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4529 Don Ricardo Drive (the "Property"), a 27-unit, 14,572 SF multifamily development opportunity, in the Baldwin Hills Estates neighborhood of Los Angeles. Nestled between two condo developments on Don Ricardo Drive between Hillcrest Drive and Don Jose Drive, the offering presents a unique opportunity to acquire a parcel of land atop the Baldwin Hills Estates hillside with unobstructed panoramic views of Downtown Los Angeles, Hollywood, and West Los Angeles. The Baldwin Hills-Crenshaw neighborhood has seen an increasing amount of attention from developers due to the Crenshaw/ LAX Metro rail line expansion project. Major thoroughfares surrounding the land parcel include La Brea Avenue, Crenshaw Boulevard and Stocker Boulevard. The location offers a myriad of retail options, a plethora of major employers nearby, excellent accessibility to coastal cities and highways that connect to the rest of Southern California. 4529 Don Ricardo Drive will feature a six-story, 27-unit building with contemporary-style exterior and interior design, fully-equipped luxury in-unit amenities, and a rooftop deck featuring a pool, cabanas, yoga deck, dog park, BBQ grills, and more. The development is situated on one parcel of land for a total lot size of 14,572 SF. The architectural plans propose for 30,316 total rentable net square feet and 8,068 total square feet of amenity space totaling 38,384 gross square feet. The hillside unit mix will encompass one, two- and three-bedroom floor plans ranging from 961 to 1,610 SF. The in-unit amenities will include central air conditioning and heating, state-of-the-art stainless-steel appliances, balconies/patios and much more. EV charging stations are possible with plans allotted for 36 parking spaces total. The property offers convenient access to the 10, 110 and 405 freeways and neighboring cities in the countyCulver City, Beverly Hills, and the thriving city of Playa Vista, a.k.a. Silicon Beach, which is the new hub for tech titans like Facebook, Google, YouTube Space LA, Verizon and more. The newly developed, The Campus in Playa Vista, is within a quick 6-mile drive away. 4529 Don Ricardo Drive is a prime multifamily development opportunity that will serve as a fantastic long-term investment. The property is in an exceptional area, with desirable underlying zoning in place, and offers a rare opportunity for a developer to build new product in this neighborhood.
Build your dream home here in beautiful View Park, CA. This spacious lot awaits a new home for you and your family. Lot is approximately 6,953 square feet. Call listing agent for more info.
UNIQUE DEVELOPMENT OPPORTUNITY! Exceptional vacant lot nestled on a serene cul-de-sac, presenting an ideal canvas for developers. Revel in breathtaking panoramic vistas that encompass the sprawling LA basin, dazzling city lights, skyline views, expansive mountain ranges, and the iconic Hollywood Sign. Take advantage of the included architect plans, including geo reports, providing a head start on your vision. This coveted property is situated in the upscale Baldwin Hills neighborhood with highly prestigious developments, which further enhances it's desirability.
* RTI * Ready To Issue 5 Unit Development ready to build located blocks away from Culver City, in the Heart of West Adams. SB8 EXEMPT. Located next to brand new residential and commercial developments, this project consists of 5 Townhouse-Style Units. Project consists of 4- 4 Bedrooms 4.5 Bathroom Units, and 1- 3 Bedroom 3.5 Bathrooms. Unit 1: 4 Bedrooms + 4.5 Bathrooms, 1,825 Square Feet; - * Projected rent $5,595/month*. Unit 2: 3 Bedrooms + 3.5 Bathrooms, 1,427 Square Feet; - *Projected rent $5,195/month*. Unit 3: 4 Bedrooms + 4.5 Bathrooms, 1,930 Square Feet - *Projected rent $5,595/month*. Unit 4 : 4 Bedrooms + 4.5 Bathrooms, 2,064 Square Feet. - *Projected rent $5,595/month*. Unit 5 : 4 Bedrooms + 4.5 Bathrooms, 1,683 Square Feet. - *Projected rent $5,695/month* * * Projected income to be $27,675 per month and $332,100 per year. * *
Location! Location! DEVELOPERS DREAM! Build 20 units by right or 40 units taking advantage of TOC Tier III incentives. Located in the Crenshaw Corridor Opportunity Zone (tax incentives for long-term investors) adjacent to prominent View Park neighborhood. Front line of the brand new $2.1 Billion LAX/Crenshaw Metro K Line walking distance to Vernon/Leimert Park and Crenshaw/Slauson Stations. C2 Zoned 9,148 sq ft lot. Eased parking - No Parking restrictions due to close proximity to Metro K Line stations! Current improvements include a SFR 1,946 sq ft + Garage Converted ADU 360 sq ft. Well maintained property with low maintenance allow you to instantly collect market value rent while you wait for the entitlement process! Or, purchase the adjacent lot with same lot dimensions to double the size of your project! Close proximity to major freeways, grocery stores, coffee shops, restaurants, schools, malls, BMO Stadium, SoFi Stadium, The Dome, The Forum. Exciting new developments in the area including the $1B redevelopment of Baldwin Hills-Crenshaw Plaza Mall, Crenshaw Crossing, 5300 Crenshaw Blvd 82 units under construction, 5144 Crenshaw Blvd 79 units under construction just to name a few. Need to complete a 1031 exchange? Look no further. Listing info deemed reliable but not guaranteed. Buyer to verify and satisfy themselves on ALL aspects of the property. No warranties expressed or implied.
