El Segundo CA Real Estate & Land for Sale


Showing Homes Nearby El Segundo, CA
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24359549
Type:
Land
Lot size:
0.23 Acres
Courtesy: Casundra Renteria - Whiz Realty, Inc Casundra Renteria
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A development opportunity at 215 W Plymouth St., a 10,016 SF lot zoned R3 in the City of Inglewood. All Vacant- NO tenant relocation required! Currently there is a 2 Story Single Family residence, and a detached duplex above 4 garages. By Right, 7 detached units can be built. Prime location, just minutes away from Playa Vista, Westchester, Marina Del Rey, SOFI Stadium, Intuit Dome, and much more. Centrally located near LAX, 405/105 FWY, and Beach Cities.

Beds:
n/a
Baths:
Sq.Ft.:
5,045
Status:
Active
MLS#:
CRDW24051170
Type:
Land
Lot size:
0.12 Acres
A broker reciprocity listing Courtesy: Christian Ramos - Century 21 Realty Masters Christian Ramos [email protected]
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INVESTMENT OPPORTUNITY ALERT! Calling all investors seeking a lucrative opportunity in the thriving city of Inglewood! We present to you an exceptional chance to build a brand-new single-family residence with an ADU (Accessory Dwelling Unit). With Plans ready to submit! Inglewood, known for its rapid growth and development, offers a prime location for real estate investment. With its proximity to major attractions, employment centers, and transportation hubs, the demand for housing in this area is steadily increasing, making it an ideal choice for investors looking to capitalize on the market trends. -Prime Location: Situated in the heart of Inglewood, this property offers easy access to amenities, entertainment venues (SOFI, INTUIT, KIA FORUM), and transportation options, enhancing its appeal to potential tenants or buyers. -Additional Income Potential: The inclusion of an ADU provides an opportunity for additional rental income or multigenerational living arrangements, maximizing the property's revenue potential. -Investment Growth: As Inglewood continues to experience economic growth and urban revitalization, property values are expected to appreciate over time, offering investors the potential for long-term wealth accumulation. Don't miss out on this excellent investment oppo

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DW24051170
Type:
Land
Lot size:
0.12 Acres
Listing Agent: Christian Ramos CalDRE: 01989740 - Century 21 Realty Masters, 562-650-5030 Christian Ramos CalDRE: 01989740
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INVESTMENT OPPORTUNITY ALERT!Calling all investors seeking a lucrative opportunity in the thriving city of Inglewood! We present to you an exceptional chance to build a brand-new single-family residence with an ADU (Accessory Dwelling Unit). With Plans ready to submit!Inglewood, known for its rapid growth and development, offers a prime location for real estate investment. With its proximity to major attractions, employment centers, and transportation hubs, the demand for housing in this area is steadily increasing, making it an ideal choice for investors looking to capitalize on the market trends.-Prime Location: Situated in the heart of Inglewood, this property offers easy access to amenities, entertainment venues (SOFI, INTUIT, KIA FORUM), and transportation options, enhancing its appeal to potential tenants or buyers.-Additional Income Potential: The inclusion of an ADU provides an opportunity for additional rental income or multigenerational living arrangements, maximizing the property's revenue potential.-Investment Growth: As Inglewood continues to experience economic growth and urban revitalization, property values are expected to appreciate over time, offering investors the potential for long-term wealth accumulation.Don't miss out on this excellent investment opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
15,662
Status:
NEW LISTING
MLS#:
CRGD24083204
Type:
Land
Lot size:
0.36 Acres
A broker reciprocity listing Courtesy: David Stevenson - Stevenson Real Estate Services David Stevenson [email protected]
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Outstanding opportunity for an owner-user, investor or developer to purchase 87.5 of linear frontage along Rosecrans Avenue just east of the signalized corner of Rosecrans Avenue and Lemoli Avenue; the property consists of a gated, fenced and lighted concrete yard; currently occupied on a month-to-month basis by the adjacent body shop operation City of Hawthorne Zoning Information: C3 Zoning: https://ecode360.com/42648363#42648363 MU Overlay: https://ecode360.com/42649534#42649534

