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.
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.
OPPORTUNITY ZONE! ED1 PROJECT DEVELOPMENT to Build 45+ units, Affordable Housing OR OWNER USER RESTAURANT WITH MOST OF THE RESTAURANT EQUIPMENT THERE BIG DINING AND EXTERIOR SITTING AREA AND LOTS OF PARKING. This Prime property Boast a generous 7549 Square foot Corner lot with convenient alley access. Currently , it features a closed restaurant making it a versatile canvas for your nest investment or development venture . Zoning LAC2, TOC TIER 3 . Multiple Apartment projects being built on Main St. Metro LA Near Downtown LA AND USC. Property being sold as is for land value only. Please call listing agent for more info.
Build your dream home! Great lot at the top of the hill with breathtaking city views in a quiet street in City of Terrace. Close to Cal State LA, DTLA, Pasadena and the 710 and 10 freeways. Single family Architectural plans approved and included.
Hillside lot for Sale! This parcel includes plans to build a three-level Single Family Home! Plans show 1465 Sq. Ft. with 3 bedrooms, 2 bathrooms, 2 car garage with amazing views. Minutes from Downton Los Angeles, Cal-State University of Los Angeles, USC Medical Center. Conveniently close to Freeways. Lot to be sold with approved building plans and approved grading plans. Permits for grading included ready-to-start grading.
*ONLY 1/3 MILE FROM CAL STATE LOS ANGELES!* ATTENTION INVESTORS AND DEVELOPERS....here's your opportunity for the perfect multi-unit project. Preliminary information from the city is that zoning would allow for a duplex (maybe larger), which is ideal due to its extremely close proximity to the college. Come check out the surrounding neighborhood and start brainstorming how to transform this blank canvas into a financial WIN!
We are pleased to present a 24,710 square foot redevelopment site located at 4420 South Broadway in Los Angeles, California. The subject property is situated in a solid South Los Angeles location, south of East Vernon Avenue and west of South Main Street. This offering is positioned on one (1) parcel totaling 24,710 square feet (SF) of land with a zoning ordinance of LAC2-2D-CPIO where the D suffix is an alteration of some of the base development standards per the Community Plan Implementation Overlay. This allows for sixty-one units (61) units by-right, a maximum height of 60 feet by-right, and a FAR of 1.5:1 by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories and thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. There is $95,280 in annual gross income which will stay in place while buyer goes through the entitlement process. All of the tenants are on month-to-month commercial leases. Positioned in a solid South Los Angeles location, this offering presents an excellent opportunity for an astute developer to purchase a large corner lot at a low price per square foot and potentially build over 100 units without any residential units to replace.
Panoramic Views - Heart of LA. Rare 80' of street frontage, moderate upslope, sidewalks amazing RTI OPPORTUNITY! Highly desireable plans included for over 3500 SF of Storage/Garage/Living space (1,929 Living - 1,163 Storage/loft - 628 Garage). 3 story build w/ retaining wall design advantages to reduce overall build cost. Feng Shui friendly designs incorporated throughout plans will contribute to overall desireability of finished product. The build cost is further reduced by utilizing smart usage of non-liveable storage space totaling over 1700 SF (628 garage + 1,163 storage), strengthening your bottom line with more affordable build cost and providing support for increased top line.
We are pleased to present the sale of 8112-8200 S Broadway, Los Angeles, CA 90003 which consists of a 0.43-acre (18,553 square foot) development site, zoned C2-1VL-CPIO in Tier 1 Transit Orient Communities (TOC). The property consists of 3 parcels, with 2 parcels being contiguous, the northeast corner totaling 12,472 SF and the southeast corner total 6,081 SF. Great opportunity to build 100% affordable housing with little to no parking, in a great Transit and Bike friendly neighborhood.
Residential Vacant Lot Available in the Los Angeles County, boasting 4,445 sq ft. This lot is ready for any investor to build units and take advantage of the corner location with entrances on both Willowbrook & 124th St. Vacant lot to be sold As-Is Where-Is.
Do Not Wait to Buy Real Estate. Buy Real Estate and Wait. This 376 Square Foot subject parcel is zoned R2 and shares a lot with a duplex located at 429 W 68th Street. THE SELLER OF THE PARCEL MAY CONSIDER FINANCING FOR A NEW OWNER. E-mail or call with questions.
Two lots for sale next to each other. Build 2 new 2200 Sqft homes. Plans almost ready. Start the research before everybody else.4719 catalpa and 4723 catalpa. Two separate lots with common driveway.Homes with a view.
