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3019 E 4th St

0.31 Acres of Commercial Land Offered at £1,574,055 in Los Angeles, CA 90063

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Investment Highlights

36 Unit (26,970 SF) Approved RTI.
Plans can be converted to Affordable Housing

Heavy Foot/Car Traffic, 3 miles away from Downtown LA.
$196 a foot Construction Bid for Affordable Housing

Executive Summary

Approved RTI plans for 36 one bedroom unit. The property also offers affordable housing opportunities, that can will also allow for 50+ units. Boyle Heights, historically known as Paredón Blanco is a neighborhood in Los Angeles, California, located east of the Los Angeles River and host to USC + UCLA Medical Center. The city is served by several major freeways, including the 5, 10, 101, and 60 making it easily accessible to other parts of the city. The neighborhood is also served by several Metro bus lines and the Yellow Line rapid transit busway. Overall, Boyle Heights is a diverse and vibrant neighborhood that offers a mix of residential and commercial amenities.

3019 East 4th Street

Property Facts

Price	£1,574,055	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Apartment Units
No. Lots	1	Total Lot Size	0.31 AC
Property Type	Land

Price	£1,574,055
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units
Total Lot Size	0.31 AC

1 Lot Available

Lot 2

Price	£1,574,055	Lot Size	0.31 AC
Price Per AC	£5,137,171

Price	£1,574,055
Price Per AC	£5,137,171
Lot Size	0.31 AC

LA Premier is pleased to introduce a 36 unit RTI Site in Boyle Hights, just a few miles away from downtown LA. The current approved plans consist of 36 one bedroom units and 40 parking spots, with total rentable SF of 26,970.

Description

Currently a 4 unit apartment complex with vacant land next to it.

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aerial
map

3019 E 4th St, Los Angeles, CA - aerial map view - Image1

3019 E 4th St, Los Angeles, CA - aerial map view - Image2

3019 E 4th St, Los Angeles, CA - aerial map view - Image3

3019 E 4th St, Los Angeles, CA - aerial map view - Image4

3019 E 4th St, Los Angeles, CA - aerial map view - Image5

3019 E 4th St, Los Angeles, CA - aerial map view - Image6

3019 E 4th St, Los Angeles, CA - aerial map view - Image7

3019 E 4th St, Los Angeles, CA - aerial map view - Image8

3019 E 4th St, Los Angeles, CA - aerial map view - Image9

Walk Score ®

Very Walkable (79)

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Transit Score® measures access to public transit.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

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PROPERTY TAXES

Parcel Number	5179-004-069	Improvements Assessment	£138,445
Land Assessment	£629,295	Total Assessment	£767,740

PROPERTY TAXES

Parcel Number

5179-004-069

Land Assessment

£629,295

Improvements Assessment

£138,445

Total Assessment

£767,740

zoning

Zoning Code	LAC2 (RTI Site has approved plans for 36 units...affordable housing options will allow more units without parking requirements (~50+))
LAC2 (RTI Site has approved plans for 36 units...affordable housing options will allow more units without parking requirements (~50+))