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
GD24083204
Type:
Land
Lot size:
0.36 Acres
Listing Agent: David Stevenson CalDRE: 01228475 - Stevenson Real Estate Services, 818-634-3281 David Stevenson CalDRE: 01228475
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Outstanding opportunity for an owner-user, investor or developer to purchase 87.5 of linear frontage along RosecransAvenue just east of the signalized corner of Rosecrans Avenue and Lemoli Avenue; the property consists of a gated, fencedand lighted concrete yard; currently occupied on a month-to-month basis by the adjacent body shop operationCity of Hawthorne Zoning Information:C3 Zoning: https://ecode360.com/42648363#42648363MU Overlay: https://ecode360.com/42649534#42649534

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24377867
Type:
Land
Lot size:
0.06 Acres
Courtesy: Jason Cokias - RE/MAX ESTATE PROPERTIES Jason Cokias
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Prime location for development opportunity. Vacant lot on Washington Blvd.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24377867
Type:
Land
Lot size:
0.06 Acres
Listing Agent: Jason Cokias CalDRE: 01719474 - RE/MAX ESTATE PROPERTIES Jason Cokias CalDRE: 01719474
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Prime location for development opportunity. Vacant lot on Washington Blvd.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23271531
Type:
Land
Lot size:
1.25 Acres
Courtesy: Filip Niculete - Marcus & Millichap Filip Niculete
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We are proud to present 414 Stepney Street, a unique opportunity for a developer to build 100% affordable units which would allow for unlimited density.The Offering is comprised of 54,484 square feet of land (approx. 1.25 acres) zoned R3/MU. The Site is currently run as a mobile home park and grosses $442,000 per year. This allows for a developer to cash flow while plans and entitlements are drafted for the sites highest and best use. The Lot is located on the corner of Centinela Avenue and Stepney Street just North of Florence Avenue in the highly sought after City of Inglewood. With a Walk Score of 84, The Offering is located less than 2 miles from Hollywood Park, home to the $6B Sofi Stadium and the highly anticipated $2B Intuit Dome new home of the LA Clippers. The master planned community will also include approximately 3,000 new residential units, 1.5 million square feet of new retail space, and 20 acres of parkland. The City of Champions is known for its extraordinary sports history, but more importantly for investors, it is known as a development hub with superb investment opportunities due to its pro-growth and user-friendly municipal government which caters to progression. Exciting developments have brought the world to the City of Inglewood for sports, entertainment, and business opportunities. But for Inglewood residents, these changes have come at a cost with rising rents leading to tough choices.The Inglewood Home Assist Fund (Inglewood Fund), made possible by the City of Inglewood and Mayor James T. Butts in connection with the construction of the Intuit Dome, takes center court as a $75 million initiative to meet the growing demand for housing in the City of Inglewood. Century Housing, along with our partners, will administer the fund by lending to qualified developers for the acquisition, development, and preservation of affordable and mixed-income housing. Developers based in Inglewood will receive priority.

Beds:
n/a
Baths:
Sq.Ft.:
54,484
Status:
Active
MLS#:
CL23271531
Type:
Land
Lot size:
1.25 Acres
A broker reciprocity listing Courtesy: Filip Niculete - Marcus & Millichap Filip Niculete [email protected]
View additional info

