1422 E Imperial Highway, Los Angeles, CA 90059

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List Price
$1,949,000
Status
ACTIVE
Days on Market
52
Price Change
▼ $26,000 1793858204
MLS#
26988179
Subtype
Land
Lot Size
23,441
Acres
0.54
MLS Area Major
Metropolitan South (C37)

Property Description

SELLER FINANCING, Seller shall carry back financing in an amount equal to 50% of the purchase price ,for the first year, interest shall accure at 5% per annum. For the second year, interest shall at 8% per annum. This Prime Imperial Highway lot is an exceptional CAR WASH opportunity, with high traffic and outstanding visibility for immediate development. Plus, it's fully entitled under ED-1 for a future 120-unit affordable housing project. The planned unit mix includes 8 singles, 108 one-bedrooms, and 5 two-bedrooms. Whether you begin with a thriving car wash or pivot later to housing, this lot offers both immediate and long-term potential in a growing area.Don't Miss this rare opportunity

Additional Information

Zoning
LCR2*
View
City Lights

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Listing courtesy of Listing Agent: Dezireh Haghayeghi (dezireh11@gmail.com) from Listing Office: Keller Williams Beverly Hills.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.