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Mahsheed Sadat Majedi
Mobile Phone:
949-278-6339
mnm4dreamhome@gmail.com

DRE# 01298133
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Mahsheed Sadat Majedi
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Mobile Phone:
949-278-6339
mnm4dreamhome@
gmail.com

DRE# 01298133
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Los Angeles CA Real Estate & Land for Sale

456 Properties Found

The median home value in Los Angeles, CA is $1,100,000. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Los Angeles, CA is $1,100,000. Approximately 45.51% of Los Angeles homes are owned, compared to 47.38% rented, while 5.3% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Los Angeles real estate agent to arrange a tour today!
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1–25 of 456 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24398615
Type:
Land
Lot size:
0.26 Acres
Listing Agent: Orit Gadish - Geffen Real Estate
View additional info

A once in a lifetime opportunity to build your custom architectural dream home with views in the exclusive Sunset Plaza enclave of Hollywood Hills West, among multi-million dollar masterpieces. Just a five-minute walk from the world-famous Sunset Strip, this oversized flat lot offers a blank canvas that affords opportunities to enjoy luxury living in the relaxed and serene beauty of the hills, with indoor/outdoor living, while still providing quick and easy access to the action and thriving nightlife on Sunset Plaza, as well as the rest of West Hollywood and Beverly Hills with its upscale boutique shopping, prominent hotels, renowned restaurants, and multiple exclusive entertainment venues. Don't miss this opportunity to explore the full potential of this prime development site.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24397999
Type:
Land
Lot size:
0.14 Acres
Listing Agent: Louis Magnano CalDRE: 02116804 - Sotheby's International Realty
View additional info

Exciting development opportunity in the coveted hills of Mount Washington. The property is located next to a prestigious site recently highlighted in the New York Times. This 5,992 sqft lot features stunning panoramic mountain views and a down-slope layout, with all utilities available in the street. It provides a spacious canvas for creating a remarkable home. Embrace the tranquility of nature while remaining conveniently connected to city living and everything NELA has to offer.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
AR24109344
Type:
Land
Lot size:
0.22 Acres
Listing Agent: Chelsea Shang - Momentum Realty, 626-437-9128 Chelsea Shang chelsea@goldenlandinc.com
View additional info

Unveiling the Mt. Royal Residence Where the Perfect Blend of Privacy, Panoramic Views, and Urban Convenience Converge. This vacant lot is more than just land; it is a blank canvas ready for you to craft your dream home. Imagine the possibilities as you dive into your next project with confidence, knowing that the seller has already navigated the complexities, leaving you free to embark on construction immediately.Endless potential awaits on this expansive lot, combining a total of 9,772 square feet across five individual lots to build a 3,560 sf four-story single family residence with a covered two-car garage, 3 bedrooms and 3.5 bathrooms. Whether you are a seasoned developer, builder, investor, or aspiring homeowner, this lot is primed for your vision to spring to life. Embrace the convenience of urban living while enjoying the tranquility and privacy this location offers. Explore nearby attractions such as the iconic Rose Bowl, Norton Simon Museum, and Griffith Observatory - all within reach. Plans available upon request.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24397205
Type:
Land
Lot size:
0.16 Acres
Listing Agent: Alexander Huerta CalDRE: 02154543 - The Oppenheim Group, Inc.
View additional info

An incredible development opportunity with views in prime Silver Lake located just a stone's throw away from the Reservoir and Sunset Junction. Plans showcase a sleek contemporary residence with a plunge pool spanning 4,217 total sq. ft., including a 3,673 sq. ft. main house with 3 beds / 3.5 baths, and a 544 sq. ft. ADU with 1 bed / 1 bath. 2-car garage. Perfect for a developer looking for their next project that pencils out on investment, or an end-user to build their sophisticated dream home. Architectural and civil drawings have been completed, with a Soils Report completed and submitted to the City. Once soils are approved, drawings will be sent to plan check. A rare offering in one of Los Angeles' most vibrant neighborhoods with easy access to some of the city's best shopping, dining, entertainment, and nature, along with a short commute to Downtown and Hollywood.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24394917
Type:
Land
Lot size:
0.74 Acres
Listing Agent: F. Ron Smith - Compass
View additional info