We are proud to present 414 Stepney Street, a unique opportunity for a developer to build 100% affordable units which would allow for unlimited density.The Offering is comprised of 54,484 square feet of land (approx. 1.25 acres) zoned R3/MU. The Site is currently run as a mobile home park and grosses $442,000 per year. This allows for a developer to cash flow while plans and entitlements are drafted for the sites highest and best use. The Lot is located on the corner of Centinela Avenue and Stepney Street just North of Florence Avenue in the highly sought after City of Inglewood. With a Walk Score of 84, The Offering is located less than 2 miles from Hollywood Park, home to the $6B Sofi Stadium and the highly anticipated $2B Intuit Dome new home of the LA Clippers. The master planned community will also include approximately 3,000 new residential units, 1.5 million square feet of new retail space, and 20 acres of parkland. The City of Champions is known for its extraordinary sports history, but more importantly for investors, it is known as a development hub with superb investment opportunities due to its pro-growth and user-friendly municipal government which caters to progression. Exciting developments have brought the world to the City of Inglewood for sports, entertainment, a

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23271531
Type:
Land
Lot size:
1.25 Acres
Listing Agent: Filip Niculete CalDRE: 01905352 - Marcus & Millichap Filip Niculete CalDRE: 01905352
View additional info

We are proud to present 414 Stepney Street, a unique opportunity for a developer to build 100% affordable units which would allow for unlimited density.The Offering is comprised of 54,484 square feet of land (approx. 1.25 acres) zoned R3/MU. The Site is currently run as a mobile home park and grosses $442,000 per year. This allows for a developer to cash flow while plans and entitlements are drafted for the sites highest and best use. The Lot is located on the corner of Centinela Avenue and Stepney Street just North of Florence Avenue in the highly sought after City of Inglewood. With a Walk Score of 84, The Offering is located less than 2 miles from Hollywood Park, home to the $6B Sofi Stadium and the highly anticipated $2B Intuit Dome new home of the LA Clippers. The master planned community will also include approximately 3,000 new residential units, 1.5 million square feet of new retail space, and 20 acres of parkland. The City of Champions is known for its extraordinary sports history, but more importantly for investors, it is known as a development hub with superb investment opportunities due to its pro-growth and user-friendly municipal government which caters to progression. Exciting developments have brought the world to the City of Inglewood for sports, entertainment, and business opportunities. But for Inglewood residents, these changes have come at a cost with rising rents leading to tough choices.The Inglewood Home Assist Fund (Inglewood Fund), made possible by the City of Inglewood and Mayor James T. Butts in connection with the construction of the Intuit Dome, takes center court as a $75 million initiative to meet the growing demand for housing in the City of Inglewood. Century Housing, along with our partners, will administer the fund by lending to qualified developers for the acquisition, development, and preservation of affordable and mixed-income housing. Developers based in Inglewood will receive priority.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24351739
Type:
Land
Lot size:
0.3 Acres
Listing Agent: Neema Ahadian CalDRE: 01346750 - Marcus & Millichap Neema Ahadian CalDRE: 01346750
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1015 Venice Blvd is a trophy location in Venice, a vacant lot totaling13,061 SF of land zoned {Q}R4-1XL located on the corner of Superior Ave and Venice Blvd, just off Lincoln BlvdThe property will be delivered RTI, with plans in place to construct five-story building totaling 56 units; originally, the plans called for two levels of subterranean parking with 40 spaces, but ownership is in the process of reducing the parking to one level (contact agents for details)The plans in-place propose a unit mix made up of the following:15 Singles 389-422 SF1 Single ELI: 417 SF33 1+1's: 514-664 SF5 1+1's LI: 526-549 SF1 1+1+Den: 549 SF1 1+1+Den LI: 549 SFOffered at a low $517 PSF and $120,536 per buildable unit, rare opportunity for a significantly sized residential development with no tenant relocation required; six units set aside for affordable tenants with 50 market rate unitsIrreplaceable location just one mile down the street from Abbott Kinney Blvd, 1.5 miles from Marina del Rey, and an easy commute to Santa Monica and Playa VistaA mile and a half from the Venice boardwalk and beach; easy access to Abbott Kinney Blvd with premiere retail amenities such as Erewhon, Alfred Coffee, Gjelina, Piccolo Ristorante, Salt & Straw, Ray-Ban, Warby Parker, Allbirds, Faherty, Felix Trattoria, Neighbor, Away, and many othersHalf a mile from the Costco Wholesale center on Washington Blvd; just over a mile to the Villa Marina Marketplace with major retailers such as Yard House, Pavilions, AMC, Corepower, Equinox, DSW, Gelson's, Ruth's Chris, Ulta Beauty, among othersHigh walk score of 90, located steps from numerous Metro bus lines on Venice Blvd and Lincoln Blvd including the 3, R3, CC 2, CC 5, and 33 Metro Local LineLocated in the heart of Silicon Beach with major employment in the area including Google, Facebook/Meta, Bird, YouTube, Microsoft, EA, Snap Inc, stack commerce, ChowNow, among many others

