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DEVELOPERS - DON'T MISS THIS OPPORTUNITY! Exceptional opportunity to acquire a 19,500 SF corner lot in the City of Los Angeles with significant development potential. Preliminary concepts indicate the potential for approximately 140 units of affordable housing, subject to city approvals. The property offers a compelling basis at approximately $20,000 per potential unit, providing an attractive entry point for developers seeking a large-scale residential development opportunity. Conveniently located near freeways, schools, shopping, and everyday amenities, making this an attractive location for a residential development project. The seller may consider financing for a qualified buyer, potentially providing additional flexibility through the RTI process.
Property Type(s):
Residential Income
| Last Updated | 8/24/2026 | Year Built | 2023 |
|---|---|---|---|
| Community | 119 - Central Gardena | Garage Spaces | 54.0 |
| County | Los Angeles |
Price History
| Prior to Mar 9, '26 | $2,850,000 |
|---|---|
| Mar 9, '26 - Aug 24, '26 | $2,950,000 |
| Aug 24, '26 - Today | $2,900,000 |
Additional Details
| AREA | 119 - Central Gardena |
|---|---|
| GARAGE | Yes |
| LOT | 0.4458 acre(s) |
| LOT DIMENSIONS | 19421 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 4 |
| WATER | Public |
Location
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Listed with Keller Williams Realty-Studio City
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 2026.
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