Los Angeles CA Real Estate & Land for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24377565
Type:
Land
Lot size:
0.15 Acres
Courtesy: Russell Enyart - eXp Realty of California Inc Russell Enyart
View additional info

AUCTION - This lot has APPROVED PLANS and is READY TO BUILD! This lot is situated in City Terrace with great views over looking Cal State L.A. Approved plans and clearances from all departments including school tax and library tax. Ready to break ground starting with grading permit. Approved plans to start construction on a new 3 bed/2 bath, 1604sqft three level SFR with 384sqft attached garage, 36sqft front porch and 78sqft balcony. This is a down slope lot. Must see!! Don't miss out on this great opportunity for all investors and owner builders!

Beds:
n/a
Baths:
Sq.Ft.:
7,125
Status:
Active
MLS#:
CRRW24067805
Type:
Land
Lot size:
0.16 Acres
A broker reciprocity listing Courtesy: JAMES NEWCOMB - Windermere Real Estate JAMES NEWCOMB [email protected]
View additional info

Create your mountain dreams with these three contiguous lots, conveniently located just up the road from Arrowbear Lake and Park. As you explore this picturesque community, you cant miss the majestic oak tree standing at the heart of the property (between 33175 and 33159 Arrowbear Dr). With Snow Valley Ski Resort a mere 15 minutes away, this location offers the perfect balance between outdoor adventure and tranquil retreat. Imagine spending your days skiing on the slopes then returning to the mountain cabin you have built. The gentle downslope of the land makes your dream of building, that much easier. At the bottom of the property, a seasonal creek adds to the charm of this idyllic setting, offering a peaceful soundtrack of flowing water and enhancing the natural beauty that surrounds you. Don't miss out on the chance to make these three lots your own slice of mountain paradise.

Beds:
n/a
Baths:
Sq.Ft.:
5,075
Status:
Active
MLS#:
CRCV24068496
Type:
Land
Lot size:
0.12 Acres
A broker reciprocity listing Courtesy: Paul Antuna - COSS REALTY & LOANS Paul Antuna [email protected]
View additional info

DEVELOPMENT OPPORTUNITY! PRICED TO SELL! This beautiful downslope lot is one of just several left on Montecito Dr. with a view. Montecito Dr. is a paved street with access to hiking trails, and the scenic Debs Park is a short walking distance away. Preliminary plans show a 1300 sf 2BR 1-1/2 BA home on 2 upper levels with a 1BR/1BA ADU below. These preliminary plans are not yet approved, and require work by a licensed architect and engineer, but are based on already completed survey, topography, and slope analysis.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CV24068496
Type:
Land
Lot size:
0.12 Acres
Listing Agent: Paul Antuna CalDRE: 01990668 - COSS REALTY & LOANS, 323-829-1452 Paul Antuna CalDRE: 01990668
View additional info

DEVELOPMENT OPPORTUNITY! PRICED TO SELL! This beautiful downslope lot is one of just several left on Montecito Dr. with a view. Montecito Dr. is a paved street with access to hiking trails, and the scenic Debs Park is a short walking distance away. Preliminary plans show a 1300 sf 2BR 1-1/2 BA home on 2 upper levels with a 1BR/1BA ADU below. These preliminary plans are not yet approved, and require work by a licensed architect and engineer, but are based on already completed survey, topography, and slope analysis.

Beds:
n/a
Baths:
Sq.Ft.:
13,892
Status:
Active
MLS#:
CRDW24068356
Type:
Land
Lot size:
0.32 Acres
A broker reciprocity listing Courtesy: Maria Morales-Cuevas - Berkshire Hathaway Home Srvs Maria Morales-Cuevas [email protected]
View additional info

This Land is flat and ready to build your dream home with an amazing Downtown LA View. This land has power, water, and sewer lines ready.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CV24068157
Type:
Land
Lot size:
0.11 Acres
Listing Agent: Mekhael Khoury CalDRE: 01866084 - GREATER REALTY INVESTMENTS, 818-424-2080 Mekhael Khoury CalDRE: 01866084
View additional info

ALL. Developers, Investors, and Builders, . Seller may Carry with the right down payment. Great lot to build . The buyer is responsible for all investigations. . it maybe Sold as 4 lots package Included APN#'s 5464-003-014, 015, 016, 017. Convenient location just minutes from Downtown LA business district, Pasadena, Eagle Rock, Glendale, Metro Line, 5, 110 & 2 freeways. Just up the street from the entrance to Santa Monica Conservancy Elyria Canyon Park; a 35-acre nature park that provides a network of trails meanders through fragrant communities of sage scrub, chaparral, grassland & purple needle grass. The trails lead to vistas of the Los Angeles River, Griffith Observatory, and the city

