$1,800,000 Price Analysis   ♡   Los Angeles, CA 90044 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.81 acre lot. Listed 2023-12-29 | Ⓧ USDA Ineligible due to property near Los Angeles |
Zoned as R3
This expansive property offers exciting development potential for approximately 44 apartment units. The parcel is strategically planned for a variety of options, featuring a Tentative Tract Map meticulously designed for 18 attached homes, Small Lot Subdivision and the potential for up to 23 Single Family Lots. It's important to note that the Tract is currently pending approval and a comprehensive review letter from the Los Angeles City outlines specific development requirements based on the tentative tract map. Situated in the Southwestern part of Los A ngeles, this property boasts proximity to major transportation arteries, including convenient access to the 110 and 105 Freeways.
This stratgic location enhances the appeal for future residents, offering an ideal commute to and from the area. While the current plan is in alignment with the tentative tract map, there exists flexibility for potential developers to explore alternative options. Whether considering the construction of apartments or pursuing an entirely different development plan, interested parties are encouraged to liaise with the Los Angeles City for guidance and to explore the diverse possibilities that this property holds. Seller financing available for up to 2 years with 50% down on approval by seller. Seller is flexible and willing to JV with a qualified developer. Please feel free to reach out for more information or to discuss your unique development vision for this promising parcel.
Presented by The Palanca Group at
Keller Williams Realty.
Property MLS #PW23230495 from CRMLS
Road Frontage Type: City Street
Road Surface Type: Paved
Lot Description: Lot 20000-39999 Sqft
Lot Size Acres: 0.8118
Lot Size Source: Assessor
Lot Size Square Feet: 35360
County: Los Angeles
Directions: S Figueroa St and Laconia Blvd
Source Property Type: Land
Area: 122 - Harbor Gateway
Source Neighborhood: 122 - Harbor Gateway
Parcel Number: 6132001020
Zoning: LAR3
Source System Name: C2C
$1,800,000
CRMLS
Listed 2023-12-29
$2,199,000
CRMLS
Listing removed 2018-10-19
$1,500,000
CRISNET
Listing removed 2012-12-31
$1,500,000
ITECH
Listing removed 2012-12-31
$1,500,000
CRISNET
Listed 2012-07-24
$1,500,000
ITECH
Listed 2012-07-24
$1,500,000
CRISNET
Electricity Available
Natural Gas Available
Phone Available
Water Available
Water Source: Public
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.