4325 Hammel Street
East Los Angeles, CA 90022
- – beds
- – baths
- – sqft
- 6,688 sqft lot
- – on site
More homes
This 6,888 SF Lot is located right in the heart of the highly sought-after East Los Angeles Submarket. The lot is fully vacant with no relocation of tenants necessary allowing for an immediate build upon acquisition. Furthermore, the lot sits in a central location in the middle of a vastly appreciating market. Located just a few miles away from Downtown Los Angeles, Banc of California Stadium, and Exposition Park, this offering provides a pathway to instant increase in value. Downtown currently provides 500,000 jobs and with the aforementioned new development and countless other projects breaking ground, this investment presents a great opportunity for any investor. Moreover, any future property built on this site will carry with it New Construction. This is extremely valuable as the property will not be subject to Statewide Rent Control (A.B. 1482) and, in effect, will not be subjected to any limitations whatsoever when it comes to Rent Adjustments. Another benefit with respect to the property’s location is it’s Easy Access to all of Los Angeles. It is located near the East LA Interchange - a junction of the 5, 10, 101, and 60 freeways and one of the most traveled freeway intersections in California. Proximity to these freeways offers access to nearly any part of the City and the respective job markets throughout with relative ease. In addition, the Lot features an Excellent Walk Score of 80 (Very Walkable) meaning the majority of the various restaurants, cafes, shopping, and services throughout the Submarket are accessible on foot. All said, this property is a developer’s dream and represents a rare opportunity to build on one of the least obstructed lots in the entire area.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Sep 4, 2023
•
MLS# SB22165953 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/14/22
Sep 14, 2022
|
Sold | CRMLS_CA | $180,000 | -9.5% |
|
8/30/22
Aug 30, 2022
|
Pending | CRMLS_CA | $199,000 | |
|
8/25/22
Aug 25, 2022
|
Sold Subject To Contingencies | CRMLS_CA | $199,000 |