Asking Price: $198,000

Incredible opportunity to build your dream home in North East Los Angeles (Lincoln Heights). The lot offers unobstructed views of DTLA and it's prime for a new development in a very rare street with only a few parcels undeveloped. The property sale includes architectural & structural plans along with other reports necessary for planning and LADBS approvals. Plans have been reviewed by LADBS and corrections have been issued and made by the architect and engineering team. In order to finalize the plans to an RTI (ready-to-issue) permit status, a few steps remain to be completed The architectural and structural plans were designed with functionality in mind and connection to the topography of the lot. The plans call for a three-story single-family residence with 3 bedrooms & 2.5 bathrooms with ample room to entertain with an indoor fireplace and outdoor terrace facing unobstructed south views of DTLA. Located in the heart of Los Angeles in the up-and-coming historic area of Lincoln Heights, the neighborhood is prime for a new single-family home development. Low supply and continuous upward changes to the area has created an increased demand for quality new homes in this submarket.