2323 E 3rd St, Los Angeles, CA 90033

$3,450,000

bedrooms

bathrooms

square feet

Acreage

0.49

Open Houses

year built

Full Baths

Half Baths

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Incredible development opportunity just 500 feet from the Metro station! This offering includes two contiguous commercial-zoned parcels totaling approximately 21,400 SF. One parcel features a 3-unit building; the other includes five (5) detached 2-bedroom bungalows. Combined gross annual income is approximately $75,000 with one unit currently vacant, providing immediate upside potential.Preliminary drawings are available for a proposed 120-unit residential development targeting moderate- to low-income housing. Ideal for developers seeking a transit-oriented site with income in place during planning and entitlement.Do not disturb tenants. Contact listing agent for additional information and to access preliminary plans.

Location
Subdivision	-
County	Los Angeles
Elementary School	-
Middle School	-
High School	-

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MLS number: 25521943

Listing agent: Camiar Rabban

Listing broker: Exclusive Realty, Inc. (424) 248-0224

Last update: Monday, April 7 2025 at 10:26 p.m. EDT

Kotohomes National