Beds:
n/a
Baths:
Sq.Ft.:
4,757
Status:
Active
MLS#:
CRCV24068157
Type:
Land
Lot size:
0.11 Acres
A broker reciprocity listing Courtesy: Mekhael Khoury - GREATER REALTY INVESTMENTS Mekhael Khoury [email protected]
View additional info

ALL. Developers, Investors, and Builders, . Seller may Carry with the right down payment. Great lot to build . The buyer is responsible for all investigations. . it maybe Sold as 4 lots package Included APN#'s 5464-003-014, 015, 016, 017. Convenient location just minutes from Downtown LA business district, Pasadena, Eagle Rock, Glendale, Metro Line, 5, 110 & 2 freeways. Just up the street from the entrance to Santa Monica Conservancy Elyria Canyon Park; a 35-acre nature park that provides a network of trails meanders through fragrant communities of sage scrub, chaparral, grassland & purple needle grass. The trails lead to vistas of the Los Angeles River, Griffith Observatory, and the city

Beds:
n/a
Baths:
Sq.Ft.:
4,200
Status:
Active
MLS#:
CROC24068044
Type:
Land
Lot size:
0.1 Acres
A broker reciprocity listing Courtesy: Deborah Cimino - HomeSmart, Evergreen Realty Deborah Cimino [email protected]
View additional info

This gorgeous parcel of land is off Beverly Glen in the Heart of Belair. This is a great investment opportunity. This is a great opportunity for investors, builders and out-of-the-box thinkers. Residential land For Sale in Bel Air's storied Beverly Glen Canyon. This is the perfect piece of Land to think about the future.

Beds:
n/a
Baths:
Sq.Ft.:
8,831
Status:
Active
MLS#:
CRSR24013428
Type:
Land
Lot size:
0.2 Acres
A broker reciprocity listing Courtesy: Steven Sarahang - Flat Fee Inc. Steven Sarahang [email protected]
View additional info

7323 Crenshaw Blvd, This corner lot is 8831sf, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located near LAX and Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently the plans are submitted to the city for a 4 story 18 unit apartment building with an attached carport, waiting for final approval, this project will be affordable housing TOC Tier 3. Easy to start building with the older building demolished; possible to build 26 units or up to 46 units if the TOC incentives are utilized; there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through executive directive 1 if a 100% affordable housing project is pursued. the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include several multi unit projects in the area.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
OC24068044
Type:
Land
Lot size:
0.1 Acres
Listing Agent: Deborah Cimino CalDRE: 02177954 - HomeSmart, Evergreen Realty Deborah Cimino CalDRE: 02177954
View additional info

This gorgeous parcel of land is off Beverly Glen in the Heart of Belair. This is a great investment opportunity. This is a great opportunity for investors, builders and out-of-the-box thinkers. Residential land For Sale in Bel Air's storied Beverly Glen Canyon. This is the perfect piece of Land to think about the future.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SR24013428
Type:
Land
Lot size:
0.2 Acres
Listing Agent: Steven Sarahang CalDRE: 01386940 - Flat Fee Inc., 818-402-4266 Steven Sarahang CalDRE: 01386940
View additional info

7323 Crenshaw Blvd, This corner lot is 8831sf, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located near LAX and Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently the plans are submitted to the city for a 4 story 18 unit apartment building with an attached carport, waiting for final approval, this project will be affordable housing TOC Tier 3. Easy to start building with the older building demolished; possible to build 26 units or up to 46 units if the TOC incentives are utilized; there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through executive directive 1 if a 100% affordable housing project is pursued. the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include several multi unit projects in the area.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24376771
Type:
Land
Lot size:
0.26 Acres
Courtesy: Daniel Lalezari - Keller Williams Hollywood Hills Daniel Lalezari
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. The existing structure consists of (3) two bedrooms, 1 bath per unit. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24376767
Type:
Land
Lot size:
0.26 Acres
Courtesy: Daniel Lalezari - Keller Williams Hollywood Hills Daniel Lalezari
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and a redevelopment project. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
11,364
Status:
Active
MLS#:
CL24376771
Type:
Land
Lot size:
0.26 Acres
A broker reciprocity listing Courtesy: Daniel Lalezari - Keller Williams Hollywood Hills Daniel Lalezari [email protected]
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. The existing structure consists of (3) two bedrooms, 1 bath per unit. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
11,364
Status:
Active
MLS#:
CL24376767
Type:
Land
Lot size:
0.26 Acres
A broker reciprocity listing Courtesy: Daniel Lalezari - Keller Williams Hollywood Hills Daniel Lalezari [email protected]
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and a redevelopment project. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24376771
Type:
Land
Lot size:
0.26 Acres
Listing Agent: Daniel Lalezari CalDRE: 01949474 - Keller Williams Hollywood Hills Daniel Lalezari CalDRE: 01949474
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and redevelopment project. The existing structure consists of (3) two bedrooms, 1 bath per unit. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24376767
Type:
Land
Lot size:
0.26 Acres
Listing Agent: Daniel Lalezari CalDRE: 01949474 - Keller Williams Hollywood Hills Daniel Lalezari CalDRE: 01949474
View additional info