Highly-visible, "heart of LA" location - minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA. The lot is empty and ready to be reimagined. The CM zoning allows for many commercial uses and also allows for R3 uses aka apartments a/o condos. Buyer to verify.
ELIGIBLE for ED1, LA's Fast-Track *Affordable Housing* Development Program. CALL AGENT FOR DETAILS! ~ Ideal, Affordable, House/Mixed Use Site. Originally priced at $14M - reduced by 25% by Highly Motivated Seller!! OPPORTUNITY ZONE!!! TIER 3!! HALF BLOCK TO METRO LA BREA STATION!! TOD/TOC/FAR!! ZONED FOR MINIMUM 164 UNITS!! Attention Developers, Builders, and Investors: An exciting, prime Jefferson Corridor development opportunity awaits in a transit-rich West Adams location just one block from the Metro E Line (Expo) which connects Santa Monica to DTLA. COSTCO IS JOINING THE CORRIDOR. There are six parcels in total (C1.5-1VL-CPIO, R3-1). 3043 S. La Brea Avenue is strategically located on the easternmost border of a Qualified Opportunity Zone, potentially allowing an investor to capitalize on economic incentives. This location provides tax advantages for an investor, reducing capital gains by as much as 15% over a seven-year hold period and is fully exempt from capital gains tax if the investment is held for at least 10 years (buyer to verify with a qualified tax professional). Bordered by Culver City, south of LACMA, and northeast of Silicon Beach, the Jefferson Corridor has launched numerous redevelopment projects, establishing the area as a thriving commercial, tech, entertainment, and mixed-use district. The property is surrounded by innovative global market leaders and high-profile projects including Amazon Studios, Costco (upcoming), Warner Media, HBO, Whole Foods, The Grove LA, Cumulus, Exposition Park, Sony Pictures, and the new Apple Campuses.
Culver Place Assisted living 98 bed with Memory Center is an entitled development opportunity. A prime location nestled in-between Baldwin Hills & Blair Hills with frontage on La Cienega Blvd in the city of Culver City. This property was purchased by the current owner in 1949 and has never been on the market. Pent up demand for assisted living along with an ongoing explosion of adult longevity makes this opportunity most attractive. See supplements attached and call me anytime. Thank you
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.
Large R3 lot with Tier 3 designation plus the additional ED 1 designation for multi family units , City website show subject not to be rent control , buyers and buyers agent to rely on their own inspections and investigations
INVESTMENT OPPORTUNITY ALERT!Calling all investors seeking a lucrative opportunity in the thriving city of Inglewood! We present to you an exceptional chance to build a brand-new single-family residence with an ADU (Accessory Dwelling Unit). With Plans ready to submit!Inglewood, known for its rapid growth and development, offers a prime location for real estate investment. With its proximity to major attractions, employment centers, and transportation hubs, the demand for housing in this area is steadily increasing, making it an ideal choice for investors looking to capitalize on the market trends.-Prime Location: Situated in the heart of Inglewood, this property offers easy access to amenities, entertainment venues (SOFI, INTUIT, KIA FORUM), and transportation options, enhancing its appeal to potential tenants or buyers.-Additional Income Potential: The inclusion of an ADU provides an opportunity for additional rental income or multigenerational living arrangements, maximizing the property's revenue potential.-Investment Growth: As Inglewood continues to experience economic growth and urban revitalization, property values are expected to appreciate over time, offering investors the potential for long-term wealth accumulation.Don't miss out on this excellent investment opportunity!