An extraordinary opportunity awaits, hitting the market for the first time in 50+ years! Set on a magnificent .74-acre lot with picturesque park-like grounds, the residence is nestled in the sought-after lower Mandeville Canyon neighborhood on a quiet cul-de-sac just one block north of Sunset Boulevard. Boundless potential whether you're envisioning a renovation of the existing 5-bedroom Mid Century home or dreaming up a brand-new construction, this property offers the opportunity to realize your ultimate dream home. Conveniently located in the heart of Brentwood, this prestigious address is surrounded by newly built multi-million dollar homes, promising prestige and a luxurious lifestyle. Don't overlook this rare chance to seize incredible value and make your mark in one of the most coveted enclaves in Brentwood.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24397385
Type:
Land
Lot size:
0.24 Acres
Listing Agent: Nick Hadim - Nick Hadim Group of Companies
View additional info

Exciting Investment Opportunity: Prime Land Available for SaleUnlock the potential of approximately 10,409 square feet of commercial land situated in the coveted C2 zone, ideally positioned on West Jefferson Blvd. This prime location boasts unparalleled proximity to prestigious USC and the vibrant heart of Downtown LA.What makes this offering truly exceptional is its development potential. With the ability to construct up to 52 units per state density bonus, the possibilities for transformative development are vast. Moreover, the property qualifies for 100% affordability under the ED1 designation, granting developers the unprecedented advantage of unlimited density.But that's not all - imagine the potential when you consider that the adjacent land, identical in size, is also available for sale. By acquiring both parcels, you can effectively double the size of the land, providing even greater flexibility and scope for your development vision.Seize the chance to create something truly remarkable in this thriving enclave of West Jefferson Blvd. This is your invitation to craft an iconic addition to the landscape, elevating the community while maximizing returns on investment. All information provided is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence to verify accuracy.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
AR24091675
Type:
Land
Lot size:
0.18 Acres
Listing Agent: Douglas Lee - COMPASS, 650-279-1212
View additional info

Property appraised in March 2024 at $344,000. Steal of a deal! Opportunity to own two lots side-by-side for a combined total of over 7,800 square feet to build your dream home. Seller is open to providing seller financing with favorable rates if buyer has a good down payment. Otherwise, hard money is the way to purchase the property. Buyer is aware they must submit plans to the city of Los Angeles and get approval (RTI - Ready To Issue) before building the home. See attachments for the seller disclosures, appraisal, and preliminary title report.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24397189
Type:
Land
Lot size:
0.15 Acres
Listing Agent: Daniel Jacobson - Compass
View additional info

Development opportunity. 1 OF 2 LOTS TOTALING 13,487sf. SOLD WITH 1547 N. SIERRA BONITA AVE. Rare opportunity to acquire side-by-side lots in the sought-after Sunset Square area, with a combined area of 13,487 sqft and zoned LAR1. This sale encompasses the land at 1547 - 1551 N. Sierra Bonita, two addresses & two APN's. With the option to construct a single residence with ample outdoor space or develop two separate homes on each lot. Drive by and make an offer. AP'N : 5550009006 & 5550009004

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24397197
Type:
Land
Lot size:
0.15 Acres
Listing Agent: Daniel Jacobson - Compass
View additional info

Development opportunity. 1 OF 2 LOTS TOTALING 13,487sf. SOLD WITH 1551 N. SIERRA BONITA AVE. Rare opportunity to acquire side-by-side lots in the sought-after Sunset Square area, with a combined area of 13,487 sqft and zoned LAR1. This sale encompasses the land at 1547 - 1551 N. Sierra Bonita, two addresses & two APN's. With the option to construct a single residence with ample outdoor space or develop two separate homes on each lot. Drive by and make an offer. AP'N : 5550009006 & 5550009004

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
IV24108236
Type:
Land
Lot size:
0.06 Acres
Listing Agent: TERESA CONTRERAS CalDRE: 02226157 - HOMELINK REALTY INC. TERESA CONTRERAS CalDRE: 02226157
View additional info

