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Attention builders looking for you next project, here is a flat Lot R2 with 4050 sq ft close to 110 freeway, shopping centers and downtown LA
Corner vacant lot available on busy Compton Blvd. Residential development occurring on adjacent block east of subject property.
Developers, this is an excellent opportunity to build a new construction fourplex 10 minutes from USC and Exposition Park! 715 E 41st Pl is an SB-8 EXEMPT, NON-RENT CONTROLLED, 7,320 square foot flat lot that is being delivered with RTI plans for a fourplex featuring one 6 bedroom, 6 bathroom SFR (featuring a 1st floor flex room with private access), one 3 bedroom, 3 bathroom ADU, and two 4 bedroom, 4 bathroom townhomes that boast potential for ADU conversion due to added flex space with private entrances. This rare property boasts countless perks that will make this project a very successful one, including:1. Cost-Saving Engineering: The plan is designed closely with the structural engineer to minimize construction cost. No steel beams, two-way cantilevers, non-aligning interior framing, etc. Major cost savings. 2. Demolition Already Complete: The existing home has already been demolished, meaning no hastle on demolition and over $50,000 in savings. Plus, no rent control on the future project.3. Flex Rooms: There are 3 large flex rooms (450 sf+ ) with a private entrance and yard space that will be ideal for generating additional income.4. Ample Parking: The plans boast 9 legal parking spaces and 1 bonus space, making for a whopping 10 spots. That's a major feature for tenants!5. Large Bedrooms designed for students/master leases: All units have bedroom sizes of 10' x 12' minimum that can accommodate both a queen size bed and a computer desk.6. Private Open Spaces: All units, including the flex rooms, have large usable private open spaces. With SB-8 exempt, 7,000 square foot+ lots being extremely rare these days, you'll want to jump on this opportunity fast!
Attention all Investors, Developers and Contractors make this opportunity your next project. Seller had submit plans for 2 units with 2 car garage each unit, Buyers and Buyers Agent to all their investigations with the city of Compton.
We are pleased to present for sale an (ED 1) Executive Directive 1 affordable development opportunity located in the Metropolitan Southwest neighborhood of Los Angeles, within close proximity to LAX, Sofi Stadium, Gardena, Downtown LA and much more! Current improvements include 4 residential units situated on two separate APN's: APN 6117004005 (City of LA) & APN 6117004027 (Unincorporated LA County), with the addresses 12016-12108 S Figueroa. The combined lot size of 11,362 sqft makes this a prime candidate for a 100% fully affordable apartment project (seller has had conversations with architect for a 70 unit fully affordable project). Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Property also comes with an alley which allows for maximized design and parking. All 4 units are currently tenant occupied and the property will be sold with tenants in place. Currently monthly income from the units is $3,200/month, collect income while going through entitlements! Buyer to verify all zoning & density regulations with LADBS, LA County, and all relevant departments. Close proximity to major transportation (105 & 110 Freeways). Do not miss this opportunity to build in a centrally located part of LA with tons of upside at an affordable price point. Contact listing agent for more details!
Currently Ibr 1Ba Fixer or Teardown with potential for Two Houses, Two ADUs and Two JADUs. Flat Lot with rear alley.
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)
Zoned as R3, this expansive property offers exciting development potential for approximately 44 apartment units. The parcel is strategically planned for a variety of options, featuring a Tentative Tract Map meticulously designed for 18 attached homes, Small Lot Subdivision, and the potential for up to 23 Single Family Lots. It's important to note that the Tract is currently pending approval, and a comprehensive review letter from the Los Angeles City outlines specific development requirements based on the tentative tract map.Situated in the Southwestern part of Los Angeles, this property boasts proximity to major transportation arteries, including convenient access to the 110 and 105 Freeways. This strategic location enhances the appeal for future residents, offering an ideal commute to and from the area.While the current plan is in alignment with the tentative tract map, there exists flexibility for potential developers to explore alternative options. Whether considering the construction of apartments or pursuing an entirely different development plan, interested parties are encouraged to liaise with the Los Angeles City for guidance and to explore the diverse possibilities that this property holds.Seller financing available for up to 2 years with 50% down on approval by seller. Seller is flexible and willing to JV with a qualified developer.Please feel free to reach out for more information or to discuss your unique development vision for this promising parcel.
The property is 7,500 sf corner lot. The property is RTI (pending Buyer payment of Sewer Fee) for 23 unit (22 1-Bed & 1 3-Bed) apartment building with 1 affordable unit designated for Extremely Low Income. The design of the building allows for a very easy and fluid development process. Approved plans are available upon request.
