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$975,000
Est. payment /mo
3 Beds
1 Bath
930 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 930 sqft
Price per Sqft $1,048
MLS Listing ID 26658041
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1925
Lot Size 5,248 Sqft
Property Sub-Type Single Family Residence
Property Description
We are pleased to present for sale an exceptional development opportunity located in the heart of West Adams! Situated on a 5,200 sq ft flat lot (40 ft x 130 ft) with RD1.5 zoning, this property offers outstanding potential for redevelopment. Ideal for a brand-new fourplex or small-lot subdivision project (buyer to verify). The existing 3 BD/1 BA single-family residence will be delivered vacant at close of escrow, providing a clean slate for immediate planning and construction. SB 8 clearance letter is already in hand confirming no low-income replacement requirement, significantly streamlining the development process. No tenant relocation required. Located within an Opportunity Zone, this property presents additional potential tax advantages for investors (buyer to verify with CPA). The flat topography makes site planning efficient and cost-effective. Centrally positioned near the vibrant dining, shopping, and transit options that make West Adams one of Los Angeles' most dynamic and rapidly evolving neighborhoods. Convenient access to Culver City, DTLA, USC, and major transportation corridors. A rare chance to secure a vacant, development-ready lot in a strong rental and growth corridor. Contact listing agent for more details!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Exterior
Parking Features Driveway
Pool None
View Y/N No
View None
Private Pool No
Building
Entry Level One
Architectural Style See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5043002012
Special Listing Condition Standard
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Listed by Daniel Shamooelian Keller Williams Beverly Hills #01984269
NEARBY SCHOOL & BUSINESS
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