This is an affordable housing development opportunity at 7311 S Figueroa St, located just south of W Florence Ave in South Los Angeles. The 12,480 SF lot will be delivered fully entitled for 144 income-restricted housing units and 1manager 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 seven story project, utilizing Type III over Type IA construction for a stacked design reducing construction costs for the developer. The existing 7 units/retail 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 62,735 SF and has a desirable unit mix of 141 x one-bedrooms and 4 x two-bedrooms.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 projectsopens 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 from W Florence Ave; walking distance to multiple Metro local lines on S Figueroa St.The subject property is walking distance to retail amenities, specifically three retail strip centers at the corner of W Florence Ave & S Figueroa St; nearby to the Childrens Institute Inc., Sixty-Eighth Stree Elementary School, and Loren Miller Elementary School. Parcel numbers 6020-025-014 & 6020-025-015.
Courtesy: eXp Realty of Southern CA
This is an affordable housing development opportunity at 843 W82nd St, located between S Vermont Ave and S Hoover St inSouth Los Angeles. The 9,301 SF lot will be delivered fully entitled for87 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 five story project, utilizing Type III construction for a fully stacked design reducing construction costs for the developer. The existing duplex 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 48,123 SF and has a desirable unit mix of 4 x singles, 79 x one-bedrooms, and 5 x two-bedrooms.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 projects 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 from Manchester Ave; walking distance to multiple Metro local lines on S Vermont Ave.The subject property is walking distance to retail amenities along S Vermont Ave; nearby to Loren Miller Elementary School, Frederick K.C. Price III Christian Schools, and the Algin Sutton Recreation Center.
[ SELLER MAY CARRY ] Nestled in the heart of the Hollywood Hills at 8140 Gould Ave, Los Angeles, CA, this property is one of the Largest lots offered in the area at almost 0.4 ACRES, and is an exceptional opportunity for a lucrative development. This lot is adjacent to 2 BRAND NEW BUILDS with mid-century modern architecture and exquisite design, which can be seen in the photos. Its prime location grants easy access to the vibrant energy of the Sunset Strip while providing a serene retreat from the bustling city and surrounded by estates that sell from $4M - $7M! This property also allows you to maximize your equity by building up to 4 stories and potentially up to 3-4 units if you wish to split living quarters (verify with city). The utilities are conveniently located at the street's edge, awaiting connection. Whether you dream of building your own custom masterpiece or embarking on a profitable development project, the breathtaking views and strategic location ensure endless possibilities. Imagine waking up to panoramic vistas of the downtown Los Angeles skyline, an experience that awaits the fortunate owner of this prestigious address. Indulge in the pinnacle of Los Angeles living, where you are just a few minutes from hiking to the Hollywood sign, Walk of Fame, and world famous shopping on Rodeo Drive. Your opulent life of luxury awaits. Make offer today!
Courtesy: SOLA JIMA PROPERTIES, INC.
Seller would like to sell the parcel in conjunction with APN #3322-029-018 & 3370-001-029 if your buyer is interested!! Surrounded by Million dollar homes!!!!! making for a great place to build your next project. Minutes from downtown Los Angeles where you can find great food, shopping and entertainment. Buyers please do your own investigation into the detail of the parcel, Investor let's talk!
Lincoln Heights Builder Investor Dream Residential Lot Ready to be Build Easy access to Everything Los Angeles Dodgers Stadium Down Town LA Near Major Freeway 5- 101-110- 10 Freeway This is an Opportunity of your Lifetime Check for city permits on adding a Mobil Manufacture or Real Home since it is residential you could check to add a Home up to Four Units
Motivated Sellers. All permits for construction are"ready-to-issue" (RTI) upon payment of permit fees. Appropriate documents will be available for review as part of the escrow process. A rare opportunity to build a dream home on almost a 1/4 acre of land in the heart of Mt. Washington. This exceptional lot has a gentle upslope and spectacular views where you can enjoy romantic sunsets. The property is located in the coveted Mt. Washington elementary school district, which is minutes away, and is also a short distance from some of the finest educational facilities in Los Angeles. Mt Washington is a rare enclave with lush country style living that is near all of the hip hot spots of Highland Park and Eagle Rock. Great freeway access zips you easily to Downtown LA, Hollywood, Pasadena and most urban centers in Northeast and Central LA.
Courtesy: eXp Realty of California
Courtesy: COLDWELL BANKER DYNASTY/TC
Incredible opportunity to build your dream home in the highly sought-after Hollywood Hills East next to the Reservoir! This land listing offers stunning and exclusive views, making it the perfect location for your Hollywood dream home. The property consists of two combined lots, providing you with double the space to create your ideal living space. Situated on a quiet cul-de-sac and surrounded by luxurious multi-million dollar homes, this development property is truly exceptional.With planned renderings, there is the exciting possibility of adding a pool and deck to enhance your outdoor living experience. Additionally, the location is conveniently close to Lake Hollywood Park and Reservoir, as well as popular attractions such as the Hollywood Bowl Overlook and Griffith Observatory. Within minutes, you can also reach the vibrant heart of Hollywood Blvd, offering endless entertainment options. Not only does this property offer incredible views and a prime location, but it is also in close proximity to excellent schools, parks, shopping, and dining establishments. Take advantage of this amazing opportunity and start construction on your dream home today! Please note that the two lots are being sold together for one price. However, it is important to mention that the property does not currently have a ready-to-issue permit. The APN for 6454 is #5577-032-011. Seller hired an architect with plans to build a 6 bed 5 bath 6500 sqft home with an infinity pool, elevator and ADU! Please Note: 6310 Mirror Dr, a stunning property new build with 6 bedrooms, 8 bathrooms, and 6,300 square feet, was sold on March 9, 2023, for an impressive price of $5.9 million. Although this property does not offer a view, it boasts luxurious features and ample living space.Another notable property is located at 2832 Durand Dr. This property underwent a remodel and was sold in February 2022 for $5.850 million. Currently, there are two active comp listings in the area, priced at $5 million and $5.8 million respectively. These listings present an exciting opportunity for new builds in this desirable neighborhood.
Courtesy: The Executive Realty Group
APN: 5306-016-055. Approx 7,590 SF lot. Zoning LARE20. Great opportunity to build your dream home at Elephant Hill in the lovely neighborhood of El Sereno with gorgeous mountain and city views! Vacant raw land just minutes away from Downtown LA. Please check with city of Los Angeles Building and Safety for specific questions and details. No reports or surveys available. All utilities are nearby. Buyer to verify all information and rely on their own investigations. Sold AS IS; WHERE IS. Drive by and MAKE OFFER.
Courtesy: Real Estate eBroker, Inc.
Courtesy: Coldwell Banker Realty
Courtesy: Keller Williams Beverly Hills
Courtesy: Keller Williams Beverly Hills
Courtesy: Keller Williams Realty
Courtesy: Marcus & Millichap
Courtesy: The Agency
Courtesy: AKGRE Inc
Courtesy: Keller Williams Beverly Hills
Courtesy: The Agency
Courtesy: The Agency
Courtesy: Sotheby's International Realty
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.
