Los Angeles CA Land for Sale

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Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Baths:
MLS#:
24463887

ADDITIONAL INFORMATION

Seize this incredible opportunity to develop in the dynamic part of town - right between Hancock Park and Koreatown! This large vacant lot consists of two separate APN's with a combined area of 13,314 square feet. The R3-2 zoning offers a blank slate for your visionary project. The building is almost RTI for 29 units with a total of 40,000 sq. ft. And 53 parking spaces. Renderings of proposed building found in pictures. Alternatively, a feasibility report has been done for affordable housing comfortably fitting 144 units. Whether you envision building 29-unit luxury condo residences or building affordable housing, the potential is immense! Sold together with 550 S Wilton Pl, this prime location is your chance to create something extraordinary in one of LA's most vibrant neighborhoods. Don't let this opportunity pass you by!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Baths:
MLS#:
24463865

ADDITIONAL INFORMATION

Seize this incredible opportunity to develop in the dynamic part of town - right between Hancock Park and Koreatown! This large vacant lot consists of two separate APN's with a combined area of 13,314 square feet. The R3-2 zoning offers a blank slate for your visionary project. The building is almost RTI for 29 units with a total of 40,000 sq. ft. And 53 parking spaces. Renderings of proposed building found in pictures. Alternatively, a feasibility report has been done for affordable housing comfortably fitting 144 units. Whether you envision building 29-unit luxury condo residences or building affordable housing, the potential is immense! Sold together with 544 S Wilton Pl, this prime location is your chance to create something extraordinary in one of LA's most vibrant neighborhoods. Don't let this opportunity pass you by!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Baths:
MLS#:
24-463887

ADDITIONAL INFORMATION

Seize this incredible opportunity to develop in the dynamic part of town - right between Hancock Park and Koreatown! This large vacant lot consists of two separate APN's with a combined area of 13,314 square feet. The R3-2 zoning offers a blank slate for your visionary project. The building is almost RTI for 29 units with a total of 40,000 sq. ft. And 53 parking spaces. Renderings of proposed building found in pictures. Alternatively, a feasibility report has been done for affordable housing comfortably fitting 144 units. Whether you envision building 29-unit luxury condo residences or building affordable housing, the potential is immense! Sold together with 550 S Wilton Pl, this prime location is your chance to create something extraordinary in one of LA's most vibrant neighborhoods. Don't let this opportunity pass you by!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.24 Acres
Baths:
MLS#:
24444893

ADDITIONAL INFORMATION

3 or More Options - Option 1 - Hold as conventional rental and add 2 ADUs; Option 2 - Develop-Build up to 50 potential units with AB 1287 or 26 units By-Rightbased on R4-2 zoning, Tier 3 TOC Zone. Density Bonus added. Opportunity Zone. (Independently verify with City Planning and/or other planning professionals) (PropertyReport available on request) Option 3 - Hold as conventional rental and develop later. ADU concepts based on a Consultant Schematic. ADU units and associated rents areprojected. The rather conventional 50s exterior belies the interior vintage style. Unit interiors average just under 1500 SF. Most units retain vintage design touches withupdated modern amenities. More like homes than apartments, the units give the sense of being in a charming Hancock Park home. A truly, one-of-a kind building. Oh, anddid I mention it's smack dab in the middle of the Korea Town scene. Short distance to the iconic Chapman Plaza and public transportation. WalkScore.com: 95. Severalexterior virtual pictures including the main photo showing many color options have been added to the photos along with the current interior & exterior property photos. Clickon video links to see drone view. Gross income includes parking, laundry and other income in addition to projected rents for the possible addition of ADUs.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Baths:
MLS#:
23340263
Subdivision:
Norwood Terrace

ADDITIONAL INFORMATION

Introducing an exceptional opportunity, RTI, Ready-to-Issue 19-Unit non-rent-controlled development in the heart of Koreatown. Strategically positioned in close proximity to the Wilshire/Western Metro Subway Station, this development is surrounded by the vibrant neighborhoods of Koreatown, Silver Lake, Hollywood, and Downtown. This exquisitely designed 5-story construction project, inclusive of a one-level basement parking garage, is a testament to thoughtful planning and contemporary aesthetics. Comprising seventeen 2-bedroom & 2-bathroom units and two 3-bedroom & 2-bathroom units, the development offers a harmonious blend of functionality and sophistication. With a generous rentable/living area spanning approximately 15,400 square feet, the apartments vary in size from 728 to 1,110 square feet, providing a diverse range of living options to cater to various preferences. The building also boasts 22 parking spaces, ensuring convenience for residents. Moreover, this project is committed to fostering inclusivity by incorporating 1 Extremely Low-Income unit and 2 Very Low-Income units, contributing to the community's diverse housing needs. Embrace the prospect of investing in a development that not only exemplifies architectural excellence but also aligns with a vision of creating a socially responsible living space in one of Los Angeles' most dynamic neighborhoods.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


Based on information from Combined LA/Westside Multiple Listing Service, Inc. as of {{last updated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



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 90020 has a population of 3,902,440. Los Angeles 90020 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 90020 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 90020 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.

Los Angeles Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    64
    30-day change

Los Angeles Schools and Demographics

Education near Los Angeles, CA

Metric City County
High School Graduates 78.36 80.04
College Degree - 2 year 6.27 7.04
College Degree - 4 year 36.17 34.04
Graduate Degree 8.06 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
Commonwealth Avenue Elementary School KG - 05 764 23.1 90004
Frank Del Olmo Elementary School KG - 06 778 23.2 90004
Hoover Street Elementary School KG - 05 806 23.7 90005
Leo Politi Elementary School KG - 05 732 22.2 90006
Los Angeles Elementary School KG - 05 803 24.7 90006
Magnolia Avenue Elementary School KG - 06 1,103 22.7 90006
Third Street Elementary School KG - 05 715 24.7 90004
Wilton Place Elementary School KG - 05 780 21.1 90005

Middle Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
Berendo Middle School 06 - 08 919 17.3 90006
Equitas Academy Charter #3 KG - 04 0 90005
John Burroughs Middle School 06 - 08 1,849 27.7 90005
Monsenor Oscar Romero Charter Middle School 06 - 08 304 23.4 90006
Rise Kohyang Middle 06 - 08 324 29.4 90010
Virgil Middle School 06 - 08 904 20.9 90004
Young Oak Kim Academy 06 - 08 928 29.5 90005

High Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
Camino Nuevo High No. 2 09 - 12 469 27.9 90004
Central City Value School 09 - 12 470 22.4 90004
RFK Community Schools- for the Visual Arts and Humanities 09 - 12 453 20 90005
RFK Community Schools-Los Angeles High School of the Arts 09 - 12 425 17.9 90005

Ungraded Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
* Soledad Enrichment Action Charter High School 09 - 12 1,049 20.2 90004
Frances Blend Special Education Center KG - 06 56 7 90004
RFK Community Schools-Ambassador-Global Leadership 06 - 12 622 22.4 90005
RFK Community Schools-New Open World Academy K-12 KG - 12 1,111 21.2 90010
RFK Community Schools-UCLA Community K-12 KG - 12 1,033 23.1 90005

Demographics near Los Angeles, CA 90020

Metric Zip Code City
Neighborhood Type Inner City
Population 3,902,440 10,019,635
Population Density 8,327 2,469
Median Age 36.2 37
People per Household 2.8 2.9
Median Household Income 69,778 76,367
Average Income per Capita 39,378 37,924