This 2,695-square-foot lot is nestled in the prestigious Bel Air neighborhood, near the serene Upper Stone Canyon Reservoir.Lots like this will not last long! Buyer/ Buyer Agent to conduct their own due diligence to investigate, survey and possible development of lot. No guarantees or warranties as to the condition of property

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24396219
Type:
Land
Lot size:
0.14 Acres
Listing Agent: Manuela Villa - Compass
View additional info

APN 5576-007-038. Appx 6,156 sf, zoned LAR1. Major development opportunity! Build your dream home with beautiful city and canyon views in the heart of Hollywood Hills! This view lot is currently on a dirt road. Buyer will need to pave the road to the lot in order to get any building permits from city. Centrally located in Hollywood Hills surrounded by multi-million dollar homes with 4 adjacent vacant lots! Just minutes from Lake Hollywood, restaurants, nightlife, shops, freeways and entertainment! Lots like this don't last long in this market. Drive by and make an offer. Buyer to verify all information and rely on their own investigations.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24390001
Type:
Land
Lot size:
0.5 Acres
Listing Agent: John Campbell - Revel Real Estate
View additional info

Prime land in Brentwood Park, adjacent to the old Shirley Temple Estate. Come build your dream home on this amazing lot among multi-million dollar homes. This lot is near schools, parks, shops and restaurants. This lot can be sold together with the adjacent Mediterranean home please call for details

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24395379
Type:
Land
Lot size:
0.16 Acres
Listing Agent: Casey Lins CalDRE: 01902650 - Kidder Mathews of California, Inc.
View additional info

We are pleased to present 8931 Ramsgate Ave, a VACANT duplex located on 7,063 SF of LAR3 Tier 3 TOC zoned land! With the existing duplex (both 2 bed + 1 bath) being 100% vacant, there are numerous exit strategies that include the following: 1) Build 16 units + 4 ADUs utilizing the current RTI plans, 2) Renovate the existing Duplex + build new ADUs, 3) Utilize ED1 to construct 100% affordable housing project, or 4) Multiple duplex style build yield 4-6 large units. Located in the heart of Westchester, tenants will have ease of access to the 405FWY, numerous employment opportunities, Loyola Marymount University, Venice Beach, Santa Monica, El Segundo, and LAX. Ownership has plans in place for a market rate 16-unit + 2 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. As a value-add project, a new owner can perform renovations on the existing units, both 2 bed + 1 bath units, and add additional ADUs by converting the existing rear garage. Buyer shall complete their own due diligence to determine the development potential.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
GD24102851
Type:
Land
Lot size:
0.16 Acres
Listing Agent: Levon Yengibaryan - Coldwell Banker Hallmark, 818-415-0147
View additional info

Here is a unique development opportunity for 12 units apartment building in the heart of Valley Glen. The property will be delivered with RTI (Ready to Issue) plans. The building features a parking area with 2 levels (subterranean and ground level) with a total of 22 parking spaces, 4 levels of living space with 3 units on each floor, as well as a rooftop deck. All units have 2 bedrooms and 2 bathrooms, combining a total of approximately 13,024 square feet of living space. One of the units is designated for affordable housing through the City of LA Housing Authority. Buyer is advised to verify all the information with the City and other appropriate professionals. Excellent location near shopping, dining, transportation hubs, trendy Van Nuys Blvd, and just minutes to LA Valley College and the NOHO West development.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24394841
Type:
Land
Lot size:
0.21 Acres
Listing Agent: Casey Lins CalDRE: 01902650 - Kidder Mathews of California, Inc.
View additional info

