$430,000
Potential development opportunity in the heart of Boyle Heights, just moments from Hollenbeck Park and the new 6th Street Bridge. Vacant 5,206+/- sqft lot offering what appears to be potential for up to 3 units + 2 ADUs (5 units total subject to City approval and buyer verification). The front portion of the lot is sloped but seems to level out across much of the site. Notably, the adjacent multifamily property at 2038 Hollenbeck Dr (MLS#25574667) is also available, forming an L-shaped configuration with this parcel. While each can be acquired individually, purchasing both may create a unique opportunity for expanded development across approximately 11,418+/- sqft total lot size or for long-term portfolio value (buyer to independently verify any use potential or entitlement feasibility). Located near Metro lines, DTLA, Mariachi Plaza, and the vibrant Arts District, this site is positioned in one of LA's most rapidly evolving neighborhoods. Renderings are conceptual only and provided for inspiration. Buyer to conduct their own due diligence with appropriate agencies.
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Listed by Austin Vaccaro with AJVRE (310) 339-1309
Property Type
Land
Status
Active
MLS Number
25598339
Year Built
N/A
Lot Size
5,205 sq ft