Views
Address
4325 E Hammel Street East Los Angeles, CA
Price
$ 170,000
Property Attributes
  • MLS#SB21247395
  • TypeLand
  • CountyLOS ANGELES
  • CityEast Los Angeles
  • AreaEast Los Angeles
  • Zip90063
  • Style
  • Price$ 170,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,688 SqFt
Listing Provided Courtesy Of:
Joshua Barut with Lyon Stahl Investment Real Estate, Inc. - 562-457-8126
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

This 6,888 SF Vacant Lot is located right in the heart of the highly sought-after East Los Angeles Submarket. The lot is fully vacant with no relocation of tenants necessary allowing for an immediate build upon acquisition. Furthermore, the lot sits in a central location in the middle of a vastly appreciating market. Located just a few miles away from Downtown Los Angeles, Banc of California Stadium, and Exposition Park, this offering provides a pathway to instant increase in value. Downtown currently provides 500,000 jobs and with the aforementioned new development and countless other projects breaking ground, this investment presents a great opportunity for any investor. Moreover, any future property built on this site will carry with it New Construction. This is extremely valuable as the property will not be subject to Statewide Rent Control (A.B. 1482) and, in effect, will not be subjected to any limitations whatsoever when it comes to Rent Adjustments. Another benefit with respect to the property’s location is it’s Easy Access to all of Los Angeles. It is located near the East LA Interchange - a junction of the 5, 10, 101, and 60 freeways and one of the most traveled freeway intersections in California. Proximity to these freeways offers access to nearly any part of the City and the respective job markets throughout with relative ease. In addition, the Lot features an Excellent Walk Score of 80 (Very Walkable) meaning the majority of the various restaurants, cafes, shopping, and services throughout the Submarket are accessible on foot. All said, this property is a developer’s dream and represents a rare opportunity to build on one of the least obstructed lots in the entire area.

Price History
11/12/2021 Listed $170,000

General Features

Co-Listing Agent State License # 02103055
Co-listing Agent Evelyn Baez Gonzalez - BRE#02103055
Community Features Biking, Foothills, Street Lights, Suburban, Sidewalks
Listing Agent Joshua Barut - BRE#01971720
Listing Agent State License 01971720
Lot Size Square Feet 6688
MLS Area ELA - East Los Angeles
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Terms Contract
Utilities None
View Hills
Zoning LCR2*

Exterior Features

Lot Features Sloped Down, Rectangular Lot, Trees, Yard
Lot Size Acres 0.15
Lot Size Area 6688
Lot Size Source Assessor
Lot Size Units Square Feet
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90063

Price
AVG $220K
$170K
Visits
AVG 51
4
Walkscore
AVG 63
80
Data Provided by Walkscore ® not using MLS data

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