5710 S Figueroa Street, Los Angeles, CA 90037

We are pleased to present a 100% vacant land development opportunity located at 5710 S Figueroa St, Los Angeles, CA 90037! Zoned for commercial or residential uses and without any existing structures or improvements, no demolishing needs to occur, offering flexibility and a phenomenal project for any buyer. Totaling 5,400 SF of LAC2-1VL-CPIO zoned land with Tier 3 TOC, there's potential for a developer to execute on either a market rate residential development, affordable housing development, or even a contractor who needs yard space for storage. Utilizing TOC incentives, there's potential for a 24-unit market rate development project. As a 100% affordable ED1 development, there's potential for a 28-unit development with no parking requirements with an affordable stick-on grade type construction. Utilizing commercial zoning, potential allowable uses include retail, retail with limited manufacturing, theaters, hotels, broadcasting studios, parking buildings, parks and playgrounds, auto … read more …