Developers opportunity. 3.97 Acres raw land. Ready for developer or private party who wants to build houses with spectacular view. This land is adjacent to Monterey Hills Estate. Million dollar homes possible. Property consist of 4 A.P.N # 's 5253-008-036 , 5253-008-024 , 5253-008-061 ,5253-008-023
Situated in the sought-after El Sereno area, east of downtown Los Angeles, the property at 1922 Seigneur Ave is an exceptional development opportunity. This 0.1088-acre lot, zoned for R1 residential use, is poised for a significant project. The location offers easy access to the 10 Freeway and Eastern Ave, making it highly desirable. The terrain's distinctive rolling slope and irregular shape provide a unique setting for a custom-designed home. Fully equipped with essential utilities, this property is development-ready. Emphasizing a lifestyle connected with nature, the neighborhood's proximity to parks and trails enhances its charm. An intriguing aspect of this listing is the high market value of nearby homes, often reaching nearly $1,000 per SqFt, indicating a promising investment potential. Buyers are advised to verify all pertinent information with the city, as the zoning regulations allow for considerable development in proportion to the land size. This property represents not just a land purchase, but an opportunity to create a prestigious and profitable residential build in a rapidly appreciating area of Los Angeles.
We are proud to present for sale a Ready-to-Issue 38 Unit Affordable Housing Construction Project in South Los Angeles. Already FULLY RTI, this project, on a 9,754 SF C2 lot with 14,800 SF of rentable square footage (per LAHD Table of Rental Units), is ready to go! The 3 story slab-on-grade design has paid special attention to savings, with cost-effective stacked and mirrored units. Situated on a corner lot with an alley, this project has no parking but the neighborhood benefits from good transit options. Schedule 1 & 6 LAHD rents allow for the higher 1 bedroom rental amounts that Schedule 9 reduced. No RSO nor replacement issues. The property has no retail component to complicate things and the lot is already demolished! DWP Power System Engineering and MEP are ready to go! Come and break ground...this property is waiting for you!
Rare Residential vacant land of 5130 SF in heart of Los Angeles, 2 story single family plan of more than 2000 SF house area is ready but it is expired. it is easy for you to apply again.Do not Miss it! Total 3 lands available, you can buy one of them or all of them, APN 5223-009-006/007/008.It is situated in the University Hills Community of El Sereno, Near Cal State University and General Hospital. Magnificent model new home at 1923 Seigneur Ave with stunning downtown views, peaceful sunsets and sparkling city lights. Easy access to the 10 & 710 freeways, conveniently located minutes away from Downtown Los Angeles & Pasadena.With a scarcity of vacant land available in Los Angeles, particularly in such a sought-after location near CAL STATE LA and USC, this opportunity is not to be missed. Whether you are a savvy investor looking to capitalize on the city's thriving real estate market or an individual searching for the perfect spot to build your forever home, this vacant land is a rare gem waiting to be discovered. Don't let this chance slip away. Contact us today to schedule a viewing and unlock the potential of this residential vacant land near CAL STATE LA and USC in Los Angeles. Create a legacy, embrace the spirit of innovation, and seize the opportunity to shape your future with this extraordinary property.
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.
Rare Residential vacant land of 5353 SF in heart of Los Angeles, 2 story single family plan of more than 2000 SF house area is ready but it is expired. it is easy for you to apply again.Do not Miss it! Total 3 lands available, you can buy one of them or all of them, APN 5223-009-006/007/008.It is situated in the University Hills Community of El Sereno, Near Cal State University and General Hospital. Magnificent model new home at 1923 Seigneur Ave with stunning downtown views, peaceful sunsets and sparkling city lights. Easy access to the 10 & 710 freeways, conveniently located minutes away from Downtown Los Angeles & Pasadena.With a scarcity of vacant land available in Los Angeles, particularly in such a sought-after location near CAL STATE LA and USC, this opportunity is not to be missed. Whether you are a savvy investor looking to capitalize on the city's thriving real estate market or an individual searching for the perfect spot to build your forever home, this vacant land is a rare gem waiting to be discovered. Don't let this chance slip away. Contact us today to schedule a viewing and unlock the potential of this residential vacant land near CAL STATE LA and USC in Los Angeles. Create a legacy, embrace the spirit of innovation, and seize the opportunity to shape your future with this extraordinary property.
Rare Residential vacant land of 5400 SF in heart of Los Angeles, 2 story single family plan of more than 2000 SF house area is ready but it is expired. it is easy for you to apply again.Do not Miss it! Total 3 lands available, you can buy one of them or all of them, APN 5223-009-006/007/008.It is situated in the University Hills Community of El Sereno, Near Cal State University and General Hospital. Magnificent model new home at 1923 Seigneur Ave with stunning downtown views, peaceful sunsets and sparkling city lights. Easy access to the 10 & 710 freeways, conveniently located minutes away from Downtown Los Angeles & Pasadena.With a scarcity of vacant land available in Los Angeles, particularly in such a sought-after location near CAL STATE LA and USC, this opportunity is not to be missed. Whether you are a savvy investor looking to capitalize on the city's thriving real estate market or an individual searching for the perfect spot to build your forever home, this vacant land is a rare gem waiting to be discovered. Don't let this chance slip away. Contact us today to schedule a viewing and unlock the potential of this residential vacant land near CAL STATE LA and USC in Los Angeles. Create a legacy, embrace the spirit of innovation, and seize the opportunity to shape your future with this extraordinary property.
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.
This 9000sqft+ vacant land locates in the heart area of Los Angeles, close to valley blvd with fabulous mountain view. The California state university is on the right, there are tons of plans to make a dream house on this land.
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.
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