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PW24077417
Type:
Land
Lot size:
0.06 Acres
Listing Agent: Sebastian Stofenmacher CalDRE: 01328684 - Edgestone Real Estate, Inc., 818-464-5113 Sebastian Stofenmacher CalDRE: 01328684
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SB9 Lot split. Vacant, flat buildable lot. No demo needed. No parking required. Zoned for up to two units (R1 but allows an SFR or duplex.) Can build 2X800 sqft units. Ministerial approval (No hearings required)

Beds:
n/a
Baths:
Sq.Ft.:
2,500
Status:
Active
MLS#:
CL24377867
Type:
Land
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: Jason Cokias - RE/MAX ESTATE PROPERTIES Jason Cokias [email protected]
View additional info

Prime location for development opportunity. Vacant lot on Washington Blvd.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23299705
Type:
Land
Lot size:
0.12 Acres
Courtesy: Corey Weiss - Berkshire Hathaway HomeServices California Properties Corey Weiss
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Rare development opportunity to build 3 units in prime Venice. Just one half mile from the world famous Venice Beach and close to shopping and dining on Abbot Kinney. This ideally located vacant lot offers a total of 5,222 square feet of land (.012 acres) The RD-1.5 zoning allows for up to 3 units to be constructed. THIS PROPERTY IS SUBJECT TO "AFFORDABLE HOUSING RESTRICTIONS" PER LOCAL ORDINANCE.

Beds:
n/a
Baths:
Sq.Ft.:
5,222
Status:
Active
MLS#:
CL23299705
Type:
Land
Lot size:
0.12 Acres
A broker reciprocity listing Courtesy: Corey Weiss - Berkshire Hathaway HomeServices California Properties Corey Weiss [email protected]
View additional info

Rare development opportunity to build 3 units in prime Venice. Just one half mile from the world famous Venice Beach and close to shopping and dining on Abbot Kinney. This ideally located vacant lot offers a total of 5,222 square feet of land (.012 acres) The RD-1.5 zoning allows for up to 3 units to be constructed. THIS PROPERTY IS SUBJECT TO "AFFORDABLE HOUSING RESTRICTIONS" PER LOCAL ORDINANCE.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23299705
Type:
Land
Lot size:
0.12 Acres
Listing Agent: Corey Weiss CalDRE: 01792023 - Berkshire Hathaway HomeServices California Properties Corey Weiss CalDRE: 01792023
View additional info