A development opportunity at 215 W Plymouth St., a 10,016 SF lot zoned R3 in the City of Inglewood. All Vacant- NO tenant relocation required! Currently there is a 2 Story Single Family residence, and a detached duplex above 4 garages. By Right, 7 detached units can be built. Prime location, just minutes away from Playa Vista, Westchester, Marina Del Rey, SOFI Stadium, Intuit Dome, and much more. Centrally located near LAX, 405/105 FWY, and Beach Cities.
Desired Mid-City Vacant Lot (Flat) Zoned R2 Located on a nice street, plus more. This could be a great opportunity for a Developer looking for a site for New Development. Perfect location to build a nice Custom Two Story Home in the City and be close to all conveniences. Within minutes to travel to LA Live, USC, Miracle Mile, The Grove, Beverly Hills and Culver City. There is a Non-Exclusive Easement for Ingress, Egress & Unobstructed Driveway Purposes and Incidental Maintenance that is included regarding Residence Neighbor North of Land. (Copy of Easement Available for Buyer to Review). Buyer is advised to Investigate Independently the property in its entirety, with the City of Los Angeles plus, the Verification & Accuracy of all Investigations, Reports, Survey, Professional & Personal Inspections for Buyer's Satisfaction. This is a Probate that DOES NOT REQUIRE COURT CONFIRMATION. Sellers Consists of: Seller 50% Interest & Co-Administrators appointed by the Court. Sellers Prefer Buyer to complete all of their Due Diligence prior to submitting their Offer.
We are proud to present 414 Stepney Street, a unique opportunity for a developer to build 100% affordable units which would allow for unlimited density.The Offering is comprised of 54,484 square feet of land (approx. 1.25 acres) zoned R3/MU. The Site is currently run as a mobile home park and grosses $442,000 per year. This allows for a developer to cash flow while plans and entitlements are drafted for the sites highest and best use. The Lot is located on the corner of Centinela Avenue and Stepney Street just North of Florence Avenue in the highly sought after City of Inglewood. With a Walk Score of 84, The Offering is located less than 2 miles from Hollywood Park, home to the $6B Sofi Stadium and the highly anticipated $2B Intuit Dome new home of the LA Clippers. The master planned community will also include approximately 3,000 new residential units, 1.5 million square feet of new retail space, and 20 acres of parkland. The City of Champions is known for its extraordinary sports history, but more importantly for investors, it is known as a development hub with superb investment opportunities due to its pro-growth and user-friendly municipal government which caters to progression. Exciting developments have brought the world to the City of Inglewood for sports, entertainment, and business opportunities. But for Inglewood residents, these changes have come at a cost with rising rents leading to tough choices.The Inglewood Home Assist Fund (Inglewood Fund), made possible by the City of Inglewood and Mayor James T. Butts in connection with the construction of the Intuit Dome, takes center court as a $75 million initiative to meet the growing demand for housing in the City of Inglewood. Century Housing, along with our partners, will administer the fund by lending to qualified developers for the acquisition, development, and preservation of affordable and mixed-income housing. Developers based in Inglewood will receive priority.
Welcome to an exceptional development opportunity located at 3520 W Florence Ave in Los Angeles. This vacant parcel presents a promising canvas for investors and developers seeking to capitalize on the burgeoning real estate market in this vibrant city. Situated in a strategic location, the property offers convenient access to major thoroughfares, amenities, and attractions, making it an ideal investment opportunity.With Ready-To-Issue (RTI) plans already in place for the construction of a 20,028 square foot building on an 11,051 square foot lot, comprising 22 units, this offering provides a streamlined pathway to commence development immediately upon acquisition. The property's prime location and zoning make it an attractive prospect for investors looking to meet the high demand for housing in Los Angeles. Priced at $1,995,000, this opportunity offers significant potential for profitability, whether leveraging the strong rental market or catering to the growing demand for homeownership.Don't miss out on this rare chance to acquire a vacant parcel with RTI plans in place, allowing for expedited development and potential profitability. With the dynamic real estate landscape of Los Angeles, this opportunity is not to be overlooked
Vacant Residential Lot 2,514 sq.ft. in Southwest Los Angeles. Frontage on Cimarron Street. Lot frontage 10' x 251 Lot Depth. Buyer to verify permitted uses on their own with the City of Los Angeles. Great location only about 5 minutes from USC and 10 minutes from downtown Los Angeles. Easy access to 10 and 110 Freeways.
