REDUCED! We are proud to present for sale a development opportunity in Prime Los Angeles, across the street from West Hollywood. Benefit from West Hollywood without the WeHo Building and Safety hassles. The structure on the property has been demolished, leaving a site almost ready for a Double Duplex (utilizing SB9). Build your units among some of the highest rental comparables in town! Steps to Sunset Blvd. and walking distance to pretty much everything any resident would want, Walk Score is right in calling this area a Walker's Paradise! Walk to supermarkets, restaurants in all price ranges, happening nightlife and so much more! Near the Bristol Farms (literally on the same block to the north, at Sunset Blvd.), Whole Foods, Rite Aid, DGA. This 6,550 SF Lot is a former SFR and has an SB8 Replacement Unit Determination Letter stating that zero units are subject to replacement. The property has no power lines in front, with a gently sloping street to the south, providing the possibility for great rooftop views! No replacement units, RSO or Ellis to worry about! 1332 N. Fairfax Ave. three doors away is also available, with the same attributes and possibilities.
REDUCED! We are proud to present for sale a development opportunity in Prime Los Angeles, across the street from West Hollywood. Benefit from West Hollywood without the WeHo Building and Safety hassles. The structure on the property has been demolished, leaving a site almost ready for a Double Duplex (utilizing SB9). Build your units among some of the highest rental comparables in town! Steps to Sunset Blvd. and walking distance to pretty much everything any resident would want, Walk Score is right in calling this area a Walker's Paradise! Walk to supermarkets, restaurants in all price ranges, happening nightlife and so much more! Near the Bristol Farms (literally on the same block to the north, at Sunset Blvd.), Whole Foods, Rite Aid, DGA. This 6,545 SF Lot is a former SFR and has an SB8 Replacement Unit Determination Letter stating that zero units are subject to replacement. The property has no power lines in front, with a gently sloping street to the south, providing the possibility for great rooftop views! No replacement units, RSO or Ellis to worry about! 1346 N. Fairfax Ave. three doors away is also available, with the same attributes and possibilities.
2618 W Martin Luther King Jr Boulevard is a well-positioned development opportunity located in Leimert Park, one of the hottest submarkets throughout Los Angeles. The property consists of 5,908 SF of C2 land, positioned on a corner with alley access in the rear. The property has approximately 57' in width, 105' in depth, and a 20' alley in the rear to allow for ingress/egress flexibility on a new development. The current improvements, a 941 SF building that was previously a restaurant use, are in need of either demolition or a full rebuild. Nearby developments include 195 units on Crenshaw Boulevard, the Baldwin Hills Crenshaw Plaza, and various creative offices off of Jefferson Boulevard. With its central location 2.5 miles from USC and just a 2-minute drive from LAX to Crenshaw Metro Rail Line, a new development is expected to be the property's highest and best use. Buyers shall rely on their own due diligence to verify the development potential of the property within the City of Los Angeles.
Build your dream home or a spec home to resell. The lot next door located at 4560 is also for sale, by the same seller. Buy both or just one. Survey, soils, and arborist reports available.
Owner Motivated. Make an Offer. We pleased to present this unique opportunity to purchase an +15,222 square foot lot zoned C2-1VL-CPIO. The property consists of a parking lot and church that is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Los Angeles. A developer can build 88 to 154 units on the site. This is a very good value at under $11,000 per buildable door. The property consists of a well-loved +/-4,208 sq.ft. church as well as the generous corner parking lot with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks north of beautiful Earvin "Magic" Johnson Park and Social Security Administration office and close to Animo Watts Charter High School and Animo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange. The site includes two APN numbers for sale together: 11854 Avalon (APN: 6084-005-035) and 11860 Avalon Blvd. (APN: 036 6084-005-036).