Rare development opportunity to build 3 units in prime Venice. Just one half mile from the world famous Venice Beach and close to shopping and dining on Abbot Kinney. This ideally located vacant lot offers a total of 5,222 square feet of land (.012 acres) The RD-1.5 zoning allows for up to 3 units to be constructed. THIS PROPERTY IS SUBJECT TO "AFFORDABLE HOUSING RESTRICTIONS" PER LOCAL ORDINANCE.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23321909
Type:
Land
Lot size:
0.69 Acres
Listing Agent: Gary Fox CalDRE: 00847295 - Miller & Desatnik Realty Co. Gary Fox CalDRE: 00847295
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MAJOR PRICE REDUCTION!!! 12124 Pacific Avenue is a phenomenal multifamily development site in the heart of the highly coveted neighborhood of Mar Vista. The property is being sold with plans and is close to being RTI. This is an extraordinarily rare opportunity to purchase an oversized 30,001 sq. ft. R3 Lot in a prime West Los Angeles location. The current plans allow a developer to construct a 97,964 sq. ft. 92 Unit building with an excellent unit mix consisting of: 1 Three Bedrooms + Three Baths, 1 Three Bedrooms + Two Baths, 32 Two Bedrooms + Two Baths, 7 Lofts with One Bedroom + Office + Two Baths, 34 One Bedroom + Office + One Bath, 17 - One Bedroom + One Bath. The 92 total units in the building include 18 ADUs as well as 11 Very Low Income Units. Owner can apply for additional density pursuant to the new State Density Bonus Law AB 1287. This will increase the density to 102 total units (82 Units plus 20 ADUs). Located within the heart of Mar Vista, this prime development site enjoys all the advantages of a thriving community. Nestled between the Pacific Ocean and vibrant urban centers, Mar Vista offers an idyllic coastal lifestyle with easy access to the city's amenities and jobhubs. Known for its picturesque streets, green spaces, and proximity to Silicon Beach, Mar Vista continues to attract residents seeking a balanced urban-coastal lifestyle. Mar Vista's real estate market has shown remarkable resilience and growth. This multifamily site is a strategic investment that aligns perfectly with the demand for housing in the area and undoubtedly will seamlessly blend with the neighborhood's character, providing a living experience that enhances the vibrant Mar Vista community. OM is available upon request.

Beds:
n/a
Baths:
Sq.Ft.:
30,001
Status:
Active
MLS#:
CL23321909
Type:
Land
Lot size:
0.69 Acres
A broker reciprocity listing Courtesy: Gary Fox - Miller & Desatnik Realty Co. Gary Fox [email protected]
View additional info

MAJOR PRICE REDUCTION!!! 12124 Pacific Avenue is a phenomenal multifamily development site in the heart of the highly coveted neighborhood of Mar Vista. The property is being sold with plans and is close to being RTI. This is an extraordinarily rare opportunity to purchase an oversized 30,001 sq. ft. R3 Lot in a prime West Los Angeles location. The current plans allow a developer to construct a 97,964 sq. ft. 92 Unit building with an excellent unit mix consisting of: 1 Three Bedrooms + Three Baths, 1 Three Bedrooms + Two Baths, 32 Two Bedrooms + Two Baths, 7 Lofts with One Bedroom + Office + Two Baths, 34 One Bedroom + Office + One Bath, 17 - One Bedroom + One Bath. The 92 total units in the building include 18 ADUs as well as 11 Very Low Income Units. Owner can apply for additional density pursuant to the new State Density Bonus Law AB 1287. This will increase the density to 102 total units (82 Units plus 20 ADUs). Located within the heart of Mar Vista, this prime development site enjoys all the advantages of a thriving community. Nestled between the Pacific Ocean and vibrant urban centers, Mar Vista offers an idyllic coastal lifestyle with easy access to the city's amenities and jobhubs. Known for its picturesque streets, green spaces, and proximity to Silicon Beach, Mar Vista

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23321909
Type:
Land
Lot size:
0.69 Acres
Courtesy: Gary Fox - Miller & Desatnik Realty Co. Gary Fox
View additional info

