Listing by: Matthew Palanca, Keller Williams Realty, 888-456-5789
0 Beds
n/a Full bath
n/a SqFt
Active
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.
Property Details | ||
---|---|---|
Price | $1,800,000 | |
Lot Size Area | 35360 | |
Lot Size Area Units | Square Feet | |
Acres | 0.8118 | |
Property Type | Land | |
Features | Electricity Available,Natural Gas Available,Phone Available,Water Available | |
Exterior Features | Curbs,Sidewalks | |
View | None | |
Lot Description | Lot 20000-39999 Sqft | |
Association Fee | 0 | |
Geographic Data | ||
Directions | S Figueroa St and Laconia Blvd | |
County | Los Angeles | |
Latitude | 33.918811 | |
Longitude | -118.283528 | |
Market Area | 122 - Harbor Gateway | |
Address Information | ||
Address | 512 Laconia, Los Angeles, CA 90044 | |
Postal Code | 90044 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Keller Williams Realty | |
Listing Agent | Matthew Palanca | |
Listing Agent Phone | 888-456-5789 | |
Attribution Contact | 888-456-5789 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Ownership | None | |
MLS Information | ||
Days on market | 242 | |
MLS Status | Active | |
Listing Date | Dec 28, 2023 | |
Listing Last Modified | Apr 26, 2024 | |
Tax ID | 6132001020 | |
MLS Area | 122 - Harbor Gateway | |
MLS # | PW23230495 |
This information is believed to be accurate, but without any warranty.