C2 Zoned Investment Property in Los Angeles
Sold - $1,000,000
Daughrity Real Estate and Management Solutions is pleased to present an excellent opportunity to own the investment property with a tenant in place, or this C2 Zoned site is prime for redevelopment. The maximum Height for the potential development is 67 ft. (+22 ft. from TOC incentives), equivalent to 5 stories (+2 stories from TOC incentives) which yields a maximum of 72 units built on this site.
Currently, the laundromat is 3,920 square feet sitting on 13,225 square feet. The site is located in a dynamic Historic South-Central Los Angeles. This laundry has been going strong for over 40 years! All systems are in place and ready for an owner-operator. There is a perfect mix of more oversized washers and plenty of dryers. They have fully attended