A small urban lot located in the heart of the city, with the nearest major intersection at Exposition and Western. This property is an empty residential plot in South LA and is ready for development. It sits between 38th Street and 38th Place, with the gate at 38th Place consistently accessible. It's just a short walk away from the Metro Expo Line, providing easy transportation options. This property is also conveniently situated near schools, shops, restaurants, banks, parks, and churches, making it a well-rounded location for daily living. Please be aware that neither the seller nor the seller's broker offer any warranties, and it's the responsibility of the buyer and their broker to carry out their own due diligence. Additionally, the buyer must submit construction plans to the City of Los Angeles and secure all required permits
Development Dream with a HUGE PRICE REDUCTION! Proudly presenting 2000 Clyde Avenue, an epic opportunity delivered FULLY vacant & fully RTI in the best part of West Adams. Designed with lavish taste and efficiency, 64-North Architecture, has won awards for this above-grade build. This lot is nearly 10,000 sqft and has plans for another 10,000 sqft of buildable living space. Each townhome boasts a large open floor plan, a spacious yard - private to each home, & unobstructed views. Every inch of this project has been thought through. The highest calibur tenants or buyers will be magnetic upon completion. This is a versatile project where the townhomes can be sold individually or rented as a long-term hold. In addition to being extremely central, the project is situated at the very end of a tree-lined, quiet, non-through street along Ballona Creek. Not to be forgotten, this is an opportunity zone! Offering memorandum available upon request. Bring your best offers & break ground today. Home Run deal!
**Developers /Investors** We are proud to exclusively present for sale a by-right 8 unit multi-family development opportunity and/or value-add fixer SFR in the prime Mid-City Los Angeles neighborhood. Located on Cochran Ave between Venice Blvd and Washington Blvd, this 8,683 SF RD1.5 zoned lot features 54x119 ft dimensions, and is located in the QUALIFIED OPPORTUNITY ZONE for tax incentives to investors! This existing owner-occupied spanish-style home, consisting of 2,085 living SF, 3 bedrooms 2 bathrooms is also an ideal play for an owner-user, as the home is well maintained and has a huge entertaining backyard. This property has great potential to be reimagined; a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 zoning or construct a brand new Small-lot Subdivison or Apartment complex. The possibilities are endless and a Buyer could build a structure up to 45' high that will capture the most incredible views of the city, Hollywood sign, Downtown LA, and Baldwin Hills. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!
Incredible Development Opportunity in Mid-City!Attention all developers! Here's your chance to seize an exceptional opportunity with the purchase of two prime lots in Mid-City. These lots boast generous dimensions, with one measuring 4,570.5 SF and the other 4,464.6 SF, combining to create an expansive 9,035.1 SF. Zoned RD1.5-1, and strategically positioned on a corner lot, this property is an ideal match for affordable housing initiatives.Currently featuring three separate buildings, the existing structures include a 4 Bed / 1 Bath unit and two 1 Bed / 1 Bath units. All units will be delivered vacant upon purchase. Please be mindful not to disturb occupants.Excitingly, the seller has already submitted plans for the addition of three more units and two ADUs (Accessory Dwelling Units). There is significant potential to construct approximately 120 affordable housing units, though it is advised that the buyer verifies this information independently.This is a rare chance to secure a significant investment in a burgeoning area. Don't miss out on the opportunity to be part of the growth and development of Mid-City. Contact us now to schedule a viewing and explore the potential of this prime property!
