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$700,000
2,048 Sqft

315 Firmin Street, Los Angeles, California 90026

  • Commercial Sale Property Type
  • 0 Days Time on market
  • $342 Price per sqft
  • 1911 Year Built
Property Description

Emerging Area — Occupied 4-Plex For SaleExisting occupied 4-Plex is a great way to enter or add to your portfolio within this emerging market.The property is located in the Westlake neighborhood in Los Angeles just West of Downtown Los Angeles. Over the last five years the area has seen a great renewal with hundreds of new units built within a few blocks of the subject site. Existing residentially dense zoning and/or ADU legislation could allow for additional units to be built on property.Zoning: R4(CW)-45/3-0 (Density 400 SF of Land/Dwelling Unit, 45′ Height Limit, 3.0 FAR) Key Highlights:Central Location — A short uber ride to Crypto.com Arena, Dodger Stadium, the Music Center, The Broad Museum, Echo Park, Chinatown, Little TokyoEmerging Area — Within a few blocks of the site there are close to 500 new units across 7 new apartment communities and even more beyond that immediate area.Multi-family Zoning — Existing zoning allows high density multi-family communities.TOC Tier 2 — City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. Tier to be verified with current transportation services.QCT — Site is within QCT designated areas that are sought after by affordable housing tax credit developers (Qualified Tracts Area per 2024 HUD map).Don’t miss out on this exceptional opportunity in this emerging market!

Basic Details
Commercial Sale
Buy
P1-18665
$700,000
2,048 Sqft
1911
Active
Multi Family
Features
0
$0
Address
CA
Other County
Los Angeles
90026
315 Firmin Street
315
Street
0
W119° 44' 43''
N34° 3' 49.7''
Additional Information
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0
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2,048 Sqft
0 Sqft
0 Sqft
0 Sqft
3,865 Sqft
0 Sqft
5160021028
$0
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
26/07/2024 16:08:27
$0
: Standard
Start on W Temple St and turn onto Firmin St. Property will be at the end of the street on the right hand side.
Keller Williams Realty
Roger Phillips
PF5630
p20771
$0
1
: Sprinklersnone
: Multi Family
: Square Feet
1
US-06037-N-5160021028-R-N
MultiFamily
26/07/2024 23:19:14
Firmin
C21 - Silver Lake - Echo Park
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