Opportunity to build!!!!Vacant Land, Lot Zoned LCR2*. This are two parcels to be sold together.... 5230-011-004 (3,570sqft) and 5230-011-005 (1,232sqft)
Welcome to 945 Miller Ave, a captivating plot of buildable land nestled in the heart of the thriving and up-and-coming neighborhood of City Terrace. This 8,354 square foot lot presents an exciting opportunity to be part of a trendy community that's on the rise. With readily available topography and survey details, planning your vision becomes a seamless process. The appeal of 945 Miller Ave lies not just in its size but also in its proximity to local attractions and amenities. Situated at the end of a serene Cul-de-Sac, 945 Miller Ave is surrounded by the pulse of the city's cultural renaissance. From eclectic cafes and boutique shops to vibrant art scenes, this area offers a lifestyle that embraces both modernity and urban charm. Discover the local parks, enjoy strolls through the surrounding streets, and savor the diverse culinary offerings nearby. This property presents an opportunity to be part of a dynamic Los Angeles community without compromising tranquility.Whether you're envisioning a personal haven or a strategic investment, 945 Miller Ave offers the ideal foundation for your aspirations. Embrace the potential of this prime piece of land and make it the starting point for your next chapter in Los Angeles. For further details or to request information, please don't hesitate to get in touch. Your vision awaits at 945 Miller Ave.
This is an affordable housing development opportunity at 7311 S Figueroa St, located just south of W Florence Ave in South Los Angeles. The 12,480 SF lot will be delivered fully entitled for 144 income-restricted housing units and 1manager unit with no parking required.The project's central infill location and proximity to major employment hubs such as Downtown LA, Vernon, Commerce, and Huntington Park support multiple lease-up strategies including filling units through PATH, LAHSA or Section 8.Plans call for an efficient seven story project, utilizing Type III over Type IA construction for a stacked design reducing construction costs for the developer. The existing 7 units/retail will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects.The finished project totals 62,735 SF and has a desirable unit mix of 141 x one-bedrooms and 4 x two-bedrooms.The project is offered at a low price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. In addition, the affordability of the projectsopens avenues of mission driven financing through CDFIs or mission driven lenders (contact agent for details)Located in a dense location of South Los Angeles with an easy commute throughout the city with access to the 110 Freeway from W Florence Ave; walking distance to multiple Metro local lines on S Figueroa St.The subject property is walking distance to retail amenities, specifically three retail strip centers at the corner of W Florence Ave & S Figueroa St; nearby to the Childrens Institute Inc., Sixty-Eighth Stree Elementary School, and Loren Miller Elementary School. Parcel numbers 6020-025-014 & 6020-025-015.
This is an affordable housing development opportunity at 843 W82nd St, located between S Vermont Ave and S Hoover St inSouth Los Angeles. The 9,301 SF lot will be delivered fully entitled for87 income-restricted housing units and 1 manager unit with no parking required.The project's central infill location and proximity to major employment hubs such as Downtown LA, Vernon, Commerce, and Huntington Park support multiple lease-up strategies including filling units through PATH, LAHSA or Section 8.Plans call for an efficient five story project, utilizing Type III construction for a fully stacked design reducing construction costs for the developer. The existing duplex will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects.The finished project totals 48,123 SF and has a desirable unit mix of 4 x singles, 79 x one-bedrooms, and 5 x two-bedrooms.The project is offered at a low price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. In addition, the affordability of the projects opens avenues of mission driven financing through CDFIs or mission driven lenders (contact agent for details). Located in a dense location of South Los Angeles with an easy commute throughout the city with access to the 110 Freeway from Manchester Ave; walking distance to multiple Metro local lines on S Vermont Ave.The subject property is walking distance to retail amenities along S Vermont Ave; nearby to Loren Miller Elementary School, Frederick K.C. Price III Christian Schools, and the Algin Sutton Recreation Center.
