4612 3Rd StEast Los Angeles, CA 90022

Property Details for 4612 3Rd St

Lot size

0.17 AC

Zone code

LCC2*

Property type

Land

Property subtype

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.

• Alternative Use

  Use

  Valuation

  Residential

  $2,469,204

  Hospitality

  $2,261,777

  Educational

  $1,881,772

  Medical

  $1,946,489

  Retail

  $2,927,201

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0331

Longitude

-118.166

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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