R2 LOT ADD A SECOND UNIT AND ADU PLENTY OF ROOM FOR A FOR BUILD OUT, LARGE 3 BEDROOM 2 BATH HOME, OPEN FLOOR PLAN, UPDATED KITCHEN, LONG DRIVEWAY TO FIT 6 CARS, LARGE OPEN BACKYARD FOR ENTERTAINMENT, GREAT OPPORTUNITY TO BUILD A SECOND UNIT AND A ADU GREAT INCOME POTENTIAL. LOCATED SHORT DISTANCE TO LOS ANGELES DOWNTOWN, SOFI STADIUM, LAX, CRYPTO STADIUM, CLIPPER ARENA, LOCATED CLOSE TO FREEWAYS, ENTERTAINMENT, SCHOOLS, RESTAURANTS, GREAT LOCATION FOR BEING CLOSE TO ALL THE LOS ANGELES AREA ATTRACTIONS. GREAT OPPORTUNITY FOR INVESTMENT LOCATION FOR AIRBNB. ZERO DOWN AND CLOSING COSTS ASSISTANCE LOAN PROGRAM AVAILABLE
This home needs a loving new owner. Alot of clutter accumulated by the seller both in and out but on the plus side the home was remolded only a year ago and if you can look past the clutter you will see a very nice upgraded home once it is cleared out. Home has a large added bathroom off one of the bedrooms plus there is the hallway full bathroom. There is a large wood deck in the back that you can enter from the kitchen and it has been enclosed to give you more living space. The lot is zoned LAC2 so you can possibly convert to a home business but seller makes no warranty about this and buyers are to do their own due diligence. There is $20,000 of grant money (free money) available for a qu
17-unit development site in Los Angeles, CA. The site will be delivered to buyer RTI (a shovel-ready project). The plans are for a 100% affordable apartment building consisting of 16: 1Bed units and 1: 2 Bed Unit. The project is only 3 stories high with on-grade construction, delivering a cost-effective and easy-to-build project.
Nestled in a rapidly developing area, this expansive 5,900 square foot property offers a rare opportunity to own two adjoining lots, ideal for building your dream home or making a smart investment in the future. The land is level and ready for development, with ample space to accommodate a variety of residential plans. Whether you're looking to create a personal retreat or capitalize on the growing demand in the neighborhood, this property holds exceptional potential. Surrounded by a mix of established homes and new construction, it’s a promising location for both builders and investors seeking long-term value.
Two adjoining lots • Level land • Promising location
ABOUT THIS HOME
90061, CA Homes for Sale
We are pleased to present for sale an excellent affordable housing 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. Zoned R3-1, the combined lot size of 11,362 sqft makes this a prime candidate for a 100% fully affordable ED 1 apartment project (seller has had conversations with architect for a 70 unit fully affordable project). Take advantage of the ED 1 fully affordabl