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)
Prime investment opportunity in the heart of South Central Los Angeles Area. This corner lot is a rare gem, situated on the bustling intersection of Normandie Ave and Manchester Ave, offering exceptional visibility and access. Ideal for investors and owner-users alike, this property presents a multitude of development and investment prospects in a thriving market. Positioned within the Vermont/Manchester Recovery Redevelopment Project and zoned as C2-1VL, the lot spans 22,252 square feet according to tax records and the actual size of 23326. Currently, the property is fully paved and fenced and hosts three tenants operating in the auto-related sector with month to month lease. The property holds potential for transformation into a gas station, drug store, fast-food restaurant, or neighborhood retail services hub. Property tours are limited to the exterior only, with tenants undisturbed. For interior viewings, please coordinate with the listing broker.
We are pleased to present a great development opportunity to build 12-14 units of apartment R3 Tier2, with a total building size of 16,547 SF in the Mid-City neighborhood. The subject property plan offers a unit mix of six 1-bedroom+1 bathroom and seven 2-bedroom+1 bathroom units, along with one ELI 1-bedroom+1 bathroom unit. The plan includes a 4-story type VA over 1 story type 1A configuration. With a walk score of 84, ten parking spaces, and twelve bike parking spaces, the subject property allows tenants to benefit from the local offerings in the Mid-City neighborhood. RTI coming very soon. Buyer to verify all information
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)
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.
**Developers /Investors** We are proud to exclusively present for sale a 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 8,686 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!
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.
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.
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!
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.
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.
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.
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.
Ready To Build. DTLA, Korea Town. USC All together. 3 Duplexs. Total of 6 units. Each unit comes with 2 car Garage plus and a big storage. Opportunity to add multiple ADU's. Great income property. Building A: 2 Units, each are 4 bedrooms and 3 bathrooms. Building B, Total 2 units. Each are 4 bedrooms and 3 bathrooms. Building C: 2 Units each are 3 bedrooms plus a extra large Den and 3 Bathrooms. The only opportunity in DownTown LA. Mid City, Next to Korea Town. 8 mins walk to Wilshire Blvd. Plans are approved. Total buildings sq ft is 9700 for all 3 buildings.
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.
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.
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.
https://svidlercre.com/delmas3751 *21 Unit Project in the Culver City-adjacent area of Los Angeles; designed with special care to construction efficiencies, with no subterranean parking (though 8 parking spaces are included) and stacked units. Spread over six stories, the finished project should offer unobstructed views on all sides starting on the 3rd floor and up. The Project will be delivered Ready-to-Issue, with 14,730 SF of rentable space spread out over the 17 original units and 4 future ADUs. With 7 two bedroom and 14 one bedroom units, build it and the tenants will come to enjoy the sixth floor spacious open patio and tremendous benefits of this location. Sixteen units will have balconies, the units will share an elevator, and there will be one staircase at each end of the building. Two units are reserved for ELI tenants. A five minute walk to Downtown Culver City, Erewhon and The Culver Steps, the property is surrounded by shops, nightlife, casual and fine dining. Near Sprouts, Trader Joe's, The Culver Theater, Equinox and just about anything else that a resident may want. Walk Score calls this area a Walker's Paradise, Very Bikeable with Good Transitjust half a mile to the Exposition Metro Station. The area is a jobs center, with the Los Angeles-area headquarters for Amazon, Apple and HBO. The Project will be delivered with approved DWP P-Drawings and no encroachment interferences, valuable entitlement approvals have been received through the Specific Plan and CEQA process. Unique entitlements granted the Project reduced yards on all four sides, resulting in a larger buildable envelope.
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.
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)
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.
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 and likely the lessee would desire 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 home on the site that could possibly be rebuilt/remodeled with additional commercial and/or residential improvements if desired. 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. 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. Seller may be able to furnish renderings for a 6-unit development allowed by right upon approval of the architect for its release and dissemination. Architect may be available to be hired to continue with the approval process for the proposed development. 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, may be furnished upon request. Because it is being sold for land value only, 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 tear-down only. Because it is being sold for land value 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.
This property is a rare investment opportunity located in the heart of Koreatown. With approximately 13 buildable units and a Tier 2 designation in a transit-oriented community, it's perfect for those seeking a high return on investment. The owner-user duplex will be delivered vacant, making it easy for you to develop the property without tenant relocation fees. The property is priced at $202 per land square foot. This amazing property is located in the heart of Koreatown with quick access to the 10 & 110 freeway. A rising area for development with nearby office buildings, hotels, retail, restaurants and a very unique nightlife! Don't miss out on this chance to invest in one of LA's most desirable locations. Buyer to do their own due diligence regarding possibilities for development. Property inspection subject to accepted offer. Please do not call the seller as the property is listed.
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