Leimert Park CA Real Estate & Land For Sale

LOCATION! LOCATION! LOCATION! Excellent location for a developer. A great opportunity to buy and build 32 multi-family units. R4 zoning allowing for the potential for many different uses. TOC Tier 3 designation for additional density of allowed number of units. Conveniently located near downtown Los Angeles and Koreatown. Easy to access and near major thoroughfare Olympic Blvd. This single family home is approximately 3,314 SF with approximately 7,225 SF of land in a corner lot with alley access. The listing agent does not guarantee the accuracy of square footage, lot size, bedroom & bathroom count, permits, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

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

Introducing an exceptional opportunity, RTI, Ready-to-Issue 19-Unit non-rent-controlled development in the heart of Koreatown. Strategically positioned in close proximity to the Wilshire/Western Metro Subway Station, this development is surrounded by the vibrant neighborhoods of Koreatown, Silver Lake, Hollywood, and Downtown. This exquisitely designed 5-story construction project, inclusive of a one-level basement parking garage, is a testament to thoughtful planning and contemporary aesthetics. Comprising seventeen 2-bedroom & 2-bathroom units and two 3-bedroom & 2-bathroom units, the development offers a harmonious blend of functionality and sophistication. With a generous rentable/living area spanning approximately 15,400 square feet, the apartments vary in size from 728 to 1,110 square feet, providing a diverse range of living options to cater to various preferences. The building also boasts 22 parking spaces, ensuring convenience for residents. Moreover, this project is committed to fostering inclusivity by incorporating 1 Extremely Low-Income unit and 2 Very Low-Income units, contributing to the community's diverse housing needs. Embrace the prospect of investing in a development that not only exemplifies architectural excellence but also aligns with a vision of creating a socially responsible living space in one of Los Angeles' most dynamic neighborhoods.

Unveiling a remarkable investment opportunity in the prime Inglewood area. This property features a generous 10,965 square foot lot. With ample space, it's versatile land that can accommodate a range of business or investment ventures. Situated in close proximity to the new Clippers arena, this location presents a strategic advantage for potential investors, making it an opportunity with endless potential. Also nearby is SoFi Stadium, Kia Forum, and a plethora of shopping, dining, and entertainment options. Don't miss your chance to explore the possibilities of this prime Inglewood property. Contact us today for more information and to schedule a viewing.

This vacant lot in Inglewood is a prime piece of real estate located in close proximity to the SOFI & Intuit stadiums & Forum, making it an ideal investment opportunity for sports enthusiasts and developers alike. The lot spans an impressive 18,887 square feet, offering ample space for a wide range of commercial development possibilities. The lot benefits from easy access to local highways and major thoroughfares, providing convenient transportation options for future residents or customers. One of the most exciting aspects of this vacant lot is its location in Inglewood, an up-and-coming neighborhood that has seen significant growth and development in recent years. From trendy restaurants and shops to exciting entertainment venues, there's no shortage of attractions in the area to appeal to potential buyers. Overall, this vacant lot for sale in Inglewood represents an exceptional investment opportunity, with its generous size and prime location close to the stadiums making it a highly desirable piece of real estate. Zoning limitations apply.

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 .

SELLERS ARE MOTIVATED!! This Towne Avenue Land Lot is being "SOLD-AS" in it's entirety without any further warranties and/or guarantees of any kind. Real Estate Agent(sl/Brokers and your buyer(s) are to do their own due diligence and their investigation of All City/County Building & Safety Regulations And Law pertaining to this property status, square footages, etc., of this vacant land lot, with no responsibility of the owners or their real estate agent(s)/Broker(s). Escrow could be extended due to trust clarification process. **THIS LOT IS RIGHT NEXT TO 8021 TOWNE AVENUE, LOS ANGELES, CA, MLS# 24-378467, WHICH IS ALSO FOR SALE TOO** AND 7908 TOWNE AVENUE, LOS ANGELES, CA MLS# 24-344647 IS ALSO FOR SALE. "Do Not Walk Onto The Property Or Disturb The Occupants, next door at all, Because They Are Not Tenants"! Sellers have selection of all services. Thank You All For Your Interest & Have An Excellent Day!

