7111-7135 Lindley Ave Los Angeles, CA 91335
Large lot suitable for multifamily, storage, or mixed-use development.
Type:Land, Mixed Use, Multifamily, Self Storage, Special Purpose
Property size:
55,112 SFLot size:
1.27 AcresPrice / SF:
$163/SF- Added:
- Sep 21, 2022
- Days on Market:
- 1312
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 7111-7135 Lindley Ave
General Information
- Standard status
- Active
- Size
- 55,112 SF
- Lot size
- 1.27 Acres
- Property subtype
- Land, Mixed Use, Multifamily, Self Storage, Special Purpose
Listing agent Roger Perry License #01882885
Listing office Roger Perry Group
Listing date Sep 21, 2022
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Roger Perry Group
Overview
Land with Multifamily Potential
This 55,112-square-foot property is zoned C2, with a zoning change expected to be completed in a few months, potentially allowing for various uses such as multifamily housing, storage facilities, or mixed-use developments. Interested parties should verify permitted uses with the Los Angeles Department of Building and Safety (LADBS). The seller has initiated the entitlement process for a senior living project, planning for approximately 150 units and including cafeteria and common area spaces. The seller is open to carrying the note for up to two years at a 6.0% interest rate with a $1,000,000 upfront payment, terms are negotiable.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.52749
- Latitude
- 34.19973
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Large lot suitable for multifamily, storage, or mixed-use development.
Where is this commercial land located?
The property is located at 7111-7135 Lindley Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: C2 zoning change to be completed soon, allowing for various uses.; Seller financing available for up to 2 years at 6.0% with $1.0M down.; Entitlement process started for a senior living project with cafeteria/common area spaces.
