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Gary & Colleen Wolfson
(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@bhhscal.com

DRE# 01044223
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Gary & Colleen Wolfson
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(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@
bhhscal.com

DRE# 01044223
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(858) 792-6085
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Lakewood CA Real Estate & Land For Sale

1,057 Properties Found


Showing Homes Nearby Lakewood, CA

$430,000

2503 E 58th Street Huntington Park, CA 90255

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DW24057971
Type:
Land
Lot size:
0.09 Acres
Listing Agent: Oscar Barragan CalDRE: 01770577 - TNG Real Estate Consultants, 562-237-8036 Oscar Barragan CalDRE: 01770577
View additional info

Come and take a look at this industrial land! This land is on a corner lot. This land offers opportunity for many uses and is very close to Slauson Ave. This lot is fenced off with two entries on both sides of the streets. The lot also features a tall covered area.

$1,699,000

15181 Jackson Street Midway City, CA 92655

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
OC24105501
Type:
Land
Subdivision:
,Midway City
Lot size:
0.21 Acres
Listing Agent: Tim Castroreale CalDRE: 01195494 - Coldwell Banker Realty, 714-336-3755 Tim Castroreale CalDRE: 01195494
View additional info

****THIS AREA IS CURRENTLY IN THE PROCESS OF BEING REZONED FROM COMMERECIAL (C2) TO MIXED USE ZONING...PER THE PLANNER AT THE COUNTY OF ORANGE, THE RE-ZONING SHOULD BE FINALIZED SOME TIME IN AUGUST 2024. IF APPROVED UP TO 7 UNITS WILL BE ABLE TO BE BUILT ON THIS PROPERTY OR 14 AFFORTABLE ICOME UNITS....PLEASE CALL YURITZY RANDLE @ 714-667-8816 TO VERIFY ANY AND ALL REZONING QUESTIONS. Unique Property With a Huge Lot Over 9,000 SqFt** The Interior Of The Front House Was converted Into An Office Space and/or Showroom (No Bedrooms). Both Units Have Recently Been Extensively Remodeled...The estimated Rent For Each Unit Is Approx. $2,900 per Month...FRONT Unit Has 2 bathrooms (1 Bathroom is Handicap), An Office And large Show Room. Also Has A New Roof, New Stucco, New Electrical Wiring Throughout & 200 amp Panel, Ductless Heater & AC, All New Copper Plumbing, Tankless Hot Water Heater, New Windows, New Doors, Double Door Entry In Front And Back, New Flooring & Paint....REAR UNIT Has A New 200 amp Electrical Panel, Central Heating & AC, Dual Pane Windows, New Doors, New Flooring, New Paint, New Kitchen & Bathroom. This Property Has So Many Possibilities.

$120,000

138 Lot Norwalk Drive Madera, CA 93638

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
MD24118250
Type:
Land
Lot size:
2.16 Acres
Listing Agent: Alex Salazar CalDRE: 01723956 - Remax Gold, 559-232-5668 Alex Salazar CalDRE: 01723956
View additional info

Excellent lot ideal for your future custom home. Located on a cul-de-sac street. Call today for more information.

$825,000

25333 Oak Street Lomita, CA 90717

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PV24033278
Type:
Land
Lot size:
0.16 Acres
Listing Agent: Richard Woo CalDRE: 00941369 - Richard Woo, Broker, 14243501777 Richard Woo CalDRE: 00941369
View additional info

PLAN IS IN THE CITY FOR SINGLE HOUSE FOUR BEDROOMS TWO & THREE QUATER BATHS 3000 S/F. 1000 S/F ADU THREE BEDROOMS & TWO BATH. BUT HAS NOT APROVED BY THE CITY.

