1817 Sichel Street

About This Property

$325,000 Price Reduction. Onwner Purchased for 1.3 Million. A 9,074 sq. ft. lot that was previously a single-family home was demolished in 2020. The owner has pulled RTI plans for 18 units and has done all the work to prepare a buildable lot. Some valuable aspects of the site include its SB8 status, 55 feet of frontage, location in a Qualified Opportunity Zone, and the fact that there is no need for structure demolition or tenant relocation. The property is located in Lincoln Heights, one of LA's oldest suburbs and a rapidly developing area; it is close to Downtown Los Angeles and offers a historic charm and many new retail and dining experiences on top of good transit and accessibility

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

Listing courtesy of Marcus & Millichap

Listing data from CRMLS. Deemed reliable but not guaranteed.