We are proud to exclusively present for sale a redevelopment opportunity a stone's throw to Culver City. This 7,320 SF (Q)R3-1 lot is ED 1 Eligible and sits in a Tier 2 of HACLA Small Area Fair Market Rents area. The site is eligible for unlimited density for affordable housing developments and is eligible for reduced parking per AB 2097 Tier 2 of HACLA Small Area Fair Market Rents. This site is also located in a Tier 2 TOC zone. Located on a street with easy cross-freeway access, head southwest and be at the Expo Line Station in no time, or head north and be at Kaiser Permanente in a handful of minutes. This location has it all, with Good Transit, Very Walkable and Very Bikeable streets. Walk to fine and casual dining, nightlife, shopping head to Downtown Culver City or jump on the Expo Line and head to the Transit Hub in Downtown LA or the Beach! Access to the 10 freeway is as easy as it gets! This site is perfect for Affordable Housing. Central to all, and in the middle of many high-paying skilled and entry level jobs. The property currently has a Duplex (per LAHD and CofOs, though Zimas states 3 Units). Delivered vacant at close of Escrow.
Great opportunity, seller will carry the first Trust Deed with a 30% down payment. Two lots for sale, 3,762 Sq. Ft., and 3,751 Sq. Ft. Total 7,513. $750,000 each, total: 1,500,000. The two lots have been used as a landscaper head quarters. Both lots shall be sold together. Both lots will be delivered vacant. Perfect for developing the land or other uses. Easy to show.
RTI LAND... a rare find and opportunity to build a luxury mix-use residential with retail in one of the most coveted neighborhoods in the West Los Angeles/Culver City area. Approved plans to build 7 residential units and 1000 square feet of retail on a corner lot on Robertson Blvd and 25th St. Build a trophy property to add to your portfolio or build and exit. The total proposed living area is 7035 S.F. with underground parking for both residential and retail on a 5581.6 square Feet lot as per Zimas. The underground parking is accessible from the alley and includes spaces for residential and three cars plus four bicycles for retail. The property has space for a gym/community room or an ADU.
We are proud to exclusively present for a sale a Redevelopment Opportunity in Picfair Village, Los Angeles. Situated on S. Orange Grove Ave., between Pico Blvd. and Saturn St., this 7,125 SF [Q] R3-1-O Tier 3 lot is very close to the Pico & Fairfax intersection. The existing Triplex is vacant and perfect for a rehab and owner-user. The Project Plans are already submitted to Los Angeles Building and Safety and Letter of Determination has been issued. Consisting of eight 1+1 and eight 3+1 units, the Project has been designed with special attention to detail. Three of the units will be dedicated to Extremely Low Income households. With ground-level and subterranean parking, this Project will provide 5 parking spaces. An alternative lucrative project can potentially utilize ED1 - for which this site is eligible. Dedicating 100% of the rental units to Affordable Housing can potentially increase the density of a redevelopment project to 41+/- units. The Two 100% Affordable Housing development scenarios that can potentially be built are: 34+/- units, 4 Story Type V Construction or 41+/- units, 5 Story Type III Construction. The neighborhood features average household incomes above $114,000 in a 1 mile radius, showing that this area attracts a high-earning rental pool. This very central location, surrounded by a great variety of restaurants, nightlife and shopping, is walking distance to Vons and a short drive to LACMA, The Grove and The Farmers Market, among others. The area is designated as Very Walkable by Walk Score. Easy access to 10 freeway makes this property an easy to commute around Los Angeles. Currently there is a triplex on site that will be delivered vacant.
4303-4313 W Pico Blvd is a unique affordable housing development opportunity in Mid City. Plans call for 149 income restricted housing units and 1 manager unit, with an ideal unit mix of 48 singles and 102 one-bedrooms. Unlike other ED1 projects, the design includes one level of on-grade parking for 39 spaces and is centrally located to major employment hubs. The discount to surrounding market rents support both a voucher based and workforce housing lease-up strategy, allowing a developer multiple lease up options and flexibility at completion. The seven-story mid-rise project is designed with a stacked design, utilizing Type III over Type I construction for expedited construction and reduced costs. The project also includes 11,259 SF of open space, allowing a developer to provide additional amenities or supportive housing services for residents. The project is offered at a low $40,000 per buildable unit, offering a privately funded developer the opportunity to fund the entire project without tax credits or government subsidies. The existing two retail units will be delivered vacant at the close of escrow, allowing a developer to break ground and start on the project once permits have been pulled.
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