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$1,500,000
Est. payment /mo
6,750 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26162461
Lot Size 6,750 Sqft
Lot Dimensions 50 x 135
Property Sub-Type Lots/Land
Property Description
Rare opportunity to acquire approximately 6,750 SF development site in Los Angeles. The property currently consists of three existing structures and is being offered primarily for its land value, creating an opportunity for developers, builders, and investors to evaluate the site for its highest and best use. Location is a key advantage. The property is conveniently situated near major Los Angeles destinations including USC, BMO Stadium, the Natural History Museum, California Science Center, Crypto.com Arena, and the Los Angeles Convention Center. Restaurants, bars, pubs, and neighborhood amenities are accessible within walking distance along Western Avenue, with Downtown Los Angeles only a few miles away. The combination of a sizeable lot, existing improvements, and proximity to major employment, entertainment, educational, and cultural destinations makes this an opportunity worth exploring for developers seeking a Los Angeles redevelopment site. Bring your vision and evaluate the possibilities for redevelopment, subject to zoning, building codes, permits, and applicable governmental approvals. Buyers are advised to independently verify zoning, allowable uses, development standards, lot configuration, and all development potential with the appropriate governmental agencies. Offered at $1,500,000.
Location
State CA
County Los Angeles
Direction 110 North to MLK Jr Blvd, go west 6 blocks, right on Brighton, 2 blocks right side
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available Cable TV, Electric, Telephone
View Y/N No
Others
Senior Community No
Tax ID 5036015034
Acceptable Financing Cash, Exchange, Seller May Carry
Listing Terms Cash, Exchange, Seller May Carry
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Listed by Ashley Muller, DRE#02230683 Better Homes and Gardens Real Estate
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