$ 750,000
-
$750,000
Price -
3
Bed -
2
Bath -
1,768
SqFt
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About the Listing CLW-X8146102 - CLW-C114114,CLW-C131128
Rare Development Opportunity in Lincoln Heights. This single-family home with an additional structure sits on an expansive, flat lot zoned RD3-1 with TOC Tier 3 status opening the door to endless possibilities. Keep the original Craftsman charm with its roomy layout, soaring ceilings, and abundant natural light, or take advantage of the easy-to-build lot and create a profitable multi-unit project.Located in a state-designated housing and enterprise zone, this property qualifies for density bonuses, reduced parking requirements, faster approvals, and major developer incentives. Key Highlights: Expansive, flat lot with RD3 zoning multi-unit potential. TOC Tier 3, build more units with fewer parking requirements. Enterprise & Housing Element site added incentives and faster approvals. Craftsman character with tons of natural light. Steps from Zizou, Moo's Craft Barbecue, Mazel, and Terra Mia. Minutes to Chinatown, Highland Park, and DTLA. Strong renter and buyer demand in a thriving neighborhood. Whether you're looking to develop, invest, or design your dream home, this property is a rare chance to grab a prime piece of Lincoln Heights with character, location, and high ROI potential.
Listing Highlights for 133 W Avenue 31
Status
Active
Days on Site
22
Property Type
Residential
MLS ®
25579117
Year Built
1905
Total Square Footage
1,768
Lot/Acreage
0.14
County
Los Angeles
Area
677 - Lincoln Hts
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Three-Quarter
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: Decorative
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: LARD3
- Roof:
- Others: Guest House,Has ADU
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5205006010
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
133 W Avenue 31 Los Angeles, CA 90031
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