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$ 1,949,000
Est. payment /mo
Price Dropped by $26K
1422 E Imperial HWY Los Angeles, CA 90059
0.54 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26988179
HOA Y/N No
Lot Size 0.538 Acres
Property Description
SELLER FINANCING, Seller shall carry back financing in an amount equal to 50% of the purchase price ,for the first year, interest shall accure at 5% per annum. For the second year, interest shall at 8% per annum. This Prime Imperial Highway lot is an exceptional CAR WASH opportunity, with high traffic and outstanding visibility for immediate development. Plus, it's fully entitled under ED-1 for a future 120-unit affordable housing project. The planned unit mix includes 8 singles, 108 one-bedrooms, and 5 two-bedrooms. Whether you begin with a thriving car wash or pivot later to housing, this lot offers both immediate and long-term potential in a growing area.Don't Miss this rare opportunity
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LCR2*
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights
Building
New Construction No
Others
Senior Community No
Tax ID 6148003032
Special Listing Condition Standard
Listed by Dezireh Haghayeghi Keller Williams Beverly Hills #02083315
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