Vacant land opportunity in South Los Angeles. This 5,240 SF lot is zoned [Q]R4-1, a high-density multifamily zone, which makes it a strong site for builders and developers planning an apartment project. Under base R4 density of 1 unit per 400 SF of lot area, the site could support roughly 13 units before any [Q] condition limits. Buyers may also be able to add units through State Density Bonus or other housing incentive programs. Because the lot is vacant, there’s no demolition, there are no tenants to relocate and no existing structures to work around, so a buyer can go straight to design and permitting. The property sits in an established residential neighborhood close to Broadway,
Close to schools • Close to freeways • Close to shopping
ABOUT THIS HOME
90061, CA Homes for Sale
Development and value-add opportunity on S Broadway in South Los Angeles. This property is a 6,560 SF building on a 5,480 SF lot zoned LAC2, which allows up to 13 units by-right in 2 stories. Builders and developers can pursue a multifamily project without discretionary approvals. Value-add investors and owner-users can rehab the existing structure. Seller financing is available with a down payment. Built in 1927 and formerly used for religious services, the building needs a full rehab and is being sold as-is. The site has street frontage on Broadway near a signalized intersection and is surrounded by multifamily and commercial uses. It is close to public transit, schools, shopping and the
Vacant corner lot with zero demo or relocation expenses, ideal for lowdensity housing or a 34 story ED1 development. The site previously held 17 unit, 3storyentitlements for a 100% affordable project, which can be resubmitted and reinstated.
Opportunity to own property at 403 and 407 West 122nd Street in the Los Angeles area. This offering presents an opportunity for buyers and investors seeking real estate in an established South Los Angeles neighborhood. Property details, including building configuration, exterior construction, number of units, lot size, and existing improvements, should be verified to accurately reflect the current condition and characteristics of each property. Current plan pictures shown in photos were planned and approved 2 years ago.
We are pleased to present 10958 Avalon Blvd, a compelling +/-11,785-square-foot development opportunity priced at just $97/SF in the heart of South Los Angeles. Situated on a prominent corner lot with alley access, the property is zoned LARD2-1 and benefits from a Tier 2 TOC designation, creating a variety of potential development avenues for investors and developers. The site offers the opportunity to pursue either a market-rate residential development or an affordable housing project, with particularly attractive potential under Los Angeles' Executive Directive 1 (ED1) framework. A 100% affordable ED1 development could potentially accommodate approximately 80 residential units, with no on