>>>FRESH BACK ON THE MARKER<<< ALERT ALERT!! All investors & Developers, take a look at this amazing opportunity to acquire this amazing development that is fully "RTI"- ready to build 20 units multi-family dwelling in prime and high demand area of Boyle Heights. The building will consist of 3 stories! Total building square feet = 14,349. On the 1st floor will consist of 4 units (1 bedroom, 1 bath, on the 2nd floor 6 units (4 units 1 bedroom, 1 bath & 2 units - Studio, on the 3rd floor - 6 units (4 units - 1 bedroom, 1 bath + 2 units studios. And as per seller! Only 3 units are to be for low income and the rest are standard market rental value. This amazing development is walking distance to 1st Street shops & dining restaurants, Mariachi Plaza, and only blocks away from the Arts District Area, USC Medical Center, White Memorial Hospital and 6th street bridge, with easy access to the 5,10,60 and 101 freeways & walking distance to the newly completed Metro Gold Line station at East 1st Street. So, don't hesitate and let this great development opportunity get away.
Unique opportunity to build your dream home in NELA's most sought-after community...Eagle Rock. There are not many buildable lots in true 90041, but these two lots have been in the family for over a half-century and are now available. You get BOTH side-by-side lots in this price with a combined total of 10,010 square feet. Zoned R-1 (Residential) with a gentle upslope and located right at the end of prime cul-de-sac that is already paved! Just need to complete the short 'paper street' up to front of lot. Utilities (electricity, gas) and sewer are at street level, and just feet away! These residential side-by-side lots are surrounded by beautiful homes and the neighborhood is developed. Recent Survey (Nov 2021) is included and all boundaries and corners are marked onsite. Both lots are separate and have their own APN#. Survey Map is included and part of attachments. Have no other reports available. *** Buyer's to verify all information and perform their due diligence.
Opportunity to acquire an RD2-zoned lot and RTI plans to develop a Four Unit Multifamily asset. The plans include (2) Duplexes spanning 5,674 GLA and 15 Bed / 15 Baths. Units consist of (2) 5 Bed / 5 Baths, (1) 3 Bed / 2 Baths and (1) 2 Bed / 3 Baths. 415 Lafayette Park Pl offers a unique opportunity in the highly desirable neighborhood of Echo Park. This 4,783 SF site has convenient access to all of Echo parks entertainment, restaurants, attracations, parks, freeway access and more. The lot has no RSO zoning restrictions and the plans include four large units. Four unit new construction Multifamily is in very high demand as the inventory is low.
Incredible opportunity to build your dream home in the highly sought-after Hollywood Hills East next to the Reservoir! This land listing offers stunning and exclusive views, making it the perfect location for your Hollywood dream home. The property consists of two combined lots, providing you with double the space to create your ideal living space. Situated on a quiet cul-de-sac and surrounded by luxurious multi-million dollar homes, this development property is truly exceptional.With planned renderings, there is the exciting possibility of adding a pool and deck to enhance your outdoor living experience. Additionally, the location is conveniently close to Lake Hollywood Park and Reservoir, as well as popular attractions such as the Hollywood Bowl Overlook and Griffith Observatory. Within minutes, you can also reach the vibrant heart of Hollywood Blvd, offering endless entertainment options. Not only does this property offer incredible views and a prime location, but it is also in close proximity to excellent schools, parks, shopping, and dining establishments. Take advantage of this amazing opportunity and start construction on your dream home today! Please note that the two lots are being sold together for one price. However, it is important to mention that the property does not currently have a ready-to-issue permit. The APN for 6454 is #5577-032-011. Seller hired an architect with plans to build a 6 bed 5 bath 6500 sqft home with an infinity pool, elevator and ADU! Please Note: 6310 Mirror Dr, a stunning property new build with 6 bedrooms, 8 bathrooms, and 6,300 square feet, was sold on March 9, 2023, for an impressive price of $5.9 million. Although this property does not offer a view, it boasts luxurious features and ample living space.Another notable property is located at 2832 Durand Dr. This property underwent a remodel and was sold in February 2022 for $5.850 million. Currently, there are two active comp listings in the area, priced at $5 million and $5.8 million respectively. These listings present an exciting opportunity for new builds in this desirable neighborhood.
