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
Rare opportunity to purchase two vacant side by side parcels totaling 16,583 sf in Long Beach's highly desired Los Cerritos/Virginia Country Club neighborhood. Sale will include both parcels 7140-019-024 & 7140-019-027. Located in an area prized for its tree lined streets, historic homes, and top rated schools. Del Mar Avenue is distinctive for its neighboring homes of mid-century modern design, quiet cul-de-sac type feeling, adjacent Dominguez Gap Wetlands, and close proximity to the fine shops & restaurants of Bixby Knolls.
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.
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 incom
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.
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!
Entitled, buildable land in the heart of LA? Its true! Flat, vacant, and ready to build up to 1,600 square feet (either a house or a duplex). Imagine, building your brand-new dream home for less than the cost of an old fixer. Or build a duplex and live in one unit and rent out the other. Land was subdivided from existing property using the CA HOME act, granting it special privileges to enable development: no hearings required, no costly parking required, and ministerial (fast) approval. Drop in a prefab or build custom from the ground up - the choices are endless. For rental comps, you can build two 800 sqft 2 bed/1bath units, each of which can rent for ~$3,000/month ($6,000/month gross). Walkable to 55-acre Edward Vincent Jr. Park, and under 2mi from SoFi Stadium. Inglewoods booming with billions invested - nows your chance to invest in this hot area.
HUGE investment opportunity. Property currently houses an operating oil well. Allow the land to make money for you! Property in good neighborhood, with residential real estate on each side.
Vacant land with prime residential area, is ideal for single-family home. Buyer & Buyers agent to verify all conforming land uses and zoning, contact the city of Long Beach, Department of Building and Safety.
Outstanding opportunity for an owner-user, investor or developer to purchase 87.5 of linear frontage along Rosecrans Avenue just east of the signalized corner of Rosecrans Avenue and Lemoli Avenue; the property consists of a gated, fenced and lighted concrete yard; currently occupied on a month-to-month basis by the adjacent body shop operation City of Hawthorne Zoning Information: C3 Zoning: https://ecode360.com/42648363#42648363 MU Overlay: https://ecode360.com/42649534#42649534
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 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.
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.
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.
Prime Corner Development Opportunity in Vibrant South Los Angeles! Explore the potential of this expansive 6,143 sq ft lot, zoned LARD 1.5. Unleash your imagination the possibilities are endless for this ideally located property. Although the existing structure requires demolition, this opens the door for fresh, innovative development tailored to modern demands. Previously occupied until 2017, the lot sits at the bustling corner of Normandie Ave & W 41st Pl. Nestled in a culturally rich area, this property is just minutes from the University of Southern California, offering easy access to educational facilities, campus events, and vibrant student life. Its not just close to academia; its also a hub of connectivity to major Los Angeles attractions and business centers, making it a perfect spot for students, professionals, and families looking to build their dream in the heart of South Los Angeles. Surrounded by new development throughout the area. Call Today!
Two lots, side by side, ready for development. All of the development work was completed just before the pandemic hit, those have expired and the process needs to start new. The sale will be for BOTH lots together.
Exciting Development Opportunity in City Terrace - Three Adjacent Hillside Lots with Spectacular Views, Totaling 29,127 sqft! We present an extraordinary investment proposition tailored for developers and investors seeking a remarkable opportunity. Nestled in City Terrace, this offering comprises three contiguous lots with a combined area of 29,127 sqft. Perched on a hillside, the location offers breathtaking 180-degree views of the surrounding University hills and the prestigious CSULA (Cal State University Los Angeles). The potential for this property knows no bounds, allowing for a multitude of possibilities. With its proximity to CSULA, there exists the exciting prospect of developing student housing to cater to the university's growing population. Alternatively, the site holds great promise for residential development, making it an attractive venture for those seeking to create a vibrant community. These exceptional lots provide a canvas upon which visionary developers and investors can leave their mark. Capture the attention of those who value both natural beauty and strategic location, and seize the opportunity to shape the future of this remarkable locale. For more information and to explore this incredible development opportunity, please contact us. Together, let's trans
Excellent opportunity to develop a large construction project on a strategically located lot. It has an excellent view. very close to the 10Fwy and the city of Los Angeles, its commercial and tourist area as well as universities and colleges for the occupants of future projects that are developed. Standard Sale.
City Terrace Hills View Lot! Design & build your dream Residence. ATTENTION Investors, Developers, Builders R-2 up-slope land parcel, second unit option plus possible ADU. Close to Downtown LA restaurants & shops, Arts District, Cal State LA University, USC Keck Medical Center, Dodger Stadium, Monterey Park Golf Course, 10, 60, 2, 5, and 710 freeways.
7323 Crenshaw Blvd, This corner lot is 8831sf, Opportunity Zone development site is located along the dynamic Crenshaw Blvd corridor. Located near LAX and Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently the plans are submitted to the city for a 4 story 18 unit apartment building with an attached carport, waiting for final approval, this project will be affordable housing TOC Tier 3. Easy to start building with the older building demolished; possible to build 26 units or up to 46 units if the TOC incentives are utilized; there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through executive directive 1 if a 100% affordable housing project is pursued. the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments include several multi unit projects in the area.
We are pleased to present an amazing individual or investor opportunity to acquire a residential view lot in the up-and-coming City Terrace neighborhood of Los Angeles County. The land offers Amazing views and is ideally located in the center of the soaring East Los Angeles market. With irreplaceable Downtown Views and dramatic hillsides, this East Los Angeles neighborhood is quickly becoming one of the most desirable residential locations in Los Angeles. With easy access to freeways, numerous employment options in Downtown Los Angeles, City and Skyline Views, and in close vicinity to California State University-Los Angeles and USC Keck Medical Center, City Terrace is currently experiencing rapid gentrification and an influx of young professionals. Fantastic opportunity for individual to build dream home or developer for spec project in up and coming City Terrace.
Opportunity to build!!!!Vacant Land, Lot Zoned LCR2*. This are two parcels to be sold together.... 5230-011-004 (3,570sqft) and 5230-011-005 (1,232sqft)
OWNER FINANCING AVAILABLE! This sale includes 3 parcels on the same street with the following APN's: 5227016026, 5227005001, 5227018020. Each lot can also be purchased individually for $169,000, the bundle offers a discounted price. Excellent development opportunity or build your dream home with city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home.
