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$2,400,000
Est. payment /mo
0.48 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-24788
HOA Y/N No
Lot Size 0.483 Acres
Property Description
Offered as a land assemblage for $2,400,000, this rare opportunity includes three parcels (APNs 5160-019-030, 031 & 032) totaling approx. 21,021 SF (0.48 acres) in the rapidly revitalizing Westlake neighborhood just west of Downtown LA. Property includes a vacant duplex and anoccupied SFR with a tenant buyout secured and vacancy scheduled for June 1, 2026. Zoned R4(CW)-75/3-0 (400 SF land/unit, 75' height, 3.0 FAR), offering strong redevelopment potential with multiple strategies: redevelop the entire site, build new on vacant lot, add units under orADUs, or land bank for future value. Seller may consider selling lots individually.Do not disturb tenants.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning R4(CW)-75/3-O
Interior
Fireplace No
Exterior
Fence None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Sprinklers None
Water Public
Others
Senior Community No
Tax ID 5160019030
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
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Listed by Roger Phillips Keller Williams Realty (310) 721-2896
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