Los Angeles, CA90031
3 Bedrooms | 2 baths | 1768 sqft | MLS# 25579117
Tract:
For Sale $750,000
Description
Rare Development Opportunity in Lincoln Heights. This single-family home with an additional structure sits on an expansive, flat lot zoned RD3-1 with TOC Tier 3 status opening the door to endless possibilities. Keep the original Craftsman charm with its roomy layout, soaring ceilings, and abundant natural light, or take advantage of the easy-to-build lot and create a profitable multi-unit project.Located in a state-designated housing and enterprise zone, this property qualifies for density bonuses, reduced parking requirements, faster approvals, and major developer incentives. Key Highlights: Expansive, flat lot with RD3 zoning multi-unit potential. TOC Tier 3, build more units with fewer parking requirements. Enterprise & Housing Element site added incentives and faster approvals. Craftsman character with tons of natural light. Steps from Zizou, Moo's Craft Barbecue, Mazel, and Terra Mia. Minutes to Chinatown, Highland Park, and DTLA. Strong renter and buyer demand in a thriving neighborhood. Whether you're looking to develop, invest, or design your dream home, this property is a rare chance to grab a prime piece of Lincoln Heights with character, location, and high ROI potential.
Facts
Single Family Residence | Built in 1905 | Lot Size: 6254.00 sqft | HOA Dues: $0/month
Features
Listing provided by Joy Bolger, Compass
Based on information from California Regional Multiple Listing Service, Inc. as of August 17, 2025. 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.