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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, a
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.
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!
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
Great opportunity, seller will carry the first Trust Deed with a 30% down payment. Two lots for sale, 3,762 Sq. Ft., and 3,751 Sq. Ft. Total 7,513. $750,000 each, total: 1,500,000. The two lots have been used as a landscaper head quarters. Both lots shall be sold together. Both lots will be delivered vacant. Perfect for developing the land or other uses. Easy to show.
Great opportunity, seller will carry the first Trust Deed with a 30% down payment. Two lots for sale, 3,762 Sq. Ft., and 3,751 Sq. Ft. Total 7,513. $750,000 each, total: 1,500,000. The two lots have been used as a landscaper head quarters. Both lots shall be sold together. Both lots will be delivered vacant. Perfect for developing the land or other uses. Easy to show.
Entitled, buildable land in the heart of LA? Its true! Flat, vacant, and ready to build up to 1,600 square feet (either a house or a duplex). Imagine, building your brand-new dream home for less than the cost of an old fixer. Or build a duplex and live in one unit and rent out the other. Land was subdivided from existing property using the CA HOME act, granting it special privileges to enable development: no hearings required, no costly parking required, and ministerial (fast) approval. Drop in a prefab or build custom from the ground up - the choices are endless.For rental comps, you can build two 800 sqft 2 bed/1bath units, each of which can rent for ~$3,000/month ($6,000/month gross). Walkable to 55-acre Edward Vincent Jr. Park, and under 2mi from SoFi Stadium. Inglewoods booming with billions invested - nows your chance to invest in this hot area.
Entitled, buildable land in the heart of LA? Its true! Flat, vacant, and ready to build up to 1,600 square feet (either a house or a duplex). Imagine, building your brand-new dream home for less than the cost of an old fixer. Or build a duplex and live in one unit and rent out the other. Land was subdivided from existing property using the CA HOME act, granting it special privileges to enable development: no hearings required, no costly parking required, and ministerial (fast) approval. Drop in a prefab or build custom from the ground up - the choices are endless. For rental comps, you can build two 800 sqft 2 bed/1bath units, each of which can rent for ~$3,000/month ($6,000/month gross). Walkable to 55-acre Edward Vincent Jr. Park, and under 2mi from SoFi Stadium. Inglewoods booming with billions invested - nows your chance to invest in this hot area.
Great opportunity, seller will carry the first Trust Deed with a 30% down payment. Two lots for sale, 3,762 Sq. Ft., and 3,751 Sq. Ft. Total 7,513. $750,000 each, total: 1,500,000. The two lots have been used as a landscaper head quarters. Both lots shall be sold together. Both lots will be delivered vacant. Perfect for developing the land or other uses. Easy to show.
4303-4313 W Pico Blvd is a unique affordable housing development opportunity in Mid City. Plans call for 149 income restricted housing units and 1 manager unit, with an ideal unit mix of 48 singles and 102 one-bedrooms. Unlike other ED1 projects, the design includes one level of on-grade parking for 39 spaces and is centrally located to major employment hubs. The discount to surrounding market rents support both a voucher based and workforce housing lease-up strategy, allowing a developer multiple lease up options and flexibility at completion. The seven-story mid-rise project is designed with a stacked design, utilizing Type III over Type I construction for expedited construction and reduced costs. The project also includes 11,259 SF of open space, allowing a developer to provide additional amenities or supportive housing services for residents. The project is offered at a low $40,000 per buildable unit, offering a privately funded developer the opportunity to fund the entire project without tax credits or government subsidies. The existing two retail units will be delivered vacant at the close of escrow, allowing a developer to break ground and start on the project once permits have been pulled.
4303-4313 W Pico Blvd is a unique affordable housing development opportunity in Mid City. Plans call for 149 income restricted housing units and 1 manager unit, with an ideal unit mix of 48 singles and 102 one-bedrooms. Unlike other ED1 projects, the design includes one level of on-grade parking for 39 spaces and is centrally located to major employment hubs. The discount to surrounding market rents support both a voucher based and workforce housing lease-up strategy, allowing a developer multiple lease up options and flexibility at completion. The seven-story mid-rise project is designed with a stacked design, utilizing Type III over Type I construction for expedited construction and reduced costs. The project also includes 11,259 SF of open space, allowing a developer to provide additional amenities or supportive housing services for residents. The project is offered at a low $40,000 per buildable unit, offering a privately funded developer the opportunity to fund the entire project without tax credits or government subsidies. The existing two retail units will be delivered vacant at the close of escrow, allowing a developer to break ground and start on the project once permits have been pulled.