We are pleased to present a 100% vacant land development opportunity located in the heart of West Adams! Totaling +/-9,180sf of LARD1.5 Tier 3 TOC land, a new owner has the ability to capitalize on various exit strategies that include the following: 1) Current RTI plans for a market rate 10-unit + 2 ADU multi-family for- rent building, 2) 100% affordable housing up to 50 units (feasibility study available on request), 3) Subdivision for 4-6 homes, or 4) Multiple duplex style build yielding 6-10 large units. Located just steps away from the trendy Jefferson Blvd corridor that includes numerous amenities such as Highly Likely (local cafe) and the soon-to-be Maydan Market (food hall) that includes Michelin Star connected restaurant Compass Rose. Being just 0.1 miles away, a 3-minute walk, from the Farmdale Metro Rail Line station, tenants have the ability to easily access Santa Monica, Culver City, USC, LAX, and Downtown LA. Ownership has plans in place for a market rate 10-unit + 2 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 50 units with no parking requirements and an affordable stick on grade type construction. With its Opportunity Zone location, the property is well positioned for a developer seeking a well-located property with high rental demands that is nearby significant employment opportunities. Buyer shall complete their own due diligence to determine the development potential.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24394763
Type:
Land
Lot size:
0.19 Acres
Listing Agent: Filip Niculete - Marcus & Millichap
View additional info

We are excited to present 1322 Maryland St, a 100% affordable, RTI (Ready-to-Issue) development project to build 121 units located in the Westlake neighborhood of Los Angeles, which is just a few minutes South of Echo Park and West of Downtown.The project consists of 119 one-bedroom units, 2 two-bedroom units, and 8 stories. The building is made up of 5 stories of Type III-A over 3 levels of Type I-A, and there are no parking requirements. This will help reduce both the time and cost to build. The developer has the option to rent to Section 8 tenants, which could result in higher rents.Upon completion, the building is projected to generate $230,603 per month, amounting to $2,767,236 annually, from the scheduled covenant rents. If all units are rented to Section 8 tenants, the monthly revenue is expected to increase to $292,130, resulting in an annual income of $3,505,560.The offering is located in Central Los Angeles and combines residential and commercial living. It is surrounded by Silver Lake to the north, Downtown to the southeast, and Pico-Union to the southwest, with Koreatown to the west. The area has a rich history, having developed primarily in the 1920s. The area has since undergone a transformation, with many of its historic mansions now converted into apartments. As a result of high demand for housing in this dynamic and ever evolving part of the city, new multi-family buildings have been constructed.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
BB24102700
Type:
Land
Lot size:
0.11 Acres
Listing Agent: Elizabeth Maddox - Myunits.com Inc., 818-850-8485
View additional info

Developers, this is an excellent opportunity to build a highly economical new construction fourplex 5 minutes from Mid-City, steps away from the countless upscale restaurants and shops on West Adams Blvd! 2633 S Cochran is an SB-8 EXEMPT, NON-RENT CONTROLLED, OPPORTUNITY ZONE 4,803 square foot flat lot that is being delivered with RTI plans for a fourplex (duplex + 2 ADUs) featuring two three-story townhome style 3-bedroom, 2.5-bathroom units and two well-designed 3-bedroom, 2-bathroom two-story ADU units. This rare property boasts countless perks that will make this project a very successful one, including:1. Cost-Saving Engineering: The plan is designed closely with the structural engineer to minimize construction cost. This would be a very cost effective, easy to construct project.2. Demolition Already Complete: The existing home has already been demolished, meaning no hassle on demolition and over $50,000 in savings. Plus, no rent control on the future project!3. Rooftop Decks: The front two units boast private rooftop decks. A major draw for renters that will set these units apart from the competition once units are ready for lease up!4. Location: This project is located WALKING DISTANCE from countless high-end eateries, shops and even a private club on West Adams Blvd. These include The Gathering Spot LA, Tartine West Adams, Adams Wine Shop, Alta, HYA-Gift Shop, MAIN, Mizlala, Delicious Pizza, Farm House Kitchen and so much more!5. Ideal project to sell off as TIC's! The seller has vast experience with TIC sales and has seen outstanding numbers on similar projects to 2633 S Cochran.6. OPPORTUNITY ZONE! Potential for major tax benefits!With SB-8 exempt lots in A+ locations becoming extremely rare these days, you'll want to jump on this opportunity fast!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CV24102613
Type:
Land
Lot size:
0.16 Acres
Listing Agent: FENPING WANG - Vantage Capital Inc., 626-905-2526
View additional info