$750,000

2114 253rd Place Lomita, CA 90717

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PV23168741
Type:
Land
Lot size:
0.16 Acres
Listing Agent: Richard Woo CalDRE: 00941369 - Richard Woo, Broker, 14243501777 Richard Woo CalDRE: 00941369
View additional info

$1,825,000

15222 Jackson Street Midway City, CA 92655

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
OC24110399
Type:
Land
Subdivision:
,Midway City
Lot size:
0.3 Acres
Listing Agent: Tim Castroreale CalDRE: 01195494 - Coldwell Banker Realty, 714-336-3755 Tim Castroreale CalDRE: 01195494
View additional info

****THIS AREA IS CURRENTLY IN THE PROCESS OF BEING REZONED FROM COMMERECIAL (C2) TO MIXED USE ZONING...PER THE PLANNER AT THE COUNTY OF ORANGE, THE RE-ZONING SHOULD BE FINALIZED SOME TIME IN AUGUST 2024. IF APPROVED 9 - 14 MARKET RENT UNITS WILL BE ABLE TO BE BUILT ON THIS PROPERTY OR UP TO 21 AFFORTABLE INCOME UNITS....PLEASE CALL YURITZY RANDLE @ 714-667-8816 TO VERIFY ANY AND ALL REZONING QUESTIONS. This Property is on an Oversized Lot, currently being used as residence and a tow yard. Property includes an office, Storage areas and a 2 bedroom 1.5 bathroom unit which is being used as a residence. Flat fee water of $55 per month. Owner is currently renting the whole property to one party. Tenant is on a month to month agreement at $5,040. Great for Owner Operator business or a builder. This property is located in an Unincorporated area. This area is a Mixed Use area that consist of many different uses including Multi Family Units. Check with the County of Orange for the possibilities of what can be built. ***TO BE SOLD AS-IS***

$1,250,000

4134 S Carolina Pl #San Pedro, CA 90731 Unit San Pedro, San Pedro, CA 90731

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CV24043248
Type:
Land
Lot size:
0.14 Acres
Listing Agent: LEON THOMPSON CalDRE: 01942676 - EXP REALTY OF CALIFORNIA INC, 909-229-1714 LEON THOMPSON CalDRE: 01942676
View additional info

Zoned for single family home, located next to multi unit building and trail with waterfront view

$680,000

9811 S Vermont Avenue Los Angeles, CA 90044

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24387557
Type:
Land
Lot size:
0.11 Acres
Listing Agent: David Bond CalDRE: 00580597 - David Bond David Bond CalDRE: 00580597
View additional info

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, used by the same lessee, and the lessee desires 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 vacant home on the site but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. See the renderings for the proposed building and business. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Additional photos of another post office box business are included for visualization purposes. 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. The restrictive SB-8 may not apply due to the property being commercial. 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. 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, are included herein for reference. Because it is being sold for land value only and its income stream, 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 teardown. Also, because it is being sold for land value, sign, and its income stream 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.

$900,000

0 Cloister Drive La Habra Heights, CA 90603

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
OC24116252
Type:
Land
Lot size:
4.53 Acres
Listing Agent: Bryan Zuetel CalDRE: 01717685 - Esquire Real Estate, 949-421-7097 Bryan Zuetel CalDRE: 01717685
View additional info

Approximately 4.5 acres of prime, private, mostly flat land with some gentle slopes and views of the hills and canyons. This property has potential to be an incredible dream home and horse estate like the many similar properties around this secluded neighborhood in the hills of La Habra Heights. Check with City of La Habra Heights for further information on building and zoning of property.

$2,300,000

2506 E 54th Street Huntington Park, CA 90255

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DW24112142
Type:
Land
Lot size:
0.45 Acres
Listing Agent: Albert Arana CalDRE: 00710950 - VIP Real Estate Firm, 323-697-6032 Albert Arana CalDRE: 00710950
View additional info

$275,000

12209 Honolulu Terrace Whittier, CA 90601

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DW23161034
Type:
Land
Lot size:
0.13 Acres
Listing Agent: Remoun Said CalDRE: 01427142 - Keller Williams Pacific Estates La Mirada, 562-762-8581 Remoun Said CalDRE: 01427142
View additional info

