Los Angeles CA Land for Sale
$1,849,000
Don Ricardo Drive Los Angeles, CA 90008
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.33 Acres
- Baths:
- MLS#:
- CRCV23199199
View additional info
Courtesy: CB RICHARD ELLIS
ADDITIONAL INFORMATION
4529 Don Ricardo Drive (the "Property"), a 27-unit, ±14,572 SF multifamily development opportunity, in the Baldwin Hills Estates neighborhood of Los Angeles. Nestled between two condo developments on Don Ricardo Drive between Hillcrest Drive and Don Jose Drive, the offering presents a unique opportunity to acquire a parcel of land atop the Baldwin Hills Estates hillside with unobstructed panoramic views of Downtown Los Angeles, Hollywood, and West Los Angeles. The Baldwin Hills-Crenshaw neighborhood has seen an increasing amount of attention from developers due to the Crenshaw/ LAX Metro rail line expansion project. Major thoroughfares surrounding the land parcel include La Brea Avenue, Crenshaw Boulevard and Stocker Boulevard. The location offers a myriad of retail options, a plethora of major employers nearby, excellent accessibility to coastal cities and highways that connect to the rest of Southern California. 4529 Don Ricardo Drive will feature a six-story, 27-unit building with contemporary-style exterior and interior design, fully-equipped luxury in-unit amenities, and a rooftop deck featuring a pool, cabanas, yoga deck, dog park, BBQ grills, and more. The development is situated on one parcel of land for a total lot size of ±14,572 SF. The architectural plans propose fo
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Baths:
- MLS#:
- 23280391
ADDITIONAL INFORMATION
UNIQUE DEVELOPMENT OPPORTUNITY! Exceptional vacant lot nestled on a serene cul-de-sac, presenting an ideal canvas for developers. Revel in breathtaking panoramic vistas that encompass the sprawling LA basin, dazzling city lights, skyline views, expansive mountain ranges, and the iconic Hollywood Sign. Take advantage of the included architect plans, including geo reports, providing a head start on your vision. This coveted property is situated in the upscale Baldwin Hills neighborhood with highly prestigious developments, which further enhances it's desirability.
Los Angeles Real Estate
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90008 has a population of 3,902,440. Los Angeles 90008 is less family-centric than the surrounding county with 28.08% 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 90008 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 90008 is 36.2 years.
Los Angeles Weather
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.