***$50,000 price reduction and offered at $113 land per SF *** Situated on a 6,020 SF corner lot zoned LAC2-1VL-CPIO, 4926 S. Vermont offers exceptional development potential. The site allows for 9 units by-right, 30 units with mixed-use incentives, and up to 52 units with affordable housing incentives (buyer to verify). Existing improvements include a mixed-use duplex with one retail and one residential unit. For full development details, including a BrickWork development report, please refer to the marketing package. Located 2 blocks north of Slauson and Vermont, this property sits just 2 miles from USC, Exposition Park, BMO Stadium, and The Lucas Museum, making it an attractive opportunity in a rapidly evolving corridor. The area is experiencing a significant influx of new affordable and supportive housing projects, driven by excellent transit accessibility and proximity to key commercial hubs.
