Welcome to 1577 N Herbert Ave, located in the heart of Los Angeles, boasting an exceptional investment potential with its LCR4* zoning designation. This property is ideally situated in a rapidly developing area, offering lucrative possibilities for developers, investors, or homeowners looking to capitalize on its versatile zoning regulations. This property is zoned LCR4*, allowing for multiple dwelling units to be developed on the site. With Los Angeles experiencing a housing shortage, this zoning presents a unique opportunity to maximize density and capitalize on the growing demand for housing in the area. Nestled in a vibrant neighborhood, residents enjoy proximity to local amenities, restaurants, and entertainment options. The property also benefits from convenient access to major transportation routes, enhancing its appeal to potential tenants or buyers. Don't miss out on this incredible opportunity to acquire a prime piece of real estate with LCR4* zoning in Los Angeles. Whether you're looking to develop, invest, or simply secure a valuable asset, 1577 N Herbert Ave promises potential and prosperity. Two APN's included in the sale are: 5224-023-022 and 5224-023-023
MLS #
CRSR24135529
MLS Source
California Regional MLS
Days on Site
4
Buyer's Brokerage Compensation*
2.50%
HOA Fee
$0
Zoning
D0
1577 N Herbert Ave is in Los Angeles, CA 90063. This Land is currently priced at $120,000.
This address can also be written as 1577 N Herbert Ave, Los Angeles, CA 90063.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of July 02, 2024. For the most current information, please contact Ryan Ridley