MAJOR PRICE REDUCTION!!! 12124 Pacific Avenue is a phenomenal multifamily development site in the heart of the highly coveted neighborhood of Mar Vista. The property is being sold with plans and is close to being RTI. This is an extraordinarily rare opportunity to purchase an oversized 30,001 sq. ft. R3 Lot in a prime West Los Angeles location. The current plans allow a developer to construct a 97,964 sq. ft. 92 Unit building with an excellent unit mix consisting of: 1 Three Bedrooms + Three Baths, 1 Three Bedrooms + Two Baths, 32 Two Bedrooms + Two Baths, 7 Lofts with One Bedroom + Office + Two Baths, 34 One Bedroom + Office + One Bath, 17 - One Bedroom + One Bath. The 92 total units in the building include 18 ADUs as well as 11 Very Low Income Units. Owner can apply for additional density pursuant to the new State Density Bonus Law AB 1287. This will increase the density to 102 total units (82 Units plus 20 ADUs). Located within the heart of Mar Vista, this prime development site enjoys all the advantages of a thriving community. Nestled between the Pacific Ocean and vibrant urban centers, Mar Vista offers an idyllic coastal lifestyle with easy access to the city's amenities and jobhubs. Known for its picturesque streets, green spaces, and proximity to Silicon Beach, Mar Vista continues to attract residents seeking a balanced urban-coastal lifestyle. Mar Vista's real estate market has shown remarkable resilience and growth. This multifamily site is a strategic investment that aligns perfectly with the demand for housing in the area and undoubtedly will seamlessly blend with the neighborhood's character, providing a living experience that enhances the vibrant Mar Vista community. OM is available upon request.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24343355
Type:
Land
Lot size:
0.19 Acres
Listing Agent: Oron Maher CalDRE: 01299093 - Maher Commercial Realty Oron Maher CalDRE: 01299093
View additional info

12028-12032 W. Venice Blvd is a rare opportunity to purchase a property that is ideal either as an existing mixed-use building, or a lucrative development site in one of Los Angeles' hippest submarkets, Mar Vista; nicely nestled between Venice Beach, West LA. The subject site sits just one block from the Mar Vista Farmers Market, and two doors down from the Mar Vista Branch Library. The neighborhood is surrounded by high-end restaurants, bars, retail, a bowling alley, and many newly constructed residential units. This stretch of Venice Blvd falls within the newer Venice Blvd Safety and Mobility Project which includes protected bike lanes, and new metro lines. In August 2023, Eater named Mar Vista the "Westside's Hottest Dining Destination."The subject property is a rare opportunity to purchase an Existing Unit Mix: Two Retail + 6 Residential Apartment Units on a C2 zoned +/- 8,248 square foot parcel. This building is a great buy for both a value-add building operator and a developer. An investor can benefit from an immediate 65% upside in rent while holding valuable land for a future development project; or, a developer can take advantage of a major housing shortage and demand for residential housing by developing either a mixed-use market-rate or affordable project on this prime corridor that boasts 44,573 traffic count and 87 walk score.The subject building comprises two buildings and two free-standing garages on one lot. The front building is two stories and features approximately 2,442 square feet of ground floor retail and commercial space and four 1 bedroom/1-bathroom apartments on the second floor. The second building is a two-story duplex, each unit of which is a 1 bedroom/1 bath that occupies one floor. In between the two buildings are two free-standing parking garages and multiple assigned parking spaces for each tenant. The commercial spaces are partially occupied by residential tenants, likely in violation of the Los Angeles Rent Stabilization Ordinance (buyer to verify). A value-add investor can benefit by converting ground-floor commercial into high-end Mar Vista retail, with a proforma income of +/-$5.00 per square foot, NNN, or $12,210 per month net. The 6 residential one-bedroom units comprise approximately 3,752 square feet, or 625 square feet per unit on average. The pro forma rent for those units is $2,550 per month, for a pro forma gross income of $15,300 per month in residential rent. The two garage spaces present an opportunity to create a studio or one-bedroom Accessory Dwelling Unit.The 8,248 square foot lot can be combined with additional square footage of approximately 374 square feet given the abutting alley for a total buildable lot size of 8,619 square feet. By right, a developer can build a mixed-use 21-unit development site with retail on the ground floor. Alternatively, using the A25 section 12.22 Density Bonus Rules, a developer can build 29 units by providing between 11%-20% affordable units, with ground floor retail. Finally, using AB2334, as a 100% affordable project, a developer can build potentially up to 32 units.

