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… Read More (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! Read Less
Property listed by Keller Williams Beverly Hills, Daniel Shamooelian 310-432-6400
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
1
Square Ft.
930
Lot Size
0.12 Acres
Year Built
1925
MLS Number
26658041
Additional Details
Building
Built in 1925, Living area: 930.0, Levels: One
Fireplaces
None
Lot
0.1205 acres, Dimensions: 40x130
Parking
Driveway
Pool
None
Taxes
Parcel Number: 5043002012, Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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