4303-4313 W Pico Blvd is a unique affordable housing development opportunity in Mid City. Plans call for 149 income restricted housing units and 1 manager unit, with an ideal unit mix of 48 singles and 102 one-bedrooms. Unlike other ED1 projects, the design includes one level of on-grade parking for 39 spaces and is centrally located to major employment hubs. The discount to surrounding market rents support both a voucher based and workforce housing lease-up strategy, allowing a developer multiple lease up options and flexibility at completion. The seven-story mid-rise project is designed with a stacked design, utilizing Type III over Type I construction for expedited construction and reduced costs. The project also includes 11,259 SF of open space, allowing a developer to provide additional amenities or supportive housing services for residents. The project is offered at a low $40,000 per buildable unit, offering a privately funded developer the opportunity to fund the entire project without tax credits or government subsidies. The existing two retail units will be delivered vacant at the close of escrow, allowing a developer to break ground and start on the project once permits have been pulled.
The property is 7,500 sf corner lot. The property is RTI (pending Buyer payment of Sewer Fee) for 23 unit (22 1-Bed & 1 3-Bed) apartment building with 1 affordable unit designated for Extremely Low Income. The design of the building allows for a very easy and fluid development process. Approved plans are available upon request.
The property is 7,500 sf corner lot. The property is RTI (pending Buyer payment of Sewer Fee) for 23 unit (22 1-Bed & 1 3-Bed) apartment building with 1 affordable unit designated for Extremely Low Income. The design of the building allows for a very easy and fluid development process. Approved plans are available upon request.
Development Dream with a HUGE PRICE REDUCTION! Proudly presenting 2000 Clyde Avenue, an epic opportunity delivered FULLY vacant & fully RTI in the best part of West Adams. Designed with lavish taste and efficiency, 64-North Architecture, has won awards for this above-grade build. This lot is nearly 10,000 sqft and has plans for another 10,000 sqft of buildable living space. Each townhome boasts a large open floor plan, a spacious yard - private to each home, & unobstructed views. Every inch of this project has been thought through. The highest calibur tenants or buyers will be magnetic upon completion. This is a versatile project where the townhomes can be sold individually or rented as a long-term hold. In addition to being extremely central, the project is situated at the very end of a tree-lined, quiet, non-through street along Ballona Creek. Not to be forgotten, this is an opportunity zone! Offering memorandum available upon request. Bring your best offers & break ground today. Home Run deal!
Development Dream with a HUGE PRICE REDUCTION! Proudly presenting 2000 Clyde Avenue, an epic opportunity delivered FULLY vacant & fully RTI in the best part of West Adams. Designed with lavish taste and efficiency, 64-North Architecture, has won awards for this above-grade build. This lot is nearly 10,000 sqft and has plans for another 10,000 sqft of buildable living space. Each townhome boasts a large open floor plan, a spacious yard - private to each home, & unobstructed views. Every inch of this project has been thought through. The highest calibur tenants or buyers will be magnetic upon completion. This is a versatile project where the townhomes can be sold individually or rented as a long-term hold. In addition to being extremely central, the project is situated at the very end of a tree-lined, quiet, non-through street along Ballona Creek. Not to be forgotten, this is an opportunity zone! Offering memorandum available upon request. Bring your best offers & break ground today. Home Run deal!
