Listing by: Lisa Gillett, Devenio Estates Inc.

0 Beds

n/a Full bath

n/aSqFt

Active

Discover the incredible potential of this R-2, just under 7,000 sq. ft LOT located in the vibrant heart of South Los Angeles. This lot provides an exceptional opportunity for developers seeking to capitalize on the high demand for housing in Los Angeles. The absence of rent control regulations makes it an attractive investment for constructing multifamily units, promising significant rental income potential. *The area is experiencing a surge of growth and development, making it a prime location for new projects and innovative housing solutions. *Proximity to USC: Just minutes away from the University of Southern California, a world-renowned educational institution providing a steady demand for housing from students, faculty, and staff. *Cultural Attractions: A short distance from the upcoming George Lucas Museum of Narrative Art, which promises to be a major cultural landmark drawing visitors from all over. *Transportation Hub: Easy access to the Santa Monica Expo Line, offering convenient public transportation options that connect directly to downtown Los Angeles and the beautiful beaches of Santa Monica. *Sporting and Entertainment Venues: Close to SoFi Stadium, home of the Los Angeles Rams and Chargers, BMO Stadium, and the iconic Crypto Arena, ensuring year-round entertainment and sports events. *LA Live: Situated near the bustling entertainment complex, featuring a range of dining, shopping, and entertainment options. *Don't miss out on this exceptional opportunity to invest in a property that combines strategic location, excellent connectivity, and unmatched development potential. Whether you're a seasoned investor or a visionary developer, this lot is your canvas to create a thriving residential community in the heart of Los Angeles. ***Subject to teardown of existing SFR. Schedule your private tour today!

Property Details
Price $921,000
Lot Size 55x126
Lot Size Area 6940
Lot Size Area Units Square Feet
Acres 0.1593
Property Type Land
View City Lights
Lot Description Rectangular Lot,Value In Land
Geographic Data
Directions south of Vernon Ave and west of Western Ave
County Los Angeles
Latitude 34.002538
Longitude -118.311518
Market Area PHHT - Park Hills Heights
Address Information
Address 1800 W 45th Street, Los Angeles, CA 90062
Postal Code 90062
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Devenio Estates Inc.
Listing Agent Lisa Gillett
Special listing conditions Probate Listing
Virtual Tour URL https://www.youtube.com/watch?v=XW92PP7dgaY
MLS Information
Days on market 8
MLS Status Active
Listing Date Jan 5, 2025
Listing Last Modified Jan 13, 2025
Tax ID 5015002001
MLS Area PHHT - Park Hills Heights
MLS # 24465949

This information is believed to be accurate, but without any warranty.
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