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.
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.
TWO LOTS SOLD TOGETHER (APN#7101-018-009) (APN#7101-018-012) ZAONING R2N. CALLING ALL HOMEOWNERS/CONTRACTORS/INVESTORS/OWNER BUILDERS!! DONT MISS THIS AMAZING OPPURTUNITY!! LOT LOCATED IN A GREAT AREA OD LONG BEACH. LOT IS CENTRALLY LOCATED CLOSE 91FWY & 710FWY, ZONING R2N. GREAT DEVELOPMENT OPPORTUNITY!! LOT IS LOCATED NEAR HORSE EQUESTRIAN COMMUNITY. LONG BEACH IS CURRENTLY GROWING WITH LOTS OF BUILDING PROJECTS!!! WONT LAST!! LOT HAS WATER CONNECTED!!BLOCK FENCE!!
We are pleased to offer a 5,804 sq. ft. development site located in unincorporated Los Angeles zoned LCC2YY. The site is vacant and there are nostructures to demolish. There are no tenants to move and no leases encumbering the site. The site enjoys alley access and has a gate in the front of the property.
The 6,047 square foot vacant corner lot at 1162 W Florence Ave offers a prime opportunity for development, with zoning conducive to multiple possibilities, including 100% affordable housing. Phase 1 and Phase 2 reports are readily available, ensuring the property's suitability for development. With dimensions of 50x120 and ample access, the lot presents a blank canvas for creative development ideas.
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.
RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P.A.R.C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6,601.8 buildable sq. ft. at market rates or up to 20 residential units / 13,203.6 buildable sq. ft. with max bonus. In addition, the new zoning allows for the option of mixed-use development with no restriction on building height and the number of residential units will still remain up to 11 market rate units or up to 20 units with max bonus!
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)
Perfect for economic development or affordable housing . Also, good for shopping center / retail strips or Commercial General Use / Mixed Use projects. The property sold as-is.
We are pleased to present an estimated 28,505 SF commercial lot with 2,242 SF of improvements located in the City of Bellflower. The property is currently occupied by two month-to-month auto repair and auto sales tenants, with an existing spray paint booth in place. Located along the busy Lakewood Blvd and Alondra Blvd corridor with 288 feet of frontage, the property is well positioned for an owner-user seeking significant street presence, or for a developer seeking a substantial site for a new development. Zoned General Commercial (https:// ecode360.com/43108644), the property is permitted for car washes, auto, retail, medical, restaurant, offices, hotel/motel, service station, churches, and a various number of additional uses. With its close proximity to the 91 freeway, 105 freeway, 605 freeway, and 710 freeway, the property is well positioned for any type of investor to take advantage of continued appreciation for years to come. Any buyer shall complete their own due diligence to determine what the current legal use allowed is for the property.
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)
Massive Development Opportunity. At this time one could build up to 20 market-rate units on this property, and by mid to late 2025 under the new "Boyle Heights Community Plan" and by utilizing the "Community Benefit Program" one could construct up to 36 units, encompassing 32 market-rate units and 4 low-income units. According to ZIMAS the property is not subject to HPOZ.
Live Auction! Bidding to Start from $1,000,000! 8401-8409 S Western Ave is a choice 9,708 square foot parcel which is a true Ready-to-Issue 27 Unit, 100% Affordable Residential Project. Situated on S. Western just north of West Manchester Ave. between W 84th St. and W 84th Pl., this LAC2 parcel backs up to an alley and has frontage on both S. Western Ave and W. 84th St. The Building Plans consist of plans to construct 27 units, each comprising 1 Bed/1 Bath residences spread across three stories and featuring a dedicated manager's unit. Notably, two units are reserved for extremely low-income residents, while the remaining units cater to Low Income residents. This lot is ideally positioned near Los Angeles' brand new SoFi Stadium, the KIA Forum, and the almost completed Intuit Dome - submit an offer to stop the auction or bid on April 4th to win this rare investment opportunity.
Vacant land ready for development No Plans or environmental reports will be included in the sale. Highly desired area with lots of potential.
City Terrace Hills View Lot! Design & build your dream Residence. ATTENTION Investors, Developers, Builders R-1 up-slope land parcel, possible ADU option. Close to Downtown LA restaurants & shops, Arts District, Cal State LA University, USC Keck Medical Center, Dodger Stadium, 10, 60, 2, 5, and 710 freeways.