

Rare opportunity to acquire approximately 6,750 SF development site in Los Angeles. The property currently consists of three existing structures and is being offered primarily for its land value, creating an opportunity for developers, builders, and investors to evaluate the site for its highest and best use. Location is a key advantage. The property is conveniently situated near major Los Angeles destinations including USC, BMO Stadium, the Natural History Museum, California Science Center, Crypto.com Arena, and the Los Angeles Convention Center. Restaurants, bars, pubs, and neighborhood amenities are accessible within walking distance along Western Avenue, with Downtown Los Angeles only a few miles away. The combination of a sizeable lot, existing improvements, and proximity to major employment, entertainment, educational, and cultural destinations makes this an opportunity worth exploring for developers seeking a Los Angeles redevelopment site. Bring your vision and evaluate the possibilities for redevelopment, subject to zoning, building codes, permits, and applicable governmental approvals. Buyers are advised to independently verify zoning, allowable uses, development standards, lot configuration, and all development potential with the appropriate governmental agencies. Offered at $1,500,000.
Lot Size
6,750 sqft
Days on Market
0
HOA Fee
N/A
MLS #
DW26162461
Fencing
Partial
Lot Features
Two To Five Units Acre, Six To Ten Units Acre, Value In Land
Sewer
Public Sewer
Water Source
Public
Storm Drains
$0
| Rating | School Name |
|---|---|
2 | Martin Luther King Jr. Elementary Elementary School |
N/A | ST CECILIA CATHOLIC SCHOOL Private School |
5 | Foshay Learning Center Elementary School |
4 | Lenicia B. Weemes Elementary Elementary School |
3 | Manual Arts Senior High High School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features