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3844 W 27TH ST, Los Angeles, California

$1,850,000Active

Property Details

3844 W 27TH ST, Los Angeles, California 90018 - FULLY ENTITLED LAND IN PRIME WEST ADAMS / JEFFERSON PARK FOR 16-MARKET RATE UNITS! Call for offers date: Wednesday, April 26, 2017. CBRE, Inc. is pleased to present the opportunity to purchase an entitled multifamily land site located in the trend-setting Los Angeles neighborhood of West Adams / Jefferson Park. This unique, shovel-ready opportunity allows the new owner to begin construction as soon as they wish in a market that is only headed upwards. In 2015, Curbed Los Angeles voted West Adams as neighborhood of the year. This project is fully entitled for 16 market rate units, which would be a tremendous addition to the dense, flourishing West Adams / Jefferson Park neighborhood. Given that a large area of West Adams / Jefferson Park has been designated historic, this is a very rare opportunity to build brand new product in a market that is lacking new multifamily construction.

Amenities

  • Zip90018
  • CountyLos Angeles
  • StatusActive
  • Purchase TypeActive
  • Property typeVacant Land
  • Zoning typeLAR3
  • Lot size12355
  • MLS® ID17219600

Listing Courtesy of CB Richard Ellis, Inc.

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