Vacant Lot for Sale in Los Angeles – A Rare Gem with Multi-Residential Potential!
Discover an unparalleled opportunity in the heart of Los Angeles! This prime vacant lot offers the potential to build multi-residential units, making it an exceptional find in a city where vacant land is increasingly scarce.
The lot is zoned R-3, an easily accessible corner lot ,and it’s also TOC TIER 1 Eligible for higher density building incentives.
Current renter utilizes lot for car storage. Tenant can vacate or new owner can receive rental income while permits and building entitlements are approved.
Situated in a sought-after area, this lot is perfect for developers or investors looking to maximize their ROI in a thriving real estate market. With zoning that supports multi-residential construction, you can bring your vision to life, creating housing that aligns with the city''s growing demand for quality living spaces.
Discover an unparalleled opportunity in the heart of Los Angeles! This prime vacant lot offers the potential to build multi-residential units, making it an exceptional find in a city where vacant land is increasingly scarce.
The lot is zoned R-3, an easily accessible corner lot ,and it’s also TOC TIER 1 Eligible for higher density building incentives.
Current renter utilizes lot for car storage. Tenant can vacate or new owner can receive rental income while permits and building entitlements are approved.
Situated in a sought-after area, this lot is perfect for developers or investors looking to maximize their ROI in a thriving real estate market. With zoning that supports multi-residential construction, you can bring your vision to life, creating housing that aligns with the city''s growing demand for quality living spaces.
Property Details
Price:
$525,000
MLS #:
SB24241158
Status:
Active
Baths:
0
Address:
8129 S San Pedro Street 6030006032
Type:
Land
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Nov 28, 2024
State:
CA
ZIP:
90003
Lot Size:
2,559 sqft / 0.06 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights, Urban
Lot Features
0-1 Unit/ Acre, Back Yard, Corner Lot, Front Yard, Value In Land
Sewer
Public Sewer
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Map
Community
- Address8129 S San Pedro Street 6030006032 Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
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Courtesy of Redfin Corporation. 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.8129 S San Pedro Street 6030006032
Los Angeles, CA
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