2323 E 3rd Street
Los Angeles, CA 90033
#25521943
Description
Incredible development opportunity just 500 feet from the Metro station! This offering includes two contiguous commercial-zoned parcels totaling approximately 21,400 SF. One parcel features a 3-unit building; the other includes five (5) detached 2-bedroom bungalows. Combined gross annual income is approximately $75,000 with one unit currently vacant, providing immediate upside potential.Preliminary drawings are available for a proposed 120-unit residential development targeting moderate- to low-income housing. Ideal for developers seeking a transit-oriented site with income in place during planning and entitlement.Do not disturb tenants. Contact listing agent for additional information and to access preliminary plans.
Property Details
- ZoningLUM3-SH3-4 XC1-4-CPIO
- WaterWater District
- CountyLos Angeles
- Original List Price$3,450,000
- Lot Description2-4 Lots
- Property TypePurchase
- MLS #25521943
- MLS #25521943
- Cost3450000
- Price Per Sqft$1,150
- Property SubtypeLand
Location
Legal
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: CLAWMLS
Listing Courtesy
Listing Agent: Camiar Rabban (#C129879), Email: Camiar@aol.com
Listing Office: Exclusive Realty Inc (#X83407)
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