906 E 23rd Street
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- 6,234 sqft lot
- – on site
25% Price Reduction! A possible affordable housing development opportunity at 906 E 23rd Street, just south of Downtown Los Angeles. The 6,232 sq. ft. lot currently has an 8648 sq. ft. structure that will be delivered vacant at close of escrow. Located in a dense community with an easy commute to Downtown and close to multiple Metro local lines, Metro A Line (Blue) to Long Beach and Metro E Line (Gold) to Santa Monica. The property is located in the Opportunity Zone which offer incentives for investing in low-income communities. Opportunity Zones programs offer three tax incentives through a qualified Opportunity Fund. Property is also centered in the Enterprise Zone which the Federal, State and City governments provide economic incentives to stimulate local investment and employment through tax and regulation relief and improvement of public services. Located 2 miles from USC and the LA Convention Center, close to the Fashion District Downtown and the Los Angeles Trade Technical College. Maximum Unit Count is 4 (four) Units 2 units plus a 1,200 sq. ft ADU and a 500 sq. ft. JADU. Maximum Build Size is 10,800 sq. ft. for all livable structures. Heigth Limit is 3 Stories (33 ft.) Property down the street is building a three story duplex and 2 two story ADUs. a total of three buildings. Maximum Build Size is 16,200 sq. ft for all livable structures. (Information provided by Flipro.) Contact LA1 for further information.
Listed By CRMLS_CA / Herbert L McGurk / Coldwell Banker Realty
Last checked:
Checking…
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Last updated Sep 23, 2024
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MLS# 24426808 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:East of San Pedro Street, North of Adams Blvd.
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Latitude:34.02292300
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Longitude:-118.25780500
The Property
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Property Type:Land
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Zoning:[Q]LAR4
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Lot Size Area:6234.0000
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Lot Size Dimensions:50x125
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Lot Size Acres:0.1431
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Lot Size SqFt:6234.00
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View:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5131019001
Utilities
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Sewer:Other
The Community
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Senior Community:No
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Association:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/23/24
Sep 23, 2024
|
Price Changed | CRMLS_CA | $1,195,000 | -25.1% |
8/12/24
Aug 12, 2024
|
Listed / Active | CRMLS_CA | $1,595,000 |