Proud to present this well located, unique opportunity minutes away from the Dodger Stadium, Koreatown and Echo Park. This property is currently a church with an alley access way, ready to be redeveloped or remodeled into anything you can dream up! The lot is zoned R4-1 and TOC Tier 3 and will be sold in as-is condition.

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.

Ultra Efficient RTI Development Site in City West. The Plaza Apartments @ City West, a 60-unit multifamily development opportunity in the Downtown Los Angeles submarket. The project is permit-ready and will be delivered with all reports, plans and approvals to the selected Buyer. Designed with area demand and cost consideration paramount, the project is extremely efficient with an average unit size of approximately 582 square feet and no subterranean parking. The project has been subjected to rigorous underwriting and is conceptualized with an intimate understanding of the market by seasoned local experts. Construction is 7-story type III-A with at- and above-grade parking and approximately 36,000sf of rentable area. A unit mix skewed towards studios and 1-bedrooms meets local demand head-on catering to young professionals and small families looking to live as close to Downtown Los Angeles as possible.

SB9 Lot split. Vacant, flat buildable lot. No demo needed. No parking required. Zoned for up to two units (R1 but allows an SFR or duplex.) Canbuild 2X800 sqft units. Ministerial approval (No hearings required)

THIS LISTING IS FIVE LOTS OF APPROXIMATELY 18,182 SQUARE FEET.. THE PROJECT MUST BE SOLD TOGETHER. THE FIVE LOTS HAVE BEEN COMBINED INTO THREE ADDRESSES, 1044, 1046 AND 1054 SOUTH ROBERTSON. LOTS 2 AND 3 HAVE BEEN TIED TOGETHER, LOTS 4 AND 5 HAVE BEEN TIED TOGETHER AND LOT 6 T 1054 SOUTH ROBERTSON IS SEPARATE BUT PART OF THE WHOLE PACKAGE. THE THE LOCATION ON ROBERTSON IS PRIME AND IS ONLY A BLOCK FROM BEVERLY HILLS BORDER. THIS IS A ONCE IN A LIFETIME OPPORTUNITY TO BUILD RESIDENCES, MIXED USE AND MANY OTHER FACILITIES. THERE IS AN ALLEY BEHIND THE PROPERTY . 1054 ROBERTSON IS ZONED QC2 and the OTHER FOUR LOTS ARE ZONED C1. FABULOUS RE DEVELOPMENT PROPERTY

Sold for land value only making it a great deal plus an opportunity to own a rare and vacant church. Remodel it for use or repurpose it as desired. Rent it during entitlement. With new codes, the property affords an opportunity for redevelopment to a residential income property with tremendous residential density bonuses. R-4 zoning plus the best TOC Tier 1 benefits, low income housing bonuses, and ADU laws, would allow for an excellent opportunity to build a large multi-family residential project. With both street frontage and alley access along the whole side of the property, makes it more conducive for various development choices and opportunities. Perhaps a 12 unit condo project with 12 separate private tandem 2 car garages with access along the alley? Check with the city and your architect and explore the myriad of opportunities this great property offers and for all the details related to redeveloping it to its highest and best use with the greatest density allowable with all bonuses and things considered. A new law, signed by Gov. Gavin Newsom, rezones land owned by religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. See SB 4. Extraordinary opportunity for a scarce, unique, and desirable property along a major thoroughfare for a very high density development. Sold in its present "as is" condition. 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. Property will be delivered tenant free at close of escrow. Because it is being sold for land value only, go directly to the property at any time and view it from the street and alley. Do not enter the property or disturb the tenant. Interior of property will be shown only with proof of funds provided along with loan pre-approval letter or letter of credit if financing is needed. If being purchased for church purposes, the buyer must have adequate funds/financing for both purchase and rehab.