Beds:
n/a
Baths:
Sq.Ft.:
8,248
Status:
Active
MLS#:
CL24343355
Type:
Land
Lot size:
0.19 Acres
A broker reciprocity listing Courtesy: Oron Maher - Maher Commercial Realty Oron Maher [email protected]
View additional info

12028-12032 W. Venice Blvd is a rare opportunity to purchase a property that is ideal either as an existing mixed-use building, or a lucrative development site in one of Los Angeles' hippest submarkets, Mar Vista; nicely nestled between Venice Beach, West LA. The subject site sits just one block from the Mar Vista Farmers Market, and two doors down from the Mar Vista Branch Library. The neighborhood is surrounded by high-end restaurants, bars, retail, a bowling alley, and many newly constructed residential units. This stretch of Venice Blvd falls within the newer Venice Blvd Safety and Mobility Project which includes protected bike lanes, and new metro lines. In August 2023, Eater named Mar Vista the "Westside's Hottest Dining Destination."The subject property is a rare opportunity to purchase an Existing Unit Mix: Two Retail + 6 Residential Apartment Units on a C2 zoned +/- 8,248 square foot parcel. This building is a great buy for both a value-add building operator and a developer. An investor can benefit from an immediate 65% upside in rent while holding valuable land for a future development project; or, a developer can take advantage of a major housing shortage and demand for residential housing by developing either a mixed-use market-rate or affordable project on this prime

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24343355
Type:
Land
Lot size:
0.19 Acres
Courtesy: Oron Maher - Maher Commercial Realty Oron Maher
View additional info

12028-12032 W. Venice Blvd is a rare opportunity to purchase a property that is ideal either as an existing mixed-use building, or a lucrative development site in one of Los Angeles' hippest submarkets, Mar Vista; nicely nestled between Venice Beach, West LA. The subject site sits just one block from the Mar Vista Farmers Market, and two doors down from the Mar Vista Branch Library. The neighborhood is surrounded by high-end restaurants, bars, retail, a bowling alley, and many newly constructed residential units. This stretch of Venice Blvd falls within the newer Venice Blvd Safety and Mobility Project which includes protected bike lanes, and new metro lines. In August 2023, Eater named Mar Vista the "Westside's Hottest Dining Destination."The subject property is a rare opportunity to purchase an Existing Unit Mix: Two Retail + 6 Residential Apartment Units on a C2 zoned +/- 8,248 square foot parcel. This building is a great buy for both a value-add building operator and a developer. An investor can benefit from an immediate 65% upside in rent while holding valuable land for a future development project; or, a developer can take advantage of a major housing shortage and demand for residential housing by developing either a mixed-use market-rate or affordable project on this prime corridor that boasts 44,573 traffic count and 87 walk score.The subject building comprises two buildings and two free-standing garages on one lot. The front building is two stories and features approximately 2,442 square feet of ground floor retail and commercial space and four 1 bedroom/1-bathroom apartments on the second floor. The second building is a two-story duplex, each unit of which is a 1 bedroom/1 bath that occupies one floor. In between the two buildings are two free-standing parking garages and multiple assigned parking spaces for each tenant. The commercial spaces are partially occupied by residential tenants, likely in violation of the Los Angeles Rent Stabilization Ordinance (buyer to verify). A value-add investor can benefit by converting ground-floor commercial into high-end Mar Vista retail, with a proforma income of +/-$5.00 per square foot, NNN, or $12,210 per month net. The 6 residential one-bedroom units comprise approximately 3,752 square feet, or 625 square feet per unit on average. The pro forma rent for those units is $2,550 per month, for a pro forma gross income of $15,300 per month in residential rent. The two garage spaces present an opportunity to create a studio or one-bedroom Accessory Dwelling Unit.The 8,248 square foot lot can be combined with additional square footage of approximately 374 square feet given the abutting alley for a total buildable lot size of 8,619 square feet. By right, a developer can build a mixed-use 21-unit development site with retail on the ground floor. Alternatively, using the A25 section 12.22 Density Bonus Rules, a developer can build 29 units by providing between 11%-20% affordable units, with ground floor retail. Finally, using AB2334, as a 100% affordable project, a developer can build potentially up to 32 units.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SB24026450
Type:
Land
Lot size:
0.25 Acres
Listing Agent: Aaron Jacobson CalDRE: 02100737 - Lyon Stahl Investment Real Estate, Inc., 310-729-1559 Aaron Jacobson CalDRE: 02100737
View additional info

