614 Beech Street, Los Angeles, CA 90065

$110,000
List Price
$110,000
Status
ACTIVE
MLS#
OC18082310
Lot Size
4,746
Lot Location
Down Slope from Street, Steep Slope, Value In Land
Days on Market
12
Property Type
Land

Property Description

ALERT : Local and international investor prime opportunity** Build a beautiful Million dollar Home in the Heart of LA with an amazing view! This well located parcel in Los Angeles the neighborhood of Mt. Washington is near everything. Easy access to all freeways: 110, 5, 101, 10, 134, 210, provides for this High End Hillside Homes area with stunning views be highly desirable. Dodger's Stadium, Korea Town, Chinatown. Walt Disney Concert Hall, Echo Park, and many other Los Angeles communities are close by. Access to the parcel is in the city plans - the street is planned for the future development but not paved right now. Open land, zoned residential, single family LARE20. *This is a prime location the top of Mount Washington where the panoramic view reaches far and wide and can have an amazing build site. A housing census back to about 1998 mentioned that open virgin developing land in California will be obsolete in 15 to 20 years, were about there now..**As well, an excellent buy-and-hold! Low taxes and clean up, a decade+ from now this land will be just about priceless! **New build with good potential profit, depending on the type & size of project, maybe much more. (5bd+,3bt+,2carg,2/3 story) The comps in the area for "new homes" like this range between the 950k to 1.5M+ range. *Motivated seller but not forced to sell, open to a "make sense" offer. (cash preferred).

Additional Information

Lot Description
Urban
View
City Lights, Hills, Panoramic
Water
See Remarks

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jose Garavito from Pacific Cove Realty and Loan

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.