1005 S Herbert Avenue

Los Angeles, CA 90023
$849,500
Courtesy of Global Platinum Properties, Inc.

Description

Developers! Prime R3 lot in East Los Angeles. Spanning an impressive 6,306 square feet, this raw parcel has been expertly graded and treated with new soil, laying a solid foundation for your next project. Plans are already submitted for a modern 3-story building featuring four units--an opportunity to cater to the growing demand for housing in this vibrant area. With convenient access to the 5, 60, and 710 freeways and just minutes from Downtown Los Angeles, this location is poised for development that attracts renters and buyers alike. Seize the chance to shape urban living in one of L.A.'s most dynamic neighborhoods!

  • Property Details
      • Acres:0.1448
      • Property type:Purchase
      • County:Los Angeles
      • Original List Price:$899, 000
      • MLS #:24451043
      • Cost:849500
      • Property subtype:Land
      • MLS #:24451043

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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