This is an amazing opportunity to build your modern dream home in Whittier with beautiful city views that span from Downtown Los Angeles to Anaheim with Catalina Island in the distance on a clear day! This parcel features plans for a 2-story single family residence with two finished covered patios and attached 2-car garage. The parcel has an RTI (Ready-to-Issue) permit for a modern 3 bedrooms, 2.5 bathrooms, 2,236 Sq. Ft. of living space, and 200 Sq. Ft. of covered patio. The Structural Plans are highlighted by a Master Suite that is complete with a large shower with dual shower heads which overlook its own private garden, soaking tub with city views, walk-in closet, separate Master Retreat, and direct access to the spacious balcony to enjoy the beautiful views. The proposed second floor also features the other two bedrooms with balcony access, and a central laundry room. The first floor Structural Plans also include a spacious living room with an open concept into the kitchen, separate family room to enjoy dinners, and the balcony that is completed by a built-in grill to entertain plenty of friends and family! The architectural firm for these plans is top tier with multiple awards and have been featured on Dwell magazine. Sale of the parcel includes the following: 1) All Architectural and Structural plans. 2) Soil report and soil engineering. 3) Surveyor Report. 4) T24 (Energy Calc). 5) Street dedication. 6) Grading & Soils Report.

$8,000,000

2352 Lomita Lomita, CA 90717

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PW24065579
Type:
Land
Lot size:
1.1 Acres
Listing Agent: Jong Lee CalDRE: 01876601 - Bow Tie Realty & Investment, 310-381-9905 Jong Lee CalDRE: 01876601
View additional info

Attention Developers!! 1.1acre land is on Lomita Blvd., in the city of Lomita with approximately 290 feet of frontage. Zoning LOCG or mixed use (check with the city). This property is ideal for development. This land is about1.1 acres and currently has 8-unit apartment (4 units of which are vacant), and a retail lawn mower shop with an adjoining X-space parking lot. The existing buildings can be rented for income as-is,or redevelopment.This may be great opportunity to develop both commercial and residential projects. It is close to Torrance Municipal Airport, Crossroad Shopping Center and Torrance Memorial Medical Hospital. There are 5 APN#s, 7376-011-007,008,018,019,032. Currently, there is $7,170 rental income from apartment.Lawn mower shop would be vacated at the end of escrow.

$599,900

710 E Florence Avenue Los Angeles, CA 90001

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DW24088759
Type:
Land
Lot size:
0.09 Acres
Listing Agent: Jose Castaneda CalDRE: 01751082 - Century 21 Realty Masters, 626-216-8124 Jose Castaneda CalDRE: 01751082
View additional info

Vacant Lot perfect for some one who wants to build & run He's own business or can be rented as parking lot on a very busy street, in Florence Ave. Between Mckinley Ave & Stanford Ave, Zoning LACM.. Lot has been used as a parking for cars dealership .

$750,000

27 Scenic Drive Whittier, CA 90601

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23304073
Type:
Land
Lot size:
0.38 Acres
Listing Agent: Alison Isaacman CalDRE: 02042956 - Coldwell Banker Realty Alison Isaacman CalDRE: 02042956
View additional info

One of the best view lot locations in the City of Whittier on Rose Hills. Rare developer's opportunity to build a dream home from the ground up. Conveniently located near dining and shopping establishments. Rare to find 3 side-by-side lots being sold together for a combined total sq ft of about 16,532 sq ft (1/3 acre). The 3 APNs of the 3 lots are: 8126-006-001; 8126-006-002 & 8126-006-003. Street addresses are: 27, 28, & 29 Scenic Dr. Enjoy the amazing city views from atop peaceful Scenic Dr. Please go direct to view the property. Submit all offers. THIS PROPERTY IS A VACANT LOT.

$9,000

27501 South Western Avenue Rancho Palos Verdes, CA 90275

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
SW24114823
Type:
Land
Listing Agent: Elsa Gagetta CalDRE: 00623337 - Canyon Country Properties, 951-454-1155 Elsa Gagetta CalDRE: 00623337
View additional info

Single cemetery plot in the PRIME OCEAN VIEW location in the beautiful Bay View Drive area of THE GREEN HILLS MEMORIAL PARK in Palos Verdes. The location of this Plot is Plot 632, Space G with tandem capability. Beautiful resting place for your loved one.

