Description
Realty Group Advisors proudly presents a new TOC development opportunity in the City of Boyle Heights. Boasting 33,724 square feet of land, this site at 1st and Breed has the potential to become the next largest mixed-use residential project in the area. This property is located at the epicenter of the community, as it is surrounded by the train station, new police station, hospital, public library, and is minutes from Downtown Los Angeles. This development site would be the ideal location and project to meet the City of Los Angeles need for housing and to take advantage of the programs and incentives for low-income development that the City has to offer. By right, the site allows for a total building area of 65,568 square feet with the potential to build 65 to 83 units. With the new 6th Street bridge currently under construction, this site is located at the foot of the new gateway to expansion of business, residents, and growth in Boyle Heights. APN included are APN#5183-009-012, 5183-009-007, 5183-009-014
Location
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$120,000,000
12
18
31,608 Sq ft
MLS# 22-154733
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Listing Agent: Reyes Mejia 01868073 Courtesy of: Realty Group Advisors "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 27th June, 2022 1:38 PM (UTC)