We are pleased to present for sale a redevelopment opportunity located at 9413 S Main St., Los Angeles, CA 90003. The property consists of 19,109 SF of CM-1-CPIO Tier 1 ED1 Eligible land on a corner lot that is backed by a 20 foot wide alley. With 147 feet by 130 feet of land, and direct access to an alley, a future building design has room for creativity, especially with the option to limit or eliminate all parking by use of AB 2097 - Main St. features a few Bus Lines along with the Vermont/Main DASH line for future tenants! Build 39+/- Units by TOC or DB, or focus exclusively on Affordable Housing and build 100+ Units on site! The property is in need of a little love and care, but it will be delivered vacant at the close of Escrow.
Rare Opportunity for Developers and Investors! This 'King of the Hill' lot, situated on one of the highest streets in Highland Park, comes with a comprehensive package. The listed price encompasses detailed architectural and engineering plans crafted by Wyota Workshop, renowned for state-of-the-art designs that prioritize warm modernism and sustainable luxury.This exceptional offer includes a complete set of plans for constructing a true architectural home, boasting over 4,480 sqft of space along with an infinity edge pool and spa. The groundwork has already commenced, featuring a new sewer line, completed surveys, soil tests, engineering work, and planning. Don't miss out on this extraordinary chance to bring a unique vision to life in a prime location.
APN: 5307-003-030. Approx 7,508 SF lot. Zoning LARE20. Great opportunity to build your dream home at Elephant Hill in the lovely neighborhood of El Sereno with gorgeous mountain and city views! Vacant raw land just minutes away from Downtown LA. Please check with city of Los Angeles Building and Safety for specific questions and details. No reports or surveys available. All utilities are nearby. Lots like this don't last long in this market! Buyer to verify all information and rely on their own investigations. Sold AS IS; WHERE IS. Drive by and MAKE OFFER.
APN: 5306-017-010. Approx 7,584 SF lot. Zoning LARE20. Great opportunity to build your dream home at Elephant Hill in the lovely neighborhood of El Sereno with gorgeous mountain and city views! Vacant raw land just minutes away from Downtown LA. Please check with city of Los Angeles Building and Safety for specific questions and details. No reports or surveys available. All utilities are nearby. Lots like this don't last long in this market! Buyer to verify all information and rely on their own investigations. Sold AS IS; WHERE IS. Drive by and MAKE OFFER.
APN: 5306-016-055. Approx 7,590 SF lot. Zoning LARE20. Great opportunity to build your dream home at Elephant Hill in the lovely neighborhood of El Sereno with gorgeous mountain and city views! Vacant raw land just minutes away from Downtown LA. Please check with city of Los Angeles Building and Safety for specific questions and details. No reports or surveys available. All utilities are nearby. Lots like this don't last long in this market! Buyer to verify all information and rely on their own investigations. Sold AS IS; WHERE IS. Drive by and MAKE OFFER.
RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P.A.R.C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6,601.8 buildable sq. ft. at market rates or up to 20 residential units / 13,203.6 buildable sq. ft. with max bonus. In addition, the new zoning allows for the option of mixed-use development with no restriction on building height and the number of residential units will still remain up to 11 market rate units or up to 20 units with max bonus!
Excellent development opportunity for a multi-family building. Zoned R4 in a transit priority area and state enterprise zone, this 12,000 plus square foot double lot with alley access may be the perfect fit for your urban in-fill project.
