FOR SALE 21,400 Sq.Ft COMMERCIAL MIXED USE
2323 EAST 3RD STREET,
LOS Angeles , CA 90033
130 UNIT DEVELOPMENT SITE 500 FEET FROM METRO
$5,450,000
Price
21,400
Land SF
$255
Price Per SF
TWO Parcels
# of parcels
.49
Land Acres
[LUM3-SH3-4][XC1-4][CPIO]
Zoning Type
Previous
Next
$5,450,000
Price
21,400
Land SF
$255
Price Per SF
TWO Parcels
# of parcels
.49
Land Acres
[LUM3-SH3-4][XC1-4][CPIO]
Zoning Type
INVESTMENT HIGHLIGHTS
Discover a prime development opportunity in the heart of Boyle Heights at 2321 East 3rd Street, where potential meets possibility.
This corner property, strategically located at Soto and 3rd Street, boasts a total of 21,400 sq. ft. across two lots.
With recent zoning approval for commercial use and the potential to construct a mixed-use building accommodating up to 130 units, the property's versatility is unmatched. Notably, its proximity to the Metro Gold Line, just 500 feet away, adds a distinct allure, making this parcel a standout investment opportunity.
THE AREA
This property is in the Mixed Use section of the new community plan in Boyle Heights, a neighborhood known for its vibrant arts and culture scene. It has various galleries, studios and street art nearby, as well as KECK HOSPITAL and the famous "Arts District" of the town. The neighborhood is close to major freeways, making it easy to travel to other parts of Los Angeles. It is also near the LA River and popular attractions like Historic Park.
The property is located in the Arts District of Los Angeles, known for its vibrant arts and culture scene. It is home to numerous art galleries, studios, and creative spaces, such as Hauser & Wirth and the Institute of Contemporary Art.
The Arts District has undergone significant gentrification in recent years, attracting trendy restaurants, coffee shops, and boutiques. Popular dining spots like Bestia and Zinc Cafe contribute to the area's culinary reputation.
The neighborhood offers a mix of residential lofts, industrial buildings, and modern developments. Converted warehouses and factories provide a unique urban living experience, appealing to a diverse demographic.
The area is known for its street art and murals, adding to the neighborhood's aesthetic appeal. Visitors often explore the streets to discover the vibrant displays of public art, including works by renowned artists like Shepard Fairey.
The Arts District is conveniently located near downtown Los Angeles, offering easy access to major freeways and public transportation. Its proximity to cultural landmarks like The Broad museum and Walt Disney Concert Hall enhances the area's appeal to residents and visitors alike.
FOR MORE DETAILS CONTACT
Camiar Rabban
ERI Commercial
(310) 736-0842
camiar@aol.com
00893886
Shawn Rabban
City Capital Realty
(310) 736-0842
ShawnRabban@Yahoo.com
0667328
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