4612 3 St East Los Angeles, CA 90022
- Commercial land
- 0.17 lot acres
Current Use by Public Records
- Commercial land
Property Details for 4612 3 St
- Lot size
- 0.17 lot acres
- Zone code
- LCC2*
- Property type
- Commercial land
- APN
- 5247-024-900
- APU
- 5247024900
Description
This exceptional 7,551-square-foot commercial land parcel is ideally situated in East Los Angeles, CA, at 4612 E 3rd St, zip code 90022. The property, designated by APN 5247-024-900 and owned by the Los Angeles County Development Authority, is a vacant, unimproved lot zoned under the East Los Angeles 3rd Street Specific Plan - Transit Orientated Development (TOD). Its prime mid-block location on the south side of 3rd Street offers excellent visibility. The lot is conveniently located approximately 200 feet from the Maravilla Light Rail Station, providing easy access to public transportation. Furthermore, its proximity to the 710 Freeway ensures seamless connectivity to the 5, 10, and 60 freeways, facilitating efficient regional travel. The area boasts a strong demographic profile, with an average household income exceeding $87,000 and a highly educated workforce (25% holding Bachelor's, Graduate, or Professional degrees). Nearby amenities include retail centers, government facilities, healthcare providers (such as the Edward R Roybal Comprehensive Health Center and Kaiser Permanente), and recreational areas like Belvedere Park Lake. The presence of the Union Pacific rail system/Metrolink station at Cal State LA further enhances the property's accessibility. The property's estimated average daily traffic count is approximately 14,000 vehicles. Within an hour's drive are Burbank and Los Angeles International Airports. Note that building, parking, zoning, and permitted uses require verification with Los Angeles County. All information should be independently verified by the buyer. Asking price: $599,999.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.166
- Latitude
- 34.0331
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
