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Newest Los Angeles Land for Sale

$3,695,000
23252831 MLS Active Status
We are proud to exclusively present for sale a Redevelopment Opportunity in Hyde Park, South LA. Situated on Crenshaw Blvd. between W. 59th St. and W.59th Pl., This 14,397 SF C2-2D-SP Tier 4 double-lot has 100 feet of frontage. The property will be delivered vacant, with Demolition Plan Check in progress. The Project was issued a Letter of Determination in 2021 with Plans already submitted to Building and Safety, currently working on Plan Check Corrections. The building design consists of twenty Studios, twenty-three 1 Bedrooms, sixteen 2 Bedrooms and six three Bedroom Units. The Rec Room and Tenant Storage Room on the 1st level can potentially be converted to 3 ADUs in the future. Ten of the units will be dedicated to Affordable Housing. The design only features 3 parking spaces (two for commercial and one for residential), but the property is across the street from the Hyde Park Light-rail Metro Station. Future residents will enjoy a rooftop that will have expansive views looking far out to the rest of Los Angeles. Affordable Units can be rented to Section 8 tenants for increased rents, which have increased as of 11/1/2022 (see Section 8 page in OM). The Crenshaw/LAX Transit Project (K Line) Hyde Park Station across the street from the property will allow future tenants to commute between El Monte, Downtown LA, San Pedro and the rest of the Los Angeles Metropolitan Area. The property is a short 7 minute drive to The Kia Forum, a 10 minute drive to the Sofi Stadium and Intuit Dome (future home of the LA Clippers), and much more. This listing includes two APNs: 4005-002-011 & 4005-002-012.

5909 Crenshaw Boulevard, Los Angeles

$349,000
23247983 MLS Active Status
Incredible RTI Approved Plan opportunity to build your dream home in one of Northeast Los Angeles' most desirable neighborhoods! Located in Montecito Heights, this vacant lot boasts an incredible location a unique balance of privacy and proximity to all the sights and sounds of the city. Tucked away on a secluded street, you'll enjoy the tranquility and privacy that comes with living in this peaceful hillside community. Yet at the same time, you'll be just minutes away from all the excitement and energy of Downtown LA, Elysian Park, and Dodgers Stadium, Chinatown, and Highland Park. The current owner has already done much of the preliminary work, including obtaining approved plans for a modern 2-bed, 2-bath home with a pool, as well as conducting surveys, structural, and soil reports. This makes the development process much more convenient for the buyer and may even make this purchase financeable!One of the most incredible features of the property is the breathtaking views it offers of Downtown LA. From this hillside location, you'll be able to take in the dazzling skyline and watch the city come alive as the sun sets over the horizon.In short, this is an unparalleled opportunity to create your own private oasis in one of LA's hottest neighborhoods. Don't miss out on the chance to build the home of your dreams with stunning views and the perfect balance of privacy and convenience. Contact us today for plans, reports, and design package to see for yourself just how much potential this property holds! (Utilities in street and approved sewer easement in place to access through property on Rolle st)

4120 Raynol Street, Los Angeles

$4,250,000
23251934 MLS Active Status
We are excited to introduce 350 S Hayworth Ave, an RTI development site located in the bustling neighborhood of Beverly Grove. This site has already received RTI approval for a project comprising 20 units and is ready to be built as soon as escrow closes.The existing improvements on the lot, zoned LAR4 and measured at 7,526 square feet (buyer to verify), consist of a vacant 4-unit structure that is ready for demolition. The proposed plans include 16 one-bedroom, one-bathroom units, 4 two-bedroom, two-bathroom unit, three of which are subject to low income requirements. The covenant can be placed on other units as long as it replaces the bedroom count. (Buyer to verify)Averaging 917 SF, each spacious unit has been designed with the utmost care to attract the affluent tenant base looking to live in this dynamic and diverse area. The project was designed to minimize development cost by stacking units and avoiding subterranean parking which will save time and significant cost. To cap things off, there is a luxurious rooftop deck where tenants can socialize and unwind while taking in the incredible views. Beverly Grove is a highly desirable neighborhood in Los Angeles that offers an excellent quality of life for its residents. Located just east of Beverly Hills and west of Hollywood, Beverly Grove is known for its upscale shopping and dining options, as well as its proximity to some of the city's most popular attractions.One of the main draws of Beverly Grove is its shopping and dining scene. The neighborhood is home to several high-end shopping destinations, including the iconic Beverly Center and the luxury fashion boutiques on Melrose Avenue. There are also numerous restaurants, cafes, and bars in the area, ranging from trendy brunch spots to upscale fine dining establishments.Beverly Grove is also known for its cultural attractions, including the Los Angeles County Museum of Art (LACMA) and the Petersen Automotive Museum. These institutions offer world-class exhibitions and events throughout the year, providing residents with access to some of the city's most exciting cultural experiences.

350 N Hayworth Avenue, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.