SOLD
Neema Ahadian Of Marcus & Millichap Facilitate $2.35M Land Sale In Los Angeles
1432 East 25th Street
Land
Sold 17 days ago
Summary
Sale
CALIFORNIA
Land
1432 East 25th Street, a land parcel located just south of Downtown Los Angeles, was sold for $2,350,000. The 10,509 SF lot offers a development opportunity for 54 income-restricted units and 1 manager unit.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,350,000
- Lot Size: 10,509 SF
- Price Per Lot Square Foot: $224
- Market: Los Angeles
- Address: 1432 East 25th Street
The property at 1432 East 25th Street was sold by broker Neema Ahadian from Marcus & Millichap. The land parcel's amenities include a communal roof deck and convenient access to public transportation, enhancing its appeal in the South Los Angeles infill market.
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Agents
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Agencies
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Details
SOLD
IMAGE: Neema Ahadian
DATE: 03/15/2024
ADDRESS: 1432 East 25th Street
MARKET: Los Angeles
ASSET TYPE: Land
BROKER: Neema Ahadian (@TheNeemaGroup) - Marcus & Millichap (@MarcusMillichapinc)
SALE PRICE: $2,350,000
LOT SF: 10,509 ~ PPLSF: $224
NOTE: 1432 East 25th Street, a land parcel located just south of Downtown Los Angeles, was sold for $2,350,000 by broker Neema Ahadian of Marcus & Millichap. The 10,509 SF lot, offering a development opportunity for 54 income-restricted units and 1 manager unit, boasts a cost-efficient design with amenities including a communal roof deck and convenient access to public transportation, enhancing its appeal in the South Los Angeles infill market.View on map
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Address1432 East 25th Street
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