Development Dream with a HUGE PRICE REDUCTION! Proudly presenting 2000 Clyde Avenue, an epic opportunity delivered FULLY vacant & fully RTI in the best part of West Adams. Designed with lavish taste and efficiency, 64-North Architecture, has won awards for this above-grade build. This lot is nearly 10,000 sqft and has plans for another 10,000 sqft of buildable living space. Each townhome boasts a large open floor plan, a spacious yard - private to each home, & unobstructed views. Every inch of this project has been thought through. The highest calibur tenants or buyers will be magnetic upon completion. This is a versatile project where the townhomes can be sold individually or rented as a long-term hold. In addition to being extremely central, the project is situated at the very end of a tree-lined, quiet, non-through street along Ballona Creek. Not to be forgotten, this is an opportunity zone! Offering memorandum available upon request. Bring your best offers & break ground today. Home Run deal!
Currently Ibr 1Ba Fixer or Teardown with potential for Two Houses, Two ADUs. Zoned R2 allows 2 houses & 2 ADUs. Flat Lot with rear alley.
Currently Ibr 1Ba Fixer or Teardown with potential for Two Houses, Two ADUs. Zoned R2 allows 2 houses & 2 ADUs. Flat Lot with rear alley.
We are pleased to present a 24,710 square foot redevelopment site located at 4420 South Broadway in Los Angeles, California. The subject property is situated in a solid South Los Angeles location, south of East Vernon Avenue and west of South Main Street. This offering is positioned on one (1) parcel totaling 24,710 square feet (SF) of land with a zoning ordinance of LAC2-2D-CPIO where the D suffix is an alteration of some of the base development standards per the Community Plan Implementation Overlay. This allows for sixty-one units (61) units by-right, a maximum height of 60 feet by-right, and a FAR of 1.5:1 by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories and thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. There is $95,280 in annual gross incom
We are pleased to present a 24,710 square foot redevelopment site located at 4420 South Broadway in Los Angeles, California. The subject property is situated in a solid South Los Angeles location, south of East Vernon Avenue and west of South Main Street. This offering is positioned on one (1) parcel totaling 24,710 square feet (SF) of land with a zoning ordinance of LAC2-2D-CPIO where the D suffix is an alteration of some of the base development standards per the Community Plan Implementation Overlay. This allows for sixty-one units (61) units by-right, a maximum height of 60 feet by-right, and a FAR of 1.5:1 by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories and thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. There is $95,280 in annual gross income which will stay in place while buyer goes through the entitlement process. All of the tenants are on month-to-month commercial leases. Positioned in a solid South Los Angeles location, this offering presents an excellent opportunity for an astute developer to purchase a large corner lot at a low price per square foot and potentially build over 100 units without any residential units to replace.
We are pleased to present a 24,710 square foot redevelopment site located at 4420 South Broadway in Los Angeles, California. The subject property is situated in a solid South Los Angeles location, south of East Vernon Avenue and west of South Main Street. This offering is positioned on one (1) parcel totaling 24,710 square feet (SF) of land with a zoning ordinance of LAC2-2D-CPIO where the D suffix is an alteration of some of the base development standards per the Community Plan Implementation Overlay. This allows for sixty-one units (61) units by-right, a maximum height of 60 feet by-right, and a FAR of 1.5:1 by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories and thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. There is $95,280 in annual gross income which will stay in place while buyer goes through the entitlement process. All of the tenants are on month-to-month commercial leases. Positioned in a solid South Los Angeles location, this offering presents an excellent opportunity for an astute developer to purchase a large corner lot at a low price per square foot and potentially build over 100 units without any residential units to replace.
Attention builders looking for you next project, here is a flat Lot R2 with 4050 sq ft close to 110 freeway, shopping centers and downtown LA
Attention builders looking for you next project, here is a flat Lot R2 with 4050 sq ft close to 110 freeway, shopping centers and downtown LA
OPPORTUNITY ZONE! ED1 PROJECT DEVELOPMENT to Build 45+ units, Affordable Housing OR OWNER USER RESTAURANT WITH MOST OF THE RESTAURANT EQUIPMENT THERE BIG DINING AND EXTERIOR SITTING AREA AND LOTS OF PARKING. This Prime property Boast a generous 7549 Square foot Corner lot with convenient alley access. Currently , it features a closed restaurant making it a versatile canvas for your nest investment or development venture . Zoning LAC2, TOC TIER 3 . Multiple Apartment projects being built on Main St. Metro LA Near Downtown LA AND USC. Property being sold as is for land value only. Please call listing agent for more info.