For more information regarding the value of a property, please contact us for a free consultation.
2021 S REDONDO Los Angeles, CA 90016
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,920 sqft
Price per Sqft $420
MLS Listing ID 18409988
Bedrooms 5
Year Built 1941
Lot Size 9,997 Sqft
Property Description
Unbelievable development opportunity in prime Mid City Los Angeles! An extraordinary chance to develop Small Five Lot Subdivisions located in the unique CA Opportunity Zone, allowing incredible tax deferment benefits. This property is situated on approximately 10,000 sqft lot zoned RD2. Highlights include a flat lot with no subterranean or hillside scope of work required. The property will be sold with approved, non-appealable Letter of Intent and Ready to Issue plans. Re-sell Value of entire subdivision is projected north of $5.5M. Property will also be delivered 100% vacant at close of escrow.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating None
Cooling None
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
Read Less
Bought with Paul Wylie • LAMERICA Real Estate
GET MORE INFORMATION