34.063133 -118.2567

1301 Colton St LOS ANGELES, CA 90026

242662370 34.063133 -118.2567 124 /listing/242662370-150127580/1301-colton-st-los-angeles-ca-90026 False 0 2250000.0 102 19479010 False
  • $2,250,000
  • 11,174 lot
  • Est payment $12078.49/mo

Property & Neighborhood Info

Courtesy Of Oron Maher, California Real Property, Inc

Vacant Land in Los Angeles

Reduced $250K-Owner is Motivated- Bring All Offers- Won't be Offended!- Two Options on this Site: (1) Purchase with existing entitlements for 29 units (only $77K/buildable door/RTI); or (2) Take advantage of TOC Tier 2 status, scrap existing plans and build potentially up to 48 units (only $47K/buildable door/raw land) . The property is currently fully entitled for a state-of-the-art 29 market-rate unit building with rental rates projected between $4.00-$4.60 per foot. At only $77,000/buildable door for an RTI site makes this one of the best deals on the market. Or, scrap the plans and start over, taking advantage of TOC Tier 2 status and re-entitle this site for potentially up to 48 unit- unheard of $47K/buildable door = Best Value Site in LA. The property is within close proximity to some of the hottest parts of Silverlake including Sunset Junction, Echo Park, Atwater Village and Downtown Los Angeles.

Courtesy Of Oron Maher, California Real Property, Inc
  1. 11,174 Lot

Main Features

  • Listing Status: Active
  • County: LOS ANGELES
  • MLS Number:19479010

Additional Features

  • View:
    • City Lights
  • Land Size Source:
    • Assessor
  • Lot Features:
    • Sprinklers None
  • CDOM:
    • 172
  • Assessments:
    • None
  • Special Conditions:
    • Standard
  • Listing Key:
    • 362844199
  • Lot Size Acres:
    • 0.2565
  • Lot Size Square Feet:
    • 11174.00
  • Price Per SQFT:
    • 201.36
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Jamie Durity
Jamie Durity
Broker
11365 183rd St. Cerritos CA 90703
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