1817 Sichel St, Los Angeles, CA 90031
- $1,100,000
- List Price
- $1,100,000
- Price Change
- ▼ $200,000 1777606267
- MLS#
- 26700583
- Lot Size
- 9,077
- Days on Market
- 110
- Property Type
- Land
Property Description
$200,000 price reduction. A 9,074 sq. ft. lot that was previously a single-family home was demolished in 2020. The owner has pulled RTI plans for 18 units and has done all the work to prepare a buildable lot. Some valuable aspects of the site include its SB8 status, 55 feet of frontage, location in a Qualified Opportunity Zone, and the fact that there is no need for structure demolition or tenant relocation. The property is located in Lincoln Heights, one of LA's oldest suburbs and a rapidly developing area; it is close to Downtown Los Angeles and offers a historic charm and many new retail and dining experiences on top of good transit and accessibility
Additional Information
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- None
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Courtesy of Marcus & Millichap, Jon Emrani - CA DRE#01427038
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