Welcome to an exceptional development opportunity located at 3520 W Florence Ave in Los Angeles. This vacant parcel presents a promising canvas for investors and developers seeking to capitalize on the burgeoning real estate market in this vibrant city. Situated in a strategic location, the property offers convenient access to major thoroughfares, amenities, and attractions, making it an ideal investment opportunity.With Ready-To-Issue (RTI) plans already in place for the construction of a 20,028 square foot building on an 11,051 square foot lot, comprising 22 units, this offering provides a streamlined pathway to commence development immediately upon acquisition. The property's prime location and zoning make it an attractive prospect for investors looking to meet the high demand for housing in Los Angeles. Priced at $1,995,000, this opportunity offers significant potential for profitability, whether leveraging the strong rental market or catering to the growing demand for homeownership.Don't miss out on this rare chance to acquire a vacant parcel with RTI plans in place, allowing for expedited development and potential profitability. With the dynamic real estate landscape of Los Angeles, this opportunity is not to be overlooked

Beds:
n/a
Baths:
Sq.Ft.:
11,054
Status:
Active
MLS#:
CRSB24026450
Type:
Land
Lot size:
0.25 Acres
A broker reciprocity listing Courtesy: Aaron Jacobson - Lyon Stahl Investment Real Estate, Inc. Aaron Jacobson [email protected]
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Welcome to an exceptional development opportunity located at 3520 W Florence Ave in Los Angeles. This vacant parcel presents a promising canvas for investors and developers seeking to capitalize on the burgeoning real estate market in this vibrant city. Situated in a strategic location, the property offers convenient access to major thoroughfares, amenities, and attractions, making it an ideal investment opportunity. With Ready-To-Issue (RTI) plans already in place for the construction of a 20,028 square foot building on an 11,051 square foot lot, comprising 22 units, this offering provides a streamlined pathway to commence development immediately upon acquisition. The property's prime location and zoning make it an attractive prospect for investors looking to meet the high demand for housing in Los Angeles. Priced at $1,995,000, this opportunity offers significant potential for profitability, whether leveraging the strong rental market or catering to the growing demand for homeownership. Don't miss out on this rare chance to acquire a vacant parcel with RTI plans in place, allowing for expedited development and potential profitability. With the dynamic real estate landscape of Los Angeles, this opportunity is not to be overlooked

Beds:
n/a
Baths:
Sq.Ft.:
33,400
Status:
Active
MLS#:
CRSB23152179
Type:
Land
Lot size:
0.77 Acres
A broker reciprocity listing Courtesy: Darren Chehrazi - RE/MAX Estate Properties Darren Chehrazi [email protected]
View additional info

Unlock a World of Opportunity: Your Dream Land in South Redondo Beach Awaits. Step right up and seize a golden opportunity like no other. An extraordinary corner parcel of land in South Redondo Beach, a highly sought-after gem on the California coast. Whether you're envisioning a high-end commercial space, luxury offices, senior housing. Zoned RBC-2 (See C2 zoning use permits for an array of development options). Minutes from the Pacific Ocean's majestic waves and the iconic Redondo Pier. Immediate access to bustling shopping districts, and business centers. Commanding 240-foot frontage on the Pacific Coast Highway. Added Perks include existing retail store/office to kickstart your venture, with separate storage/showroom unit and parking area. Shape the future of South Redondo Beach and be part of its vibrant growth. Reach out NOW to make this coveted land yours! Don't let funding hold you back. Don't let this unparalleled investment opportunity slip through your fingers. 401-405, including all structures, or the 3 vacant lots, could be purchased separately, call agent for details.

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/1/2024.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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