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and a redevelopment project. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Beds:
n/a
Baths:
Sq.Ft.:
4,802
Status:
Active
MLS#:
CRDW24067267
Type:
Land
Lot size:
0.11 Acres
A broker reciprocity listing Courtesy: Julio Midolo - ReMax Sky Julio Midolo [email protected]
View additional info

Here's your chance to create your own urban oasis in the heart of Los Angeles! This vacant piece of land presents an ideal canvas for building your dream home, strategically located near the vibrant pulse of Downtown, the serene beauty of Griffith Park, and the excitement of Dodger Stadium. With its proximity to key landmarks and attractions, this property offers not only the promise of convenient city living but also the potential for a wise investment. Whether you envision a sleek modern retreat or a charming traditional abode, this blank canvas awaits your architectural vision. Seize the opportunity to craft a personalized sanctuary amidst the dynamic energy of Los Angeles. Don't miss out on this exceptional investment opportunity to shape your future in one of the most coveted locations in the city.

Beds:
n/a
Baths:
Sq.Ft.:
4,844
Status:
Active
MLS#:
CROC24064291
Type:
Land
Lot size:
0.11 Acres
A broker reciprocity listing Courtesy: Frank Shamoo - Innovate Realty, Inc. Frank Shamoo [email protected]
View additional info

LOT VALUE with APPROVED PLANS - Property scrapped - RTI and SB8 Cert APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,805 sq ft of total living space duplex with an ADU + garages/parking and a potential for 4th and 5th unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. Potential 4th/5th unit on the second floor presents 3 bedrooms and 2.5 bathrooms, offering 1,266 sq ft of space or split into 2 spaces making it a 5th unit. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucr

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
OC24064291
Type:
Land
Lot size:
0.11 Acres
Listing Agent: Frank Shamoo CalDRE: 01899250 - Innovate Realty, Inc., 949-295-6491 Frank Shamoo CalDRE: 01899250
View additional info

LOT VALUE with APPROVED PLANS - Property scrapped - RTI and SB8 Cert APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,805 sq ft of total living space duplex with an ADU + garages/parking and a potential for 4th and 5th unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. Potential 4th/5th unit on the second floor presents 3 bedrooms and 2.5 bathrooms, offering 1,266 sq ft of space or split into 2 spaces making it a 5th unit. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this propertys immense potential for your investment goals. Don't miss out on this chance

Beds:
n/a
Baths:
Sq.Ft.:
6,734
Status:
Active
MLS#:
CRV1-22793
Type:
Land
Lot size:
0.15 Acres
A broker reciprocity listing Courtesy: Scott Boras - Coldwell Banker Realty Scott Boras [email protected]
View additional info

Motivated Seller! This 6,734 square foot single-family lot checks all the boxes, with great views, street frontage, utilities in the street (buyer to verify), R1-1 zoning, and a neighborhood of million-dollar homes. Build your next spec home, diversify your portfolio, or create your dream home. Enjoy easy access to the 101 freeway, nearby restaurants and shops, The Commons at Calabasas, and Westfield Promenade. Seller is open to financing, on approved terms. Broker and Agent do not guarantee the accuracy of lot size or any other information concerning the property. Prospective buyers in consultation with their own professionals should do their own research and due diligence, verify all information to their satisfaction, and determine what can be permitted to be built on the property.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
V1-22793
Type:
Land
Subdivision:
Not Applicable
Lot size:
0.15 Acres
Listing Agent: Scott Boras CalDRE: 01443086 - Coldwell Banker Realty, [email protected] Scott Boras CalDRE: 01443086
View additional info