$2,999,000

5300 Workman Mill Road Whittier, CA 90601

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CV24066579
Type:
Land
Lot size:
12.09 Acres
Listing Agent: Joe Napoli CalDRE: 01279689 - RE/MAX INNOVATIONS, 626-825-4863 Joe Napoli CalDRE: 01279689
View additional info

DON'T MISS THIS GREAT OPPORTUNITY TO OWN The Canyon! This 12 +/- acre property in Whittier is located at the top of Sierra Morena Drive and has property has approximately 545 feet of frontage on Tierra Antigua Drive and another 235 feet of frontage on Circle Drive! The Canyon can be a very special place for it's new owners since it boasts views from The Ocean to The San Gabriel Mountains!The property could be developed into custom or semi-custom homes with spacious lots in a desirable area of Whittier. Whether you develop the property for resale or as a private compound with The Canyon's location you will have a relative ease of access to utilities and services. I invite you to some and see for yourself the opportunities that await at The Canyon for you!

$1,050,000

10042 Crosby Avenue Garden Grove, CA 92843

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
PW24118420
Type:
Land
Subdivision:
,Ocean Park
Lot size:
0.16 Acres
Listing Agent: Victoria Carter CalDRE: 01411657 - Jack Rosemary, Broker, 714-585-7799 Victoria Carter CalDRE: 01411657
View additional info

LOOKING FOR LAND TO BUILD UNITS FOR INCOME? EASIER TO FINANCE THIS ONE! This R-2 LOT already has a newly refurbished home on it! Large lot offers room to build two more homes! That's 3-UNITS TOTAL! (Buyer to verify with the City of Garden Grove) 7,125 Sq Ft Lot with plenty of space in the back yard to build a large home and a Junior ADU. The existing house is TRULY LIKE A NEW HOME. Brand New Kitchen & Baths, Windows & Doors! Almost everything is remodeled or upgraded. Built-in cabinets and dressers, a laundry closet in the hall. Doors are custom and the hardware is very high-quality. Seller will pay for your new flooring and new appliances or you can take a $$ credit for both. Generate rental income or live in the front home while you build a home and a Junior ADU in the back. Lot is 50 feet X 142.50 feet with spacious parking in the front and plenty of room to build in the back yard. The long driveway is great for extra parking or an RV or boat. Lots of space on the side yard for access to the back homes or for storage. Come see this home and discover all the possibilities! Only 1-minute from Garden Grove Blvd or the 22-Freeway.NOTE: The backyard may extend a few more feet behind the back fence. It's spacious!

$1,050,000

10042 Crosby Garden Grove, CA 92843

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
PW24117552
Type:
Land
Subdivision:
,Ocean Ave Park
Lot size:
0.16 Acres
Listing Agent: Jack Rosemary CalDRE: 00858902 - Jack Rosemary, Broker, 949-289-5263 Jack Rosemary CalDRE: 00858902
View additional info

LOOKING FOR LAND TO BUILD UNITS FOR INCOME? This one offers EASIER FINANCING! This R-2 LOT already has a newly refurbished home on it! Large lot offers room to build two more homes! That's 3-UNITS TOTAL! (Buyer to verify with the City of Garden Grove) 7,125 Sq Ft Lot with plenty of space in the back yard to build a large home and a Junior ADU. The existing house is TRULY LIKE A NEW HOME. Brand New Kitchen & Baths, Windows & Doors! Almost everything is remodeled or upgraded. Built-in cabinets and dressers, a laundry closet in the hall. Doors are custom and the hardware is very high-quality. Seller will pay for your new flooring and new appliances or you can take a $$ credit for both. Generate rental income or live in the front home while you build a home and a Junior ADU in the back. Lot is 50 feet X 142.50 feet with spacious parking in the front and plenty of room to build in the back yard. The long driveway is great for extra parking or an RV or boat. Lots of space on the side yard for access to the back homes or for storage. Come see this home and discover all the possibilities! Only 1-minute from Garden Grove Blvd or the 22-Freeway.NOTE: The backyard may extend a few more feet behind the back fence. It's spacious!

