This is a wonderful opportunity to build a dream home in one of Los Angeles' most sought-after neighborhoods. The lot is over 11,000 square feet and is rare, in that it is one of the last gently sloping lots in the area. The fantastic view to the south through the valley and out into the Downtown area is not to be missed. The neighborhood has a wonderful, vibrant community that is very walkable and full of all the great coffee shops, restaurants and bars that Highland Park & Eagle Rock have to offer - in addition, only a short distance away from Occidental College. All previously obtained surveys, studies and reports will be included in the sale, supporting that it is a well vetted property with solid grounds for building that dream home. In addition, there are plans for a 3 bed, 3 bath home that were fully signed off by the city upon request. Don't miss out on the chance to have the home of your dreams!
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMIT! Excellent development opportunity or build your dream home with city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home.
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMIT! Excellent development opportunity or build your dream home with breathtaking city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home.
IF INTERESTED, JUST SUBMIT! OWNER FINANCING AVAILABLE! Excellent development opportunity or build your dream home with breathtaking city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home. This lot can be purchased as a bundle with 2 other lots on the same street for a discounted price. Owner financing is available!
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMIT! Excellent development opportunity or build your dream home with city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home. This lot can be purchased as a bundle with the lot right next to it for a discounted price.
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMIT! This sale includes 4 back to back parcels on the same street with the following APN's: 5227011005, 5227011006, 5227011007, 5227011008. Each lot can also be purchased individually or a bundle offered at a discounted price. Excellent development opportunity or build your dream home with city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home.
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMIT! Excellent development opportunity or build your dream home with city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home. The street is located on the bottom side of the lot, no sub-pumps are necessary. This lot can be purchased as a bundle with 3 other lots on the same street for a discounted price.
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMIT! Excellent development opportunity or build your dream home with city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home. The street is located on the bottom side of the lot, no sub-pumps are necessary. This lot can be purchased as a bundle with 3 other lots on the same street for a discounted price.
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMIT! Excellent development opportunity or build your dream home with city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home. The street is located on the bottom side of the lot, no sub-pumps are necessary. This lot can be purchased as a bundle with 3 other lots on the same street for a discounted price.
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMIT! Excellent development opportunity or build your dream home with breathtaking city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home.
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMITED! Excellent development opportunity or build your dream home with breathtaking city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home. The street is located on the bottom side of the lot, no sub-pumps are necessary. This lot can be purchased as a bundle with 3 other lots on the same street for a discounted price.
OWNER FINANCING AVAILABLE! IF INTERESTED, JUST SUBMIT! Excellent development opportunity or build your dream home with breathtaking city views. Located in the highly sought-after community of City Terrace near Downtown Los Angeles, freeways, amazing food, and shopping. LCR2 zoning allows you to build an incredible modern single-family home. This lot can be purchased as a bundle with 3 other lots on the same street for a discounted price.
MAJOR PRICE REDUCTION!!! PRICE REDUCED $1,000,000!!! 12124 Pacific Avenue is a phenomenal multifamily development site in the heart of the highly coveted neighborhood of Mar Vista. The property is being sold with plans and is close to being RTI. This is an extraordinarily rare opportunity to purchase an oversized 30,001 sq. ft. R3 Lot in a prime West Los Angeles location. The current plans allow a developer to construct a 97,964 sq. ft. 92 Unit building with an excellent unit mix consisting of: 1 Three Bedrooms + Three Baths, 1 Three Bedrooms + Two Baths, 32 Two Bedrooms + Two Baths, 7 Lofts with One Bedroom + Office + Two Baths, 34 One Bedroom + Office + One Bath, 17 - One Bedroom + One Bath. The 92 total units in the building include 18 ADUs as well as 11 Very Low Income Units. Owner can apply for additional density pursuant to the new State Density Bonus Law AB 1287. This will increase the density to 107 total units (86 Units plus 21 ADUs). The property is comprised of two lots with separate APN's that could be sold individually or together. Located within the heart of Mar Vista, this prime development site enjoys all the advantages of a thriving community. Nestled between the Pacific Ocean and vibrant urban centers, Mar Vista offers an idyllic coastal lifestyle with easy access to the city's amenities and job hubs. Known for its picturesque streets, green spaces, and proximity to Silicon Beach, Mar Vista continues to attract residents seeking a balanced urban-coastal lifestyle. Mar Vista's real estate market has shown remarkable resilience and growth. This multifamily site is a strategic investment that aligns perfectly with the demand for housing in the area and undoubtedly will seamlessly blend with the neighborhood's character, providing a living experience that enhances the vibrant Mar Vista community. OM is available upon request.
Los Angeles is located in California. Los Angeles, California has a population of 3,902,440. Los Angeles is less family-centric than the surrounding county with 29.48% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.