2718 Polk St

Beds
0.45
Acre
$1,777,778
$/Acre
Sold - Sep 17, 2019
Land
Amazing Development Opportunity in Booming East Hollywood. Massive 19756 SqFt Lot in TC Zoning. This Land Size Allows For the Development of a 4 story 30,000 sqft building. Many Approved Uses Including Residential and Mixed Use Commercial. Seller Has Obtained Preliminary Approval For a 24 Unit Residential Building. Currently, the property Boasts a 3br/2ba Single Family Home Leased for $1900 per Month, and A duplex 4br/1.5ba $1650/mo & 2br/1ba at $1,000/mo. Total Rent Roll $4500/month. Site already has Sewer, Water, and Electrical Connections. This is The Perfect Site For A Serious Developer.
MLS Number: A10706091
On Site: 2630 Days
Updated: 25 Days ago
Page Views: 0

Features

All features
  • Property SqFt: 19756
  • Remarks: Amazing Development Opportunity in Booming East Hollywood. Massive 19756 SqFt Lot in TC Zoning. This Land Size Allows For the Development of a 4 story 30, 000 sqft building. Many Approved Uses Including Residential and Mixed Use Commercial. Seller Has Obtained Preliminary Approval For a 24 Unit Residential Building. Currently, the property Boasts a 3br/2ba Single Family Home Leased for $1900 per Month, and A duplex 4br/1.5ba $1650/mo & 2br/1ba at $1, 000/mo. Total Rent Roll $4500/month. Site already has Sewer, Water, and Electrical Connections. This is The Perfect Site For A Serious Developer.
  • Internet Remarks: Amazing Development Opportunity in Booming East Hollywood. Massive 19756 SqFt Lot in TC Zoning. This Land Size Allows For the Development of a 4 story 30, 000 sqft building. Many Approved Uses Including Residential and Mixed Use Commercial. Seller Has Obtained Preliminary Approval For a 24 Unit Residential Building. Currently, the property Boasts a 3br/2ba Single Family Home Leased for $1900 per Month, and A duplex 4br/1.5ba $1650/mo & 2br/1ba at $1, 000/mo. Total Rent Roll $4500/month. Site already has Sewer, Water, and Electrical Connections. This is The Perfect Site For A Serious Developer.
  • Waterfront: No info
  • Directions: North
  • Days on Market: 25
  • Closing Date: 2019-09-17
  • Office Name: Keter Estates LLC
  • Area: 19756
  • Taxes: 8607
  • Tax Year: 2018
  • Listing Date: 2019-07-12T17:34:07.000-00:00
  • Lot Size Square Feet: 19756

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Price History

Current
$800K
High
$885K
Low
$800K
Total Change
-9.6%
$895K$843K$790KJul 19Sep 19
Date
Event
Price
Change
Price Per
09/16/2019
Sold
$800K
-9.6%
$40 ft2
$436 m2
07/12/2019
Listed
$885K
 
$45 ft2
$482 m2
09/16/2019
$800K
Event
Sold
Change
-9.6%
Price Per
$40 ft2
$436 m2
07/12/2019
$885K
Event
Listed
Price Per
$45 ft2
$482 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Erica MizrahiKeter Estates LLC • Buyer Agency Compensation .

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