Fully entitled. Design package available. Great opportunity with spectacular city view to build your dream home. This view lot is ready to build a new single family house: Total living area 2445.83 sq ft with 2-car garages, roof deck, basement, balcony, 4 bedrooms, 1 office, and 4 bathrooms approved in the design plan. Conveniently located 6 miles north of Downtown Los Angeles and 9 miles south of Pasadena. Centrally located near the 5, 2, 134 freeways. It's also near the Eagle Rock Blvd eateries and Highland Park Shopping. Nearby attractions include Elyria Canyon Park - a 35-acre nature park that provides a network of hiking trails and vistas, the Autry Southwest Museum, Rio de Los Angeles (LA River) State Park, and Dodger Stadium.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SR24102102
Type:
Land
Lot size:
0.51 Acres
Listing Agent: Ray Akbari - The Agency, 818-400-4344
View additional info

Seize a rare and extraordinary opportunity to acquire and redevelop a three-lot assemblage spanning 22,253 square feet in the highly sought-after Greater-Wilshire neighborhood of Los Angeles. This property, available for the first time in over 50 years, includes 4718, 4720, and 4726 Oakwood Ave. The assemblage features two existing single-family residences: one with 2 bedrooms, 1 bathroom, and 1,065 square feet of living space, and the other with 3 bedrooms, 2 bathrooms, with 2,052 square feet of living space. The center lot is currently used as a driveway. Zoned LAR3 and located in TOC Tier 3, this prime location offers developers the potential to build up to 48 units with a TOC density bonus or up to 60 units, including 12 ADUs, with AB-2221(includes 12 ADUs) with a building envelope of 83,359 square feet. This is a once-in-a-generation chance to transform and maximize the value of a prime real estate asset in one of LAs most desirable areas.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
TR24101433
Type:
Land
Lot size:
0.19 Acres
Listing Agent: Marina Ramirez-Lopez - HomeSmart Key Realty Marina Ramirez-Lopez marinalc21@aol.com
View additional info

I am excited to present an extraordinary opportunity to own this prime VACANT property in the highly sought-after area of Los Angeles. First, we have a vacant land parcel offering immense potential for development. This is your chance to build and develop as you see fit, taking advantage of the LAC4 zoning. In addition, the adjacent property at 4728 York Blvd is also available for purchase. The properties may be sold together, each with its own individual sales price, allowing for extending existing structures, adding new units, or realizing your dream project across both parcels. Located in a prime area, these properties offer access to the parks and trails of the Arroyo Seco, trendy restaurants in Pasadena and Highland Park, and the 110 Freeway leading to Downtown LA. The nearby Gold Line Metro Station adds further convenience, making this an ideal location for development. This area is in high demand, with numerous new homes being built or under construction. The potential for investors and developers is immense. Buyers and investors are encouraged to conduct investigations to verify the information provided. Dont miss out on these prime real estate opportunities. Rush before it is too late!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24394003
Type:
Land
Lot size:
38.6 Acres
Listing Agent: Mark King CalDRE: 02139777 - KW Advisors
View additional info

This is your chance to own 39 acres in the Stevenson Ranch area, investigate with the county to see if and what could be built but irregardless owning land in this area will always be an asset for you. Regardless of what you build you will always own the soil.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24398619
Type:
Land
Lot size:
0.14 Acres
Listing Agent: Neema Ahadian - Marcus & Millichap
View additional info

This is an affordable housing development opportunity at 5436 S Broadway, a corner lot in in the South Park neighborhood ofLos Angeles. The 6,021 SF lot will be delivered fully entitled for 34 income-restricted housing units and 1 manager unit with no parking required. The project's central infill location and proximity to major employment hubs such as Downtown LA, Vernon, Commerce, and Huntington Park support multiple lease-up strategies including filling units through PATH, LAHSA or Section 8. Plans call for an efficient four-story project, utilizing Type V-A construction fora stacked design reducing construction costs for the developer. The existing structures will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects. The finished project totals 16,358 SF and has a desirable unit mix of 10 singles (255-315 SF) and 25 one-bedrooms (300-430 SF). The project is offered at a low price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. In addition, the affordability of the project opens avenues of mission driven financing through CDFIs or mission driven lenders (contact agent for details). Located in a dense location of South Los Angeles with an easy commute throughout the city with access to the 110 Freeway; close to multiple Metro local lines along S Broadway.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24398609
Type:
Land
Lot size:
0.21 Acres
Listing Agent: Neema Ahadian - Marcus & Millichap
View additional info

