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$ 525,000
Est. payment | /mo
2,559 Sqft Lot
$ 525,000
Est. payment | /mo
2,559 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24241158
HOA Y/N No
Lot Size 2,559 Sqft
Acres 0.06
Property Description
Vacant Lot for Sale in Los Angeles – A Rare Gem with Multi-Residential Potential! Discover an unparalleled opportunity in the heart of Los Angeles! This prime vacant lot offers the potential to build multi-residential units, making it an exceptional find in a city where vacant land is increasingly scarce. The lot is zoned R-3, an easily accessible corner lot ,and it’s also TOC TIER 1 Eligible for higher density building incentives. Current renter utilizes lot for car storage. Tenant can vacate or new owner can receive rental income while permits and building entitlements are approved. Situated in a sought-after area, this lot is perfect for developers or investors looking to maximize their ROI in a thriving real estate market. With zoning that supports multi-residential construction, you can bring your vision to life, creating housing that aligns with the city's growing demand for quality living spaces.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, Electricity Connected, Natural Gas Connected, Sewer On Site, Telephone
View Y/N false
View None
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID 6030006032
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Venus Martinez • Redfin Corporation
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com