Presented for sale is a centrally located prime R4-1 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives such as unlimited density & height increase bonus, zero parking requirements, 100% increase of base FAR ratio, streamlined and faster ministerial approval process and many more. This lot boasts central location minutes to Hollywood, Silver Lake, Downtown LA or Korea Town with a WalkScore of 92/100 - walker's paradise. The neighborhood has a lot of nearby conveniences, stores and restaurants. It is close to public transportation and major freeway access. Property is also located inside the Opportunity Zone, which can give major tax incentives to the right developer. Current structure is a 3-unit building which will be delivered vacant. No eviction, relocation assistance or SB8 replacement of protected units/tenants necessary. This is not to be missed! Contact listing agent today!

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.

Desirable vacant residential development site opportunity. Spacious corner lot on Wilton and Beverly Boulevard. Lot/Parcel calculated to 6,939.2 ft. Zone R3-1 with general plan land use for medium residential.

REDUCED! 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.

The subject property is a 1,635 SF home on a flat 7,499 SF lot. The zoning is LAR3 - Tier 3 TOC. Located just 0.2 Miles away from the Metro Red Line Station at Beverly and Vermont, tenants can benefit from the great location and numerous eateries nearby. The ownership has conceptual and architectural plans to build 19units. Ofthe 19 proposed units (17 units plus 2 ADU's), ten are to be 2 bedroom / 2 bathroom units and nine are tobe 1 bedroom / 1 bathroom units. Alternatively take advantage ofthe ED-1 eligibility and build 21 low income housing units (17 units plus 4 ADU's) with no parking required and save considerable amount of time and construction costs.A savvy investor can also take advantage of the Red Line, focus on an Affordable Housing Project and forgo all parking requirements for the highest and best use of this land and potentially build 21 units. Property currently has a Family Child Care tenant that is paying $5,407.50 per month ($64,890 year) and the term is set to expire at the end of March 2025. Benefit from the income producing tenant while going forward with the planning and development process. As a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. The asset's location along with the development incentives are an excellent acquisition for a developer or long term investor.

643 N Rossmore Ave, a prime vacant lot in the prestigious Hancock Park & Larchmont Village area of Los Angeles. Spanning 6,459 square feet and zonedR4-2 within a Tier 1 Transit Oriented Community (TOC), thisproperty stands out as an ideal site for multifamily development.Developers have the potential to construct 16 units by-right, withthe option to expand to 26 units by leveraging TOC incentives.Preliminary plans are already in place for a 25-unit, six-storyapartment complex totaling 18,641 square feet. The proposedproject includes 23 one-bedroom units ranging from 513 to 590square feet and two three-bedroom units between 840 to 850square feet. Additionally, the plans provides for subterranean andground level parking with a total of 18 spaces.This property is not only situated in a prime location just south ofMelrose Ave, but it also boasts a high walk score of 93. It's a shortdistance from the Wilshire Country Club, Los Angeles Tennis Club,and the Marlborough School, and a varietyof retail amenities along N Larchmont Blvd. Paramount Studios isalso just half a mile away. The neighborhood's strong demographicsare highlighted by an average household income of $91,486 within a5-mile radius and a median home value of over $1 million within twomiles, making it an attractive area for residential development.The central location offers easy commutes throughout Los Angeles,including Hollywood, West Hollywood, Beverly Hills, Los Feliz, andLa Brea. This vacant lot presents a unique opportunity for developersseeking a project with significant density potential, in a sought-afterlocation, without the need for relocation.

Seller has permits RTI for 18 market rate units however this vacant lot has ED1 development potential for up to 60 units! Lot Dimensions are approximately 95 X 100 SF (2) 20 Foot Ally. Irreplaceable Prime West LA location!

