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 Angeles, this property boasts proximity to major transportation arteries, including convenient access to the 110 and 105 Freeways. This strategic 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.
Situated in the Southwestern part of Los Angeles, this property boasts proximity to major transportation arteries, including convenient access to the 110 and 105 Freeways. This strategic 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.
Property Details
Price:
$1,800,000
MLS #:
PW23230495
Status:
Active
Baths:
0
Address:
512 Laconia 6132001020
Type:
Land
Neighborhood:
122harborgateway
City:
Los Angeles
Listed Date:
Dec 27, 2023
State:
CA
ZIP:
90044
Lot Size:
35,360 sqft / 0.81 acres (approx)
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks
Fencing
Block, Chain Link
Lot Features
Lot 20000-39999 Sqft
Sewer
Public Sewer
View
None
Water Source
Public
Financial
Association Fee
0.00
Lease Land Amount
$0
Utilities
Electricity Available, Natural Gas Available, Phone Available, Water Available
Map
Community
- Address512 Laconia 6132001020 Los Angeles CA
- Area122 – Harbor Gateway
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
512 Laconia 6132001020
Los Angeles, CA
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