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Gary & Colleen Wolfson
(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@bhhscal.com

DRE# 01044223
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Gary & Colleen Wolfson
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(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@
bhhscal.com

DRE# 01044223
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(858) 792-6085
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SOLD
$1,250,000
Date 07/25/2023

2330 E 3rd Street
Los Angeles, CA 90033

Land
Residence
0.2043
Lot Size
Listing Agent: Ardy Ishal CalDRE: 01769601 - BRC Advisors- BH
BRC Advisors-BH is pleased to offer for sale a vacant and "cleared" corner lot in Boyle Heights, that is development-ready for up to 50 affordable apartment units utilizing AB1763, the State Density Bonus law. The site is 8,897 SF zoned [LA]RD1.5-1, there are no required tenant relocations, and the structures have already been demolished. Recent state and local assembly bills affecting the City of Los Angeles provide density increases, parking reductions, and other incentives favorable to land sites such as this when providing an affordable component. The lot is both easily accessible and highly visible on a corner lot along Soto Street with easy access to the 5,10, and 101 freeways. Additionally, the newly completed Metro Gold Line station at East 1st Street is only two blocks to the north.
23266277
Land, Other
Los Angeles
0.2043 Acres
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Listing Agent: Ardy Ishal CalDRE: 01769601 - BRC Advisors- BH
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