Asking Price: $950,000

This 9,013 Square Feet Lot, with a 2,395 Square Feet Building is in the Southeast area of Los Angeles known as Green Meadows. Property is zoned LAR4 which is Multiple Dwelling Zoning, allowing for Multi-Family residential buildings, such as Apartments, Condos, and some Fraternities/Sororities. Alowing for up to 6-9 stories. Other permitted uses would be Church, School, Childcare, Hotel/Motel and any use permitted in the 'R3' Multiple Dwelling Zone.The neighborhood consists of Single-family homes, apartments, and condos. It is located close to Alain LeRoy Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles. Under construction across the street at 10705 Avalon Blvd is a new 69 Unit, five-story Apartment Building. This Listed Avalon Blvd property is on the same street, the same zoning and slightly smaller. For Additional Information go to: www.zimas.lacity.orgIf you can see yourself investing and you feel now is the time Call/Write Now!