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.
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