Cypress Park (CYPK) Land for Sale

Cypress Park (CYPK) Land for Sale

**Discover Cypress Park: A Hidden Gem in Los Angeles**

Nestled in the heart of Los Angeles, Cypress Park (CYPK) is a vibrant neighborhood that beautifully blends urban convenience with a welcoming community spirit. Known for its rich history and diverse culture, this area offers a unique lifestyle that appeals to both families and young professionals alike. With its proximity to downtown Los Angeles, Cypress Park is perfectly positioned for those who crave the excitement of city living while still enjoying the tranquility of a close-knit neighborhood.

Cypress Park boasts an array of parks and green spaces, making it an ideal spot for outdoor enthusiasts. The picturesque Rio de Los Angeles State Park offers walking trails, picnic areas, and scenic views, providing a perfect escape from the hustle and bustle of city life. The area is also home to a variety of local shops, eateries, and cultural attractions, ensuring that residents have everything they need right at their fingertips.

For those looking to invest in land, Cypress Park presents a fantastic opportunity. With parcels of land available for sale, you have the chance to build your dream home or develop a project that contributes to this thriving community. The potential for growth in this area is significant, given its strategic location and ongoing revitalization efforts. Whether you envision a modern abode or a charming retreat, Cypress Park is the perfect canvas to bring your vision to life.

Explore the possibilities that Cypress Park has to offer, and discover why this Los Angeles neighborhood is quickly becoming one of the most sought-after locations for real estate investment. Embrace the charm, culture, and community of Cypress Park—your future awaits!

Newest Cypress Park (CYPK) Land for Sale

$1,800,000
26641327 MLS Active Under Contract Status
PRICE REDUCED! We are proud to present for sale a 78-Unit Ready-to-Issue 100% Affordable Project in Cypress Park, near Dodger Stadium and Mount Washington. The property is in an Opportunity Zone. The Project consists of 78 One-Bedroom units and includes around 32,325 SF of rentable square footage. The mostly-stacked 5-story design will streamline construction, with the Type III design helping to keep costs down. The design includes an elevator, a bicycle room, trash chutes, fire sprinklers and a tenant-accessible roof, which will look over all neighboring properties in this low-rise neighborhood. Around the corner from the Heritage Square Blue (A) Line Metro Station, your future Tenants will have less than a five minute walk to catch a train to Downtown's Union Station, with access to most of the City, or take the train north and stop in Highland Park, Pasadena, or continue east through the San Gabriel Valley! This sought-after area will provide your tenants with anything they need from Supermarkets to restaurants, to Home Depot, coffee shops, nightlife, easy access to two separate bicycle paths (Arroyo Seco and LA River), Dodger Stadium, Metro Lightrail, Highland Park, Frogtown, Chinatown and DTLA, among others. Walk Score calls this area Very Walkable, with Good Transit and Bikeable. The 11,139 SF Lot is zoned RD2-1-CDO, Tier 3 TOC, with currently-allowed Section 8 rents up to $2,289. This property is located about half a mile to the just-finished Studio 34 Apartment Campus "A34", which should have an outsized impact on the neighborhood. The current structures have been Ellis'd and will be delivered vacant.

3526 Arroyo Seco Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.