, surrounded by classics like Hop Lis and Yang Chows. Recent real estate developments in the area have brought in a younger, wealthier tenant base, and the immediate access to public transportation (under half a mile to the Metro Gold Line & under one mile to Union Station) is helping to make this area the next hottest spot around! With the recently re-done & gorgeous Los Angeles State Historic Park just a stones throw away, and sandwiched between the excitement of Downtown & the up and coming Lincoln Heights/Cypress Park & the already-here Highland Park, the rents that can be had in Chinatown are the envy of the Development Community! Current entitlements exist for a 9 Unit co-living project.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T00:26:22.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/111935704
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    823 Cleveland Street Los Angeles (City), CA 90012

    • Price: $2,350,000
    • Status: Active
    • ID#: 20660336
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    Neighborhood:
    Chinatown
    County:
    Los Angeles
    Area:
    C23 - Metropolitan
    Property Description
    On offer is a fully Ellisd 9,400 SF of R4-1 Tier 3 land. The high-density Zoning allows up to 41 Units & approximately 28,000 SF to be built on site with no height limit. Chinatown is changing & growing! Newer dining establishments like Howlin Rays and Majordomo are popping up everywhere, surrounded by classics like Hop Lis and Yang Chows. Recent real estate developments in the area have brought in a younger, wealthier tenant base, and the immediate access to public transportation (under half a mile to the Metro Gold Line & under one mile to Union Station) is helping to make this area the next hottest spot around! With the recently re-done & gorgeous Los Angeles State Historic Park just a stones throw away, and sandwiched between the excitement of Downtown & the up and coming Lincoln Heights/Cypress Park & the already-here Highland Park, the rents that can be had in Chinatown are the envy of the Development Community! Current entitlements exist for a 9 Unit co-living project.
    Exterior Features

    Lot Size Dimensions 80 X 117 Lot Size Units Square Feet View City Lights View YN Yes

    Property Features

    Country Us Lot Dimensions Source Assessor Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Chinatown Zoning R4-1 Tier 3

    Listing provided courtesy of Dario Svidler of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T00:26:22.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

     
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