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Discover the incredible potential of this R-2, just under 7,000 sq. ft CORNER LOT located in the vibrant heart of South Los Angeles. This lot provides an exceptional opportunity for developers seeking to capitalize on the high demand for housing in Los Angeles. The absence of rent control regulations makes it an attractive investment for constructing multifamily units, promising significant rental income potential. *The area is experiencing a surge of growth and development, making it a prime location for new projects and innovative housing solutions. This property is located within a short distance and close proximity to USC, BMO Stadium and Crypto Arena, SoFi Stadium and shopping centers, LA Live, Santa Monica-Expo Line, the upcoming George Lucas Museum, making it the center of all things cultural, food, arts, and entertainment.*Don't miss out on this exceptional opportunity to invest in a property that combines strategic location, excellent connectivity, and unmatched development potential. Whether you're a seasoned investor or a visionary developer, this lot is your canvas to create a thriving residential community in the heart of Los Angeles. ***Existing structure is a SFR delivered vacant
Property Type(s):
Lot/Land/Acreage
| Last Updated | 3/7/2025 | Community | Park Hills Heights |
|---|---|---|---|
| County | Los Angeles |
Price History
| Prior to Mar 7, '25 | $921,000 |
|---|---|
| Mar 7, '25 - Today | $889,000 |
Additional Details
| AREA | Park Hills Heights |
|---|---|
| LOT | 6940 sq ft |
| LOT DESCRIPTION | Flat, Rectangular Lot, Value In Land |
| LOT DIMENSIONS | 55x126 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| ZONING | LAR2 |
Location
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Listed with Devenio Estates
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, 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 CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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