8301 S Western Ave is in a corner lot in in the Manchester Square neighborhood of Los Angeles.The 9,012 SF lot will be delivered fully entitled for 51 income restricted housing units and 1 manager unit with no parking required. The project's central infill location and proximity to major employment hubs such as Inglewood, the South Bay, CulverCity, and Huntington Park support multiple lease-up strategies including filling units through PATH, LAHSA or Section 8. Plans call for an efficient four-story project, utilizing Type V-A construction for a stacked design reducing construction costs for the developer. The existing retail structure will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning processor taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects. The finished project totals 25,174 SF and has a desirable unit mix of 10 singles (301-363 SF), 41 one-bedrooms (366-476 SF), and one two-bedroom (509 SF). The project is offered at a low price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. In addition, the affordability of the project opens avenues of mission driven financing throughCDFIs or mission driven lenders (contact agent for details). Located in a dense location of South Los Angeles, two miles from SoFi Stadium, Hollywood Park Casino, Kia Forum, and the future Intuit Dome; close to multiple Metro LocalLine bus stops along S Western Ave and W Manchester AveArlington Heights Elementary, Johnnie L. Cochran Jr MiddleSchool, St Paul's School, City Language Immersion CharterSchool, and Los Angeles Technology Center. 6035-017-001, 6035-017-002, 6035-017-003

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24398589
Type:
Land
Lot size:
0.54 Acres
Listing Agent: Neema Ahadian - Marcus & Millichap
View additional info

This is an affordable housing development opportunity at 1422 E Imperial Hwy, located just off of the 105 Freeway between S Central Ave & Compton Ave. The 23,435 SF lot will be delivered fully entitled for120 income-restricted housing units and 1 manager unit, with no parking required. The project's central infill location and proximity to major employment hubs suchas Rancho Dominguez, Compton, South Gate, and South Los Angeles support multiple lease-up strategies including filling units through PATH, LAHSA orSection 8. Plans call for an efficient four-story project, utilizing Type V-A construction fora stacked design reducing construction costs for the developer. The lot will be delivered vacant at the close of escrow, allowing a developer to break ground immediately, without navigating the planning process or taking on additional risk through pending ordinances that are limiting the development of similar high density affordable projects. The finished project totals 67,112 SF and has a desirable unit mix of eight singles (290SF), 108 one-bedrooms (430-460 SF), and five two-bedroom (505-615 SF). The project is offered at a low $38,958 price per buildable unit, allowing a privately funded developer the opportunity to develop a high yielding project and capture a strong return on cost with zero tax credits or government subsidies. In addition, the affordability of the project opens avenues of mission driven financing throughCDFIs or mission driven lenders (contact agent for details). Located in a dense location of South Los Angeles, just south of NickersonGardens and less than a mile from the Martin Luther King Jr Community Hospital.The access to the 105 Freeway allows for a convenient commute throughout LosAngeles, the South Bay, and throughout the Mid-Counties.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24393277
Type:
Land
Lot size:
0.3 Acres
Listing Agent: Andrew Brown CalDRE: 02228752 - Sotheby's International Realty
View additional info

Build Your Dream Home above Highland Park. 13,000 square foot lot with stunning views. The project, designed by renowned firm, Anonymous Architects, envisions a 2150 square-foot modern home with walls of glass to take in your commanding views. Both the building & the driveway plans have already passed the ZAD (Zoning Administrator Determination), and are now ready for BOE approval, which is the final step towards permits being issued and construction starting. The current owners have done all the hard work to pave the way for your dreams to commence. Don't overspend on an older house, when you can have it all high above the East Side.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Based on information from CRISNet MLS as of 5/31/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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