$384,000

282 W 11th Street San Pedro, CA 90731

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SB24053025
Type:
Land
Lot size:
0.16 Acres
Listing Agent: Mistydawn Jones - BerkshireHathaway HomeServices, 310-993-7101 Mistydawn Jones
View additional info

Fantastic location! Blocks to access the South Bay, Long Beach and the docks! Great R2 lot perfect for an investor. Lot needs to be sold with 1020 Centre St., 10 units next door! Call for details.

$3,960,000

320 S Monte Vista Street La Habra, CA 90631

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PW23157999
Type:
Land
Lot size:
1.01 Acres
Listing Agent: Vinh Pham CalDRE: 02054997 - NRI Group, 714-787-7993 Vinh Pham CalDRE: 02054997
View additional info

Fully Entitled & RTI 36-Unit Apartment Building On An Acre Lot. Building Permits Have Already Been Paid For & Are Issued. There are 20 enclosed garage parking spaces and 50 uncovered parking spaces.Unit Mix:(10) 3-Bed/2-Bath (12) 2-Bed/2-Bath(8) 1-1Bed/1-Bath(4) 2-Bed/1-Bath ADU's(2) 1-Bed/1-Bath ADU's

$875,000

501 W Lambert Road La Habra, CA 90631

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
WS24058767
Type:
Land
Subdivision:
La Habra Heights Estates (LHTE)
Lot size:
0.39 Acres
Listing Agent: IKE YOON CalDRE: 01351625 - UNITED CENTRAL INVESTMENTS, 626-255-4561 IKE YOON CalDRE: 01351625
View additional info

***ATTENTION INVESTORS*** Small home on a large corner lot. Property is Zoned currently as "Light Manufacturing

$2,275,000

8100 S Figueroa Street Los Angeles, CA 90003

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24362715
Type:
Land
Lot size:
0.2 Acres
Listing Agent: Jordan Petito CalDRE: 02023714 - Keller Williams Beverly Hills Jordan Petito CalDRE: 02023714
View additional info

Partners CRE is thrilled to present an exceptional development opportunity at 8100 S Figueroa Street, Los Angeles, CA 90003. This property features a unique Ready-to- Issue 30 Unit, 100% Affordable Housing Project in South LA on Figueroa! The design is mostly stacked and features a great unit mix with 27, one bedrooms and 3, two bedrooms. The metro 81 bus line travels on Figueroa north and south from Harbor Freeway through DTLA up to Eagle Rock Plaza. The property is conveniently situated within close distance to local amenities and public transportation options, this property holds immense potential for developers looking for an RTI development.

$1,725,000

3239 Rosecrans Avenue Hawthorne, CA 90250

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
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
View additional info

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

$5,900,000

10641 Garden Grove Boulevard Garden Grove, CA 92843

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PW24069063
Type:
Land
Subdivision:
,Other
Lot size:
0.69 Acres
Listing Agent: Brian Tran CalDRE: 01031996 - HPT Realty, 714-501-1770 Brian Tran CalDRE: 01031996
View additional info

Beautiful vacant lands are located centrally in the booming City of Garden Grove * The property includes 2 parcels: APN 08909229 & APN 08909206 with 29,983 sqft of land * It is facing to Garden Grove Blvd. & Pearl St which is highly exposed to local traffic and increasing a business potential * The sales price includes all City approval permits, documents & drawings for construction 4 story building where First Floor is for commercial retails; Second Floor is for commercial office; Third & Fourth Floors are for 10 mixed Residential Live & Work Units! Total building area is 43,793 sqft; 30 parking spaces, 2 elevators...* Artful designed project is approved * All City fees were paid; all permits were pulled: and it is ready for a construction! * A great opportunity for developers, contractors, investors...to take advantage of this rare project! Walking distance to Home Depot, Main Street History Downtown, Costco center; just about 5 minute driving to 22 freeway & 15 minute to 405 freeway!

$3,200,000

843 W 82nd Street Los Angeles, CA 90044

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24358681
Type:
Land
Lot size:
0.21 Acres
Listing Agent: Neema Ahadian CalDRE: 01346750 - Marcus & Millichap Neema Ahadian CalDRE: 01346750
View additional info

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.

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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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