Motivated Seller! This 6,734 square foot single-family lot checks all the boxes, with great views, street frontage, utilities in the street (buyer to verify), R1-1 zoning, and a neighborhood of million-dollar homes. Build your next spec home, diversify your portfolio, or create your dream home. Enjoy easy access to the 101 freeway, nearby restaurants and shops, The Commons at Calabasas, and Westfield Promenade. Seller is open to financing, on approved terms. Broker and Agent do not guarantee the accuracy of lot size or any other information concerning the property. Prospective buyers in consultation with their own professionals should do their own research and due diligence, verify all information to their satisfaction, and determine what can be permitted to be built on the property.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24374701
Type:
Land
Lot size:
0.26 Acres
Courtesy: Daniel Shamooelian - Keller Williams Beverly Hills Daniel Shamooelian
View additional info

We are pleased to present for sale an (ED 1) Executive Directive 1 affordable development opportunity located in the Metropolitan Southwest neighborhood of Los Angeles, within close proximity to LAX, Sofi Stadium, Gardena, Downtown LA and much more! Current improvements include 4 residential units situated on two separate APN's: APN 6117004005 (City of LA) & APN 6117004027 (Unincorporated LA County), with the addresses 12016-12108 S Figueroa. The combined lot size of 11,362 sqft makes this a prime candidate for a 100% fully affordable apartment project (seller has had conversations with architect for a 70 unit fully affordable project). Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Property also comes with an alley which allows for maximized design and parking. All 4 units are currently tenant occupied and the property will be sold with tenants in place. Currently monthly income from the units is $3,200/month, collect income while going through entitlements! Buyer to verify all zoning & density regulations with LADBS, LA County, and all relevant departments. Close proximity to major transportation (105 & 110 Freeways). Do not miss this opportunity to build in a centrally located part of LA with tons of upside at an affordable price point. Contact listing agent for more details!

Beds:
n/a
Baths:
Sq.Ft.:
11,362
Status:
Active
MLS#:
CL24374701
Type:
Land
Lot size:
0.26 Acres
A broker reciprocity listing Courtesy: Daniel Shamooelian - Keller Williams Beverly Hills Daniel Shamooelian [email protected]
View additional info

We are pleased to present for sale an (ED 1) Executive Directive 1 affordable development opportunity located in the Metropolitan Southwest neighborhood of Los Angeles, within close proximity to LAX, Sofi Stadium, Gardena, Downtown LA and much more! Current improvements include 4 residential units situated on two separate APN's: APN 6117004005 (City of LA) & APN 6117004027 (Unincorporated LA County), with the addresses 12016-12108 S Figueroa. The combined lot size of 11,362 sqft makes this a prime candidate for a 100% fully affordable apartment project (seller has had conversations with architect for a 70 unit fully affordable project). Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Property also comes with an alley which allows for maximized design and parking. All 4 units are currently tenant occupied and the property will be sold with tenants in place. Currently monthly income from the units is $3,200/month, collect income while going through entitlements! Buyer to verify all zoning & density regulations with LADBS, LA County, and all relevant departments. Close proximity to major transportation (105 & 110 Freeways). Do not miss this opportunity to

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24374701
Type:
Land
Lot size:
0.26 Acres
Listing Agent: Daniel Shamooelian CalDRE: 01984269 - Keller Williams Beverly Hills Daniel Shamooelian CalDRE: 01984269
View additional info

We are pleased to present for sale an (ED 1) Executive Directive 1 affordable development opportunity located in the Metropolitan Southwest neighborhood of Los Angeles, within close proximity to LAX, Sofi Stadium, Gardena, Downtown LA and much more! Current improvements include 4 residential units situated on two separate APN's: APN 6117004005 (City of LA) & APN 6117004027 (Unincorporated LA County), with the addresses 12016-12108 S Figueroa. The combined lot size of 11,362 sqft makes this a prime candidate for a 100% fully affordable apartment project (seller has had conversations with architect for a 70 unit fully affordable project). Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Property also comes with an alley which allows for maximized design and parking. All 4 units are currently tenant occupied and the property will be sold with tenants in place. Currently monthly income from the units is $3,200/month, collect income while going through entitlements! Buyer to verify all zoning & density regulations with LADBS, LA County, and all relevant departments. Close proximity to major transportation (105 & 110 Freeways). Do not miss this opportunity to build in a centrally located part of LA with tons of upside at an affordable price point. Contact listing agent for more details!

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The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.


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 4/30/2024.

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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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