ATTENTION: DEVELOPERS AND INVESTORS! Location, Location and Location! First time on the market in 32 years! Property zoned C2-1 with an 8,150 sq ft lot. Great potential to add 2 additional ADU or redevelop the property. Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) eligible. A true golden opportunity to redevelop in one of the fastest growing and highly desirable neighborhoods. Located in the Westlake/Echo Park/Downtown area! This property is located near mass transit, coffee houses, restaurants, bars, museums, theatres, galleries, parks and everything else that L.A. has to offer. Stunning City and DTLA skyline views buyer to do their due diligence prior to submitting offer. For marketing package requests email listing agent.

Priced Reduced! Motivated Seller! SB8 Clearance, Phase 1 report, and a land survey are available upon request. First time on the open market in almost 40 years! This development opportunity features 6,467 SF of land with alley access, in sought after Westlake just South of Beverly Blvd. The property will be delivered fully vacant with SB8 excluded and no relocation of tenants necessary. This investment presents a developer the opportunity to purchase land in the coveted Silverlake Adjacent, located steps from Echo Park. The parcel is zoned R3-1 and located in a Transit Oriented Community Tier 1, allowing a developer to build up to ~9 large units at a low price per sf of $139. Additionally, the Los Angeles Transit Oriented Density bonus can be used to build up to ~14 units. The subject property is centrally located within the heart of Westlake and Filipinotown. This parcel is a hidden gem in a gentrifying area surrounded by new developments. This site is located with close proximity to food destinations, bars, coffee shops, retail stores as well as Downtown LA, Silverlake, and K-Town. Buyer to do their own due diligence regarding possibilities for development. Property inspection subject to accepted offer. Please do not contact the owner as the property is exclusively listed.

Unique opportunity for development on a quiet street located in desirable Westdale in West LA. Walkable to Coffee, Bank, and Groceries. Near the Exposition line, and many major employers of Silicon Beach and the West Side, including Google, Amazon, Sony, Hulu, Facebook, Activision, and more. The property is currently a single family home with 2 bd 2 ba, 2 car garage. No tenants, will be delivered vacant. Endless possibilities: Up to 25 units under ED-1, or 19 Units by Right (via Brickwork), or by 3-4 Small Lot Subdivision, or whatever you can imagine! Currently have Planning Approval Letter for 12 Units with 1:1 parking. Average income is over $130,000 in this area, and market rents are very handsome, and LACMA VPS rents are Tier II ($3,504 for 2bd) making this a very desirable build opportunity. Letter of determination from the city are available upon request from qualified buyers. Call or Email the listing agent for additional information.

Attention Developers and Investors, here is an exceptional opportunity for a premier multi-family development in Hollywood. This vacant corner lot, totaling 6,459 SQFT and zoned R3, is located in a prime neighborhood north of Melrose Ave and one block east of Hudson Ave, near Hancock Park & Larchmont Village. A shovel-ready project can be easily developed into a 7,822 sqft three-story seven-units apartment complex with one level of subterranean parking. The plans include seven two-bedroom apartments, each ranging from 1,039-1,350 SF. All permit fees have been paid, and construction can commence immediately. The advantage of this site is its corner location (easy to build) and its proximity to newly developed apartment complexes (curb appeal). Additionally, it is conveniently centrally located with an easy commute throughout Los Angeles to Hollywood, West Hollywood, Beverly Hills, Los Feliz, and La Brea. As well, it near Paramount Studios, Los Angeles Tennis Club, Netflix, Larchmont Village, restaurants, shops & walking distance to the Theatre Row.

Sale Price includes 339 & 341 N Virgil Ave. APNs: 5501-002-018 & -019. Must be purchased together. Bank REO Vacant Ideal for Owner UserTwo Single Family Residencies - CombinedRedevelopment potential - [T][Q]MR1-1VL Designated Qualified Opportunity Zone Vermont/Western Transit Oriented District Specific Plan - Subarea D Industrial/ Commercial Convenient Freeway Access (101- Hollywood)+605,324 Residents living within a 3-mile radius