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1516 W 58th St, Los Angeles, CA 90062
$425,000
1516 W 58th St, Los Angeles, CA 90062View this property at 1516 W 58th St, Los Angeles, CA 90062
1516 W 58th StLos AngelesCA90062
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Property Description
Zoned for commercial, industrial, and residential! We are pleased to present a 100% vacant land development opportunity located at 1516 W 58th St. Los Angeles, CA 90062! Totaling +/-4,281sfof LACM zoned land with and Tier 1 TOC, there's potential for a developer to execute on either a market rate residential development, affordable housing development, or even a contractor needing a yard space for storage. As a 100% affordable ED1 development, there's potential for a 20-25 unit development with no parking requirements with an affordable stick on grade type construction. With its close proximity to the 110 Freeway and Downtown Los Angeles, the property is well positioned for a developer seeking a well-located property with high rental demands, or for a commercial/industrial user needing affordable land to operate their business on. Nearby developments include the installation of the Slauson bike path, which provides significant upgrades for transportation throughout the surrounding community. Buyer shall complete their own due diligence to determine the development potential. For more information please contact the listing broker.
Full Property Details
Full Property Details for 1516 W 58th St
General
- Sold For: $425,000
- Status: Closed
- Type: Lots/Land
- MLS ID: 24-360695
- Added to Site: 85 day(s) ago
Location
- Area: Los Angeles Southwest
- County: Los Angeles
- Driving Directions: Google Maps: 1516 W 58th St. Los Angeles, CA 90062
Lot Features
- Property View: City
- Lot Size (Acres): 0.0983
- Lot Size: 4281
- Lot Size Source: Vendor Enhanced
- Zoning: LACM
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5003-034-004
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Schools
Schools serving 1516 W 58th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1724 W 53rd St, Los Angeles, CA 90062 | K-5 | 0.4 mi | |
5940 S Budlong Ave, Los Angeles, CA 90044 | K-5 | 0.4 mi | |
1700 W 46th St, Los Angeles, CA 90062 | 6-11 | 0.9 mi | |
825 W 60th St, Los Angeles, CA 90044 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1516 W 58th St
Date
Details
Price
Change
Source
4/08/2024
Sold
$425,000
-10.53%
MLS
2/21/2024
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1516 W 58th St, Los Angeles, CA 90062 (MLS# 24-360695) is a Lots/Land property that was sold at $425,000 on April 08, 2024. This property was sold by Andrianna Chakava from our Beverly Hills Office.Want to learn more about 1516 W 58th St? Do you have questions about finding other Lots/Land real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.