Bought with Daniel Bernier
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5010 E 3rd ST East Los Angeles, CA 90022
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Key Details
Sold Price $2,500,000
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CNSR19257609
Sold Date 08/10/20
Lot Size 0.435 Acres
Property Sub-Type Other Residential Land
Source CRISNet
Property Description
Developers and Builders, this is a rare opportunity to develop in Prime East LA, on 3rd Street, directly across the street from the East LA Civic Center. Build By Right, 35 Units Mixed Use / 25 Apartments and 10 Commercial Units or up to 44 Mixed-Use Units Including 34 Affordable Housing (Section 8) units and 10 Commercial units (subject to Regional Planning approval). The Parcel is positioned less than 1,000 feet from the County Courthouse, Building Department, East LA Library, Belvedere Park Lake and is less than 1,000 feet to Metro Gold Line Atlantic Station, Dionicio Morales Transit Plaza, and Kaiser Permanente Hospital. Minutes from Major Freeway access to the 5, 60, 710 and 10 Freeways. Nearby shopping and well-known local eateries. East LA is deep in History and Culture. As one of the Oldest Neighborhoods in Los Angeles, East LA has a lineage of culture that can be found in the community with its unique shops, businesses and landmarks.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning D0,TNS
Exterior
View None
Building
Water District - Public
Others
Tax ID 5248003008
Special Listing Condition Not Applicable
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