Share This Listing

Message

917 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

2924 S Orange Dr
Los Angeles, CA 90016
2924 S Orange- West Adams Development Site · Multifamily Property For Sale · 2 Units

Investment Highlights

  • ?Contiguous LAR3-Zoned Development Site
  • Difficult-to-Replicate Infill Site in a Land-Constrained Corridor
  • ?Approximately 750 Feet from the La Brea/Expo E Line Station

Executive Summary

Rare opportunity to control approximately 14,415 square feet of contiguous LAR3-zoned land in one of West Adams’ most strategically positioned infill locations.?
Located at 2924 S Orange Drive and 2929 S Mansfield Avenue, this two-parcel assemblage creates a unified development footprint that is increasingly difficult to reproduce in central Los Angeles.? Positioned approximately 750 feet from the La Brea/Expo E Line station, the site offers direct access to Culver City, Downtown Los Angeles, Santa Monica, and the region’s expanding technology, media, entertainment, and creative employment base.?
The property’s LAR3 zoning and identified Tier 3 TOC positioning may support increased residential density, reduced parking requirements, and additional incentives for a qualifying project.? More importantly, the contiguous configuration gives developers something that cannot easily be manufactured later: control, scale, design flexibility, and long-term optionality in a land-constrained urban corridor.?
The offering may be evaluated for multifamily development, phased development, land banking, or a longer-term hold strategy.? Qualified buyers seeking additional scale may also independently explore potential neighboring assemblage opportunities, creating another possible path toward an expanded footprint and greater development flexibility.?
This is not simply a land acquisition.? It is an opportunity to secure a difficult-to-replicate position near rail, employment, and continued residential demand before comparable sites become even harder and more expensive to assemble.?
The strongest development sites are not simply defined by what can be built today.? They are defined by the options they preserve for tomorrow.?
Call/Text: (323) 815-0582
Email: Luis@cbi-commercial.?com
Buyer to independently verify all property information, zoning, TOC eligibility, allowable uses, density, incentives, site dimensions, Opportunity Zone status, development capacity, and the availability of any neighboring parcels.?

Property Facts

Price Per Unit $968,519 CAD
Sale Type Investment
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 1,514 SF
No. Stories 1
Year Built 1970
Opportunity Zone Yes
Zoning LAR3 - Commercial

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - -

Property Taxes

Property Taxes

Parcel Number
5049-032-047
Land Assessment
$303,663 CAD
Improvements Assessment
$106,269 CAD
Total Assessment
$409,932 CAD
  • Listing ID: 41425709

  • Date on Market: 2026-07-24

  • Last Updated:

  • Address: 2924 S Orange Dr, Los Angeles, CA 90016

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}