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2929 Amethyst St

Los Angeles, CA 90032
  • $12,000,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 22-210161
UPDATED: 44 min ago
$12,000,000
  • 0
    BEDS
  • 31.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

We are pleased to present Skyline View Estates Portfolio, a 1,439,454 SF development opportunity located in Los Angeles, CA. The bulk of the property is hillside located off of Lincoln Park Ave to the West, N Broadway to the South, and Paradise Dr along the top of the hill on the Eastern edge. The portfolio includes 15 APNs, with additional lots along Sierra St, Lincoln Park Ave, and Paradise Dr. The portfolio is part of a Bankruptcy Sale and is subject to court confirmation. Property is sold as is. The property includes multiple zoning, the main lot is zoned [Q]A1-1D, with additional lots zoned [Q]R1-1D and [Q]RE20-1D. The property has proposed plans for 70 residential units. Access to the property is currently through narrow two lane partially improved streets, which are proposed to be improved. The proposed units will have panoramic views of the Los Angeles downtown and surrounding environments. Proposed improvements also include sidewalk and interior streets, small park and perimeter gate and entry secured community. The subject site is not entitled and has no approved plans for residential subdivision development. Plans have been submitted and the approval process is on-going with the city of Los Angeles. The subject property is located minutes away from Downtown Los Angeles, Chinatown, Dodger Stadium, and Pasadena. The property is also nearby Cal State Los Angeles, and East Los Angeles College. The property boasts beautiful views of Downtown Los Angeles, the Hollywood Sign, and on clear days even the Pacific Ocean. The property has easy access to the 5-Freeway, to the West, the 10 Freeway to the East, the 710 Freeway to the South, and the 110 Freeway to the North.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-11-26T06:43:58.57. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/134136618
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2929 Amethyst St Los Angeles, CA 90032

  • Price: $12,000,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 44 min ago
  • ID#: 22-210161
0
Beds
0
Baths
0
½ Baths
31.03
Acres
Neighborhood:
Lincoln Heights
County:
Los Angeles
Area:
Lincoln Heights
Property Description
We are pleased to present Skyline View Estates Portfolio, a 1,439,454 SF development opportunity located in Los Angeles, CA. The bulk of the property is hillside located off of Lincoln Park Ave to the West, N Broadway to the South, and Paradise Dr along the top of the hill on the Eastern edge. The portfolio includes 15 APNs, with additional lots along Sierra St, Lincoln Park Ave, and Paradise Dr. The portfolio is part of a Bankruptcy Sale and is subject to court confirmation. Property is sold as is. The property includes multiple zoning, the main lot is zoned [Q]A1-1D, with additional lots zoned [Q]R1-1D and [Q]RE20-1D. The property has proposed plans for 70 residential units. Access to the property is currently through narrow two lane partially improved streets, which are proposed to be improved. The proposed units will have panoramic views of the Los Angeles downtown and surrounding environments. Proposed improvements also include sidewalk and interior streets, small park and perimeter gate and entry secured community. The subject site is not entitled and has no approved plans for residential subdivision development. Plans have been submitted and the approval process is on-going with the city of Los Angeles. The subject property is located minutes away from Downtown Los Angeles, Chinatown, Dodger Stadium, and Pasadena. The property is also nearby Cal State Los Angeles, and East Los Angeles College. The property boasts beautiful views of Downtown Los Angeles, the Hollywood Sign, and on clear days even the Pacific Ocean. The property has easy access to the 5-Freeway, to the West, the 10 Freeway to the East, the 710 Freeway to the South, and the 110 Freeway to the North.
Exterior Features

Lot Size Area 1351478 Topography Varied View Description Other View YN Yes

Property Features

Cable YN No Sale Type Notice Of Default Site Description VariedHillside Source Lot Size Area Vendor Enhanced Zoning Laa1

Listing provided courtesy of Mark Cianciulli DRE#01990266 of The Crem Group: 323-347-1009.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-11-26T06:43:58.57. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064