Description
Discover the incredible potential of this r-2, just under 7,000 sq. ft lot located in the vibrant heart of south los angeles. this lot provides an exceptional opportunity for developers seeking to capitalize on the high demand for housing in los angeles. the absence of rent control regulations makes it an attractive investment for constructing multifamily units, promising significant rental income potential. *the area is experiencing a surge of growth and development, making it a prime location for new projects and innovative housing solutions. *proximity to usc: just minutes away from the university of southern california, a world-renowned educational institution providing a steady demand for housing from students, faculty, and staff. *cultural attractions: a short distance from the upcoming george lucas museum of narrative art, which promises to be a major cultural landmark drawing visitors from all over. *transportation hub: easy access to the santa monica expo line, offering convenient public transportation options that connect directly to downtown los angeles and the beautiful beaches of santa monica. *sporting and entertainment venues: close to sofi stadium, home of the los angeles rams and chargers, bmo stadium, and the iconic crypto arena, ensuring year-round entertainment and sports events. *la live: situated near the bustling entertainment complex, featuring a range of dining, shopping, and entertainment options. *don't miss out on this exceptional opportunity to invest in a property that combines strategic location, excellent connectivity, and unmatched development potential. whether you're a seasoned investor or a visionary developer, this lot is your canvas to create a thriving residential community in the heart of los angeles. ***subject to teardown of existing sfr. schedule your private tour today!
Property Type
LandCounty
Los AngelesStyle
LandAD ID
48231275
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1593
- Lot Size Dimensions: 55x126
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6940
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Listing Information
Listing Price Information
- Original List Price: 921,000
- Listing Contract Date: 2025-01-05
Lease Information
- Listing Agreement: Probate
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Taxes / Assessments
Tax Information
- Parcel Number: 5015002001
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: PHHT - Park Hills Heights
- Postal Code Plus 4: 1953
- Directions: south of Vernon Ave and west of Western Ave
- Zoning: LAR2
- Source Property Type: Land
- Area: PHHT - Park Hills Heights
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 01/15/2025 @ 14:39
- MLS: 24465949
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 6,940 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90062, this Los Angeles County Land are nearby neighborhoods.