Asking Price: $1,220,000

Commercial lot with prime investment opportunity!! This property offers an excellent opportunity to build a commercial or mixed-use residential development, ideally located just one block from St. Vincent Medical Center and minutes from Downtown Los Angeles. The front building is a two-story structure, with a 3-bedroom, 1-bath unit downstairs and a 2-bedroom, 1-bath unit upstairs. The back building is a 1-bedroom, 1-bath unit. According to public records, the property is legally classified as three units. Spacious parking spaces inside gated driveway and parking in the back.