$155,000
$150,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
0.38 Acres Lot
SOLD DATE : 09/20/2024
Key Details
Sold Price $155,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24153369
Sold Date 09/20/24
HOA Y/N No
Annual Tax Amount $744
Tax Year 2022
Lot Size 0.376 Acres
Property Description
SHOVEL READY BUILD OPPORTUNITY In City Terrace! RESIDENTIAL DEVELOPMENT, INVESTMENT, OR BUILD YOUR OWN HOME on a Land Parcel Lot with Panoramic Views in the Heart of City Terrace! Prime Location Just Across from California State University Los Angeles, 10 Freeway, 710 Freeway, and Downtown Los Angeles. Large 16,000 sq ft+ Lot is Adjacent to "1600 Steele Ave, Los Angeles" and is an Elevated Location Between Ramona Blvd and Steele Ave on Each Side with Possible Property Access from Both Streets. Utilities in City Streets Would Make This Development Easy. Surrounding This Property Are Existing Homes. Adjacent Lot is Vacant. Architectural Plans Complete, Soil Tests Complete, City Plans Complete, Design Plans Complete. Potential to Build a Large Single Family Residence and ADU. Truly A Turn-Key Opportunity to Take Advantage of This RARE and Promising Land Parcel in the Heart of Los Angeles! Own Your Own Slice of Los Angeles! You Must See This Parcel ASAP Before Someone Else Acquires It For Themselves!
Location
State CA
County Los Angeles
Area Cter - City Terrace
Zoning LCR1
Interior
Fireplace No
Exterior
Fence None
Community Features Curbs, Gutter(s), Street Lights, Suburban, Sidewalks
Utilities Available Electricity Available, Sewer Available, Water Available
View Y/N Yes
View City Lights, Hills, Landmark, Mountain(s), Neighborhood, Panoramic
Present Use Investment,Residential,Unimproved
Building
Lot Description Bluff, Corner Lot, Irregular Lot, No Landscaping, Near Public Transit, Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5225002024
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Judith Paez Mata • RE/MAX OLYMPIC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "