Description
We are pleased to present this exceptional 10,402-square-foot vacant lot in the heart of south los angeles. this property offers a unique opportunity for developers to meet the growing demand for residential, commercial, and mixed-use projects. the property was previously rti-approved for development, though the approvals have since expired. however, they can be renewed through an expedited process, providing a streamlined path to construction. the approved project features a 20-unit, 4-story mixed-use building with 18 market-rate units and 2 extremely low-income units, consisting of 14 two-bedroom, two-bath units and 6 one-bedroom, one-bath units. the development includes 710 square feet of commercial space, 19 automobile parking spaces, and 30 bicycle parking spaces, with a total gross area of approximately 14,828 square feet. with c2-1vl-cpio zoning and a tier 1 transit-oriented communities (toc) designation, developers can take advantage of state density bonus laws (ab2334, ab2345, and ab1763) to build 50+ units of affordable housing. additionally, a preliminary design for a 54-unit, 100% affordable housing development has been completed, showcasing the site's potential for higher-density residential use. this parcel will be delivered vacant at closing and is ready for immediate development. whether pursuing the approved 20-unit project or maximizing the site's full potential, this lot provides an excellent foundation for a transformative project.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
49106329
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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: Assessor
- Lot Size Acres: 0.2388
- Lot Size Dimensions: 80 x 130
- Lot Size Source: Appraiser
- Lot Size Square Feet: 10402
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Listing Information
Listing Price Information
- Original List Price: 1,295,000
- Listing Contract Date: 2025-01-25
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 6011001063
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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: C42 - Downtown L.A.
- Postal Code Plus 4: 1528
- Directions: To get to 6510 S Main St, Los Angeles, CA 90003, take the 110 Freeway south, exit at S Broadway, and turn right. Continue on Main St for about 1 mile. The property will be on your left. Alternatively, take the 10 Freeway, exit at Central Ave, and head north on Main St. The property will be on your right.
- Zoning: C2-1VL-CPIO
- Source Property Type: Land
- Area: C42 - Downtown L.A.
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/22/2025 @ 01:58
- MLS: 25516917
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 10,402 sized lot, and 0 parking. are nearby neighborhoods.