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Rare Opportunity to Own a Unique Piece of Los Angeles Real Estate

10-01-2024 09:41 AM CET | Industry, Real Estate & Construction

Press release from: Magic Realty

Real estate

Real estate

Los Angeles, CA - A rare and intriguing piece of undeveloped land in the heart of Los Angeles is now available for sale-but it won't last long at this price! Priced to sell quickly, this 1,250 sq. ft. lot presents a unique opportunity for investors looking to own a slice of one of the most iconic cities in the world.

Located directly behind 3801 Griffin Ave, this parcel (APN: 5207005014) is zoned LAR1, making it an ideal land hold for future development. While not currently suitable for construction due to access limitations, it serves as a strategic investment piece. The property is situated behind a duplex and does not include an easement at this time, making it more of a long-term investment. With its prime location, this plot could become invaluable if neighboring properties seek to expand or when developers come knocking!

Details of the Property:
- Lot Size: 1,250 sq. ft.
- Parcel Number: 5207005014
- Zoning:LAR1
- Location: Behind 3801 Griffin Ave, Los Angeles, CA

Given the current buzz around this listing, the property may go above the asking price, making it a competitive asset to secure.Interested buyers are encouraged to submit their highest and best offers immediately to avoid missing out on this rare investment opportunity.

For more information or to schedule a private showing, contact Peter Yahiayan, a licensed real estate agent specializing in land sales and development in California and Michigan. With extensive experience in residential, commercial, and investment properties, Peter is dedicated to providing expert guidance for buyers and sellers looking to maximize their real estate potential.

Contact Information:
Peter Yahiayan
License #: 01913002, DRE
Magic Realty
1024 E Colorado Blvd, Glendale, CA
Direct: 248-798-7266
Email: dealsbypeter@gmail.com

Peter Yahiayan assists clients with a wide range of real estate needs, including residential and commercial properties, land sales, and investment opportunities in California and Michigan. If you're looking for your next investment property or seeking to sell your asset for the best return, get in touch today!

Peter Yahiayan
License #: 01913002, DRE
Magic Realty
1024 E Colorado Blvd, Glendale, CA
Direct: 248-798-7266
Email: dealsbypeter@gmail.com

Magic Realty specializes in connecting investors with prime real estate opportunities across California. With a commitment to transparency and client success, we help turn real estate dreams into reality.

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