This 6,250 square foot parcel provides a variety of development possibilities. The site has 50 feet of frontage along the east side of Third Street. The HU-RM1, Historic Urban Multi-Family Residential District zoning designation is another great feature, as it allows for uses such as single-family, multi-family and townhouse development as well as many other potential options.   Foundation work is already in place for a townhouse development and the owners already have building plans that can be transferred with the sale.  Buyer can pull a permit and begin construction immediately!

This site could also be purchased as a package deal with 2518 Dryades Street & 1835 Third Street, which is a 5,569 square foot ‘T’ shaped HU-RM1 adjacent site that could provide the critical mass for additional development opportunities.

Call Pat Browne III at 504-250-3059 for additional details.

LACDB Listing

MLS Listing