Exciting Development Opportunity in City Terrace - Three Adjacent Hillside Lots with Spectacular Views, Totaling 29,127 sqft! We present an extraordinary investment proposition tailored for developers and investors seeking a remarkable opportunity. Nestled in City Terrace, this offering comprises three contiguous lots with a combined area of 29,127 sqft. Perched on a hillside, the location offers breathtaking 180-degree views of the surrounding University hills and the prestigious CSULA (Cal State University Los Angeles). The potential for this property knows no bounds, allowing for a multitude of possibilities. With its proximity to CSULA, there exists the exciting prospect of developing student housing to cater to the university's growing population. Alternatively, the site holds great promise for residential development, making it an attractive venture for those seeking to create a vibrant community. These exceptional lots provide a canvas upon which visionary developers and investors can leave their mark. Capture the attention of those who value both natural beauty and strategic location, and seize the opportunity to shape the future of this remarkable locale. For more information and to explore this incredible development opportunity, please contact us. Together, let's transform possibilities into reality. Potential Buyers to verify any restriction and city ordinances regarding redevelopment and/or improvement to there satisfaction.
4 separate APN numbers totaling 27,060 sq. ft. 5585-001-006 = 6,830 Sq ft.; 5585-001-019=7,300 Sq. ft.; 5585-001-020= 6,380 Sq. ft., and 5585-001-021=6,550 Sq. ft. Ideal for long term investment or development. Excellent opportunity to acquire four raw lots on undeveloped road. Lovely views of the canyon and city. Can add privacy to any existing homes in the immediate vicinity.
Excellent opportunity to develop a large construction project on a strategically located lot. It has an excellent view. very close to the 10Fwy and the city of Los Angeles, its commercial and tourist area as well as universities and colleges for the occupants of future projects that are developed. Standard Sale.
SCREAMING DEAL! Income of $3,200 for commercial use of the lot for storage purposes PLUS an additional $2,000 for the lease of a sign at the corner of the lot totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. Almost a 9% cap rate based upon gross income with zero maintenance and management expenses! The sign lease is on a month to month basis and can be increased or terminated at any time. Seller states that the sign has been there for years and likely the lessee would desire to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. Lease of the lot terminates on June 30, 2024 but the ownership states they believe the tenant would prefer to renew at expiration. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing home on the site that could be rebuilt/remodeled with additional commercial and/or residential improvements. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Seller may be able to furnish renderings for a 6-unit development allowed by right upon approval of the architect for its release and dissemination. Architect may be available to be hired to continue with the approval process for the proposed development. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, one now on a month to month basis, may be furnished upon request. Because it is being sold for land value only, an interior view of the house will only be allowed upon an accepted offer and only if deemed necessary and requested by the buyer because the house is considered to be a tear-down only. Because it is being sold for land value only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.
We are proud to exclusively present for sale a designer Construction Project in Echo Park, two blocks to the Echo Park Lake! Meticulously designed to be the stand-out of the area, this 47 Unit + 5 ADU Potential Project will have the bells and whistles that demanding tenants expect from a Class A design! With a high barrier to entry and rents close to $6 PSF, this is a great pocket to build in! With a planned Recreation Room, a Co-Working Room, a Leasing Office, a Bike Room and comfortable lobby, none of these rooms would be taken to convert the additional space to Accessory Dwelling Units; each floor has a "Community Room" that is planned for a potential ADU conversion. The design calls for every unit (except for the future ADUs) to have their own balcony or private patio, along with communal access to the fifth floor open space that will have an indoor lounge with bathroom. The Project will consist of mostly 1+1s, with eight 2+2s and one 3+2. All ADUs will be 1+1s. 5 units will be reserved for Extremely Low Income. The Project, so far, includes two levels of subterranean parking, and AB 2097 allows for the elimination of part or all parking levels to streamline construction and bring in the Project with significant savings. The property is in a tremendously pedestrian-friendly location; Walk Score calls the area a Walker's Paradise! With Vons, Lassens and the coming Sprouts Market a very short distance away, most day-to-day needs can be accomplished on foot. The Metro Subway Station is a short 30 minute walk, but the area is surrounded by buses and with very easy access to the 101 and 110 freeways. Come to Prime Echo Park, the center of a dining, nightlife, shopping and hospitality enclave that young professionals are looking for! Purchase this Project with 801 Alvarado St., a 55 Unit Project a block away.
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