706 E 21st Los Angeles, CA 90011

Listing office HOME TEAM REALTY p***@daliliproperties.com

Listing date Jul 9, 2025

Source Corcoran

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Investment Insights

Based on property information with market context.

This property is a ready-to-build site with approved plans for three separate buildings. Each building is planned to be three stories. The first building is designed for three units, each featuring three bedrooms and three bathrooms. The second and third buildings will also be three stories, with the first floor of each designated as storage. Upon obtaining the certificate of occupancy for seven units, the plans allow for the construction of two additional units. The completed development will consist of nine units, each with three bedrooms and three bathrooms.

Key Highlights

• RTI (Ready To Issue) permits allow for immediate construction of 3 separate buildings.
• Approved for 7 units initially, with the option to build 2 additional units after certificate of occupancy, for a total of 9 units.
• Each unit features 3 bedrooms and 3 bathrooms.

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FAQs

What type of property is this?

Commercial land - Ready-to-build Los Angeles development site with approved plans for nine units.

Where is this commercial land located?

The property is located at 706 E 21st Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,090,000.

What are key features of this property?

This property features: RTI (Ready To Issue) permits allow for immediate construction of 3 separate buildings.; Approved for 7 units initially, with the option to build 2 additional units after certificate of occupancy, for a total of 9 units.; Each unit features 3 bedrooms and 3 bathrooms.