$700,000

Redevelop an approx. 7,000 SF vacant lot in an emerging pocket just west of Downtown Los Angeles. The R4(CW)-75/3-0 zoning (400 SF of land per dwelling unit, 75' height limit, 3.0 FAR) offers broad flexibility and excellent redevelopment potential. City approvals required. Buyer to verify that property meets the requirements of their future plans for the site.Surrounded by neighborhood amenities, restaurants, and transit options, the property is well-suited for investors pursuing ground-up multifamily construction, a value-add renovation, or a custom long-term hold. A rare urban infill opportunity in a high-demand, rapidly improving submarket.Assemblage Potential - Adjacent parcels (1272 & 1276 W Court St) are available to create a larger combined 0.48-acre development site. See offering memorandum and inquire with agent.Don't miss this opportunity!