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Rare South Bay Investment Opportunity – Huge Lot with Major UpsideUnlock the full potential of this rare 4-unit income property located on a massive lot in a prime South Bay location. With LA1.5 zoning and a proven neighborhood precedent for higher-density development, this is an exceptional opportunity for investors, developers, or savvy owner-users.Each of the four existing units features 2 bedrooms, private laundry hookups, and a functional layout ideal for steady rental income or future repositioning.What truly sets this property apart is the redevelopment potential—the lot next door to the west has 9 units, the one just beyond that boasts 12 units, and a 5-unit townhouse development sits two doors down (all with the same lot size). The possibilities here are substantial for anyone looking to maximize density and value.Centrally located with easy access to the freeway, local beaches, a nearby hospital, and walking distance to the park, the location offers strong appeal for tenants and future buyers alike.Whether you're buying and holding, house hacking, or planning a ground-up development, this property offers the size, zoning, and surrounding comps to support a serious upside.Opportunities like this don’t come around often—seize it while you can.
Property Type(s):
Residential Income
| Last Updated | 4/6/2025 | Year Built | 1965 |
|---|---|---|---|
| Community | Harbor City | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Harbor City |
| GARAGE | Assigned |
| HEAT | Wall Furnace |
| INTERIOR | All Bedrooms Down |
| LOT | 7606 sq ft |
| LOT DESCRIPTION | 36-40 Units/Acre |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow |
| UTILITIES | Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Connected,Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LARD1.5 |
Location
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Listed with Harvest Realtors, Inc.
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.
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