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Key Details
Sold Price $720,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24469769
Sold Date 04/25/25
HOA Y/N No
Lot Size 9,304 Sqft
Property Description
PRICE REDUCED! We are pleased to present for sale a wonderful development opportunity located in the Vermont Knolls neighborhood of South Los Angeles! Located on an oversized 9,300 sqft lot zoned R3-1, the subject property is an excellent fit for an ED1 100% fully affordable project OR build up to 22 units using TOC Tier 1 incentives. The site is a single family owner occupied home that will be delivered VACANT = no dealing with tenant relocation or SB 8 low income replacement!! The lot measures 50 by 186 ft and is FLAT. Low price per square foot of just $91/SF on current asking price. Located in South LA walking distance to Smart & Final, Chase, McDonalds, Subway, freeways, and more. Do not miss this opportunity to build in a high rental demand pocket of Los Angeles at this low of a low price point!! Contact listing agent for more details.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR4
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 6032027008
Special Listing Condition Standard
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Bought with Daniel Shamooelian • Keller Williams Beverly Hills
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935