Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90033 2323 E 3rd Street

Presented By: Camiar Rabban with Exclusive Realty Inc;
  • MLS# 25521943
  • 04/07/2025
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Home Details

Incredible development opportunity just 500 feet from the Metro station! This offering includes two contiguous commercial-zoned parcels totaling approximately 21,400 SF. One parcel features a 3-unit building; the other includes five (5) detached 2-bedroom bungalows. Combined gross annual income is approximately $75,000 with one unit currently vacant, providing immediate upside potential.Preliminary drawings are available for a proposed 120-unit residential development targeting moderate- to low-income housing. Ideal for developers seeking a transit-oriented site with income in place during planning and entitlement.Do not disturb tenants. Contact listing agent for additional information and to access preliminary plans.
Presented By: Camiar Rabban with Exclusive Realty Inc;

Interior Features for 2323 E 3rd Street

Bathrooms

Half Baths0
Total Baths0
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 2323 E 3rd Street

Additional Parcels Y/NYes
Attached Garage No
Buyer FinancingCash
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsCORNER of 3RD street and SOTO. 500 feet from Metro station.
DisclosuresRentControl
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash
Lot Size Square Feet21400.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
New ConstructionNo
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ViewNone
ZoningLUM3-SH3-4 XC1-4-CPIO

Exterior for 2323 E 3rd Street

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions150 x143
Lot Size Acres0.4913
Lot Size Area21400.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $3,450,000
MLS#25521943
List Date 04/07/2025
Property Type Land
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