4307 Dozier StEast Los Angeles, CA 90022

This 20,141 square foot corner lot in East Los Angeles, CA (APN 5234-011-053), is offered at $1,150,000 ($57.10/SF). Located in unincorporated Los Angeles County, it benefits from a favorable LCR3 zoning designation, allowing for thirteen units by-right. Currently operating as a non-conforming two-unit multifamily property with detached garages converted into living spaces, this provides immediate income for a developer while pursuing entitlements. The property is situated in a residential neighborhood near numerous schools, parks (Eugene Obregon LA County Park and Belvedere Community Regional Park), and amenities including Mexes Cafe and La Azteca Tortilleria. Its prime location offers easy access to major freeways (710, 60, and 10) and public transportation, including light rail service. The area is experiencing significant development, with recent projects like the La Paza Apartments and the "3+D" apartment building demonstrating the growing demand for housing. This presents a rare redevelopment opportunity for market-rate housing, density bonus projects, or LIHTC initiatives. The property's size and zoning, coupled with its strong location and existing income stream, make it an attractive investment for developers seeking to capitalize on the area's growth.