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705 W El Segundo Blvd - Land for Housing Development Opportunity 0.43 Acres of Residential Land Offered at $2,791,840 CAD in Los Angeles, CA 90247

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INVESTMENT HIGHLIGHTS

  • Great Investment Opportunity.
  • Easy Access to 110 & 105 Freeway
  • Close to Metro Bus Stops and Silver/Green Rail Station

EXECUTIVE SUMMARY

Located in the City of Los Angeles, NOT Gardena
Great Investment Opportunity.
Close to Metro Bus Stops and Silver/Green Rail Station
Easy Access to 110 & 105 Freeway
Conditional Use Permit Required for Other Certain Uses.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,791,840 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Planned Unit Development
  • Single Family Development
  • Single Family Residence
Total Lot Size 0.43 AC
Zoning LAR-3 - Multiple Dwelling

1 LOT AVAILABLE

Lot

Price $2,791,840 CAD
Price Per AC $6,492,651.34 CAD
Lot Size 0.43 AC

The property is a 18,545 Sq. Ft. parcel of land that has been re-zoned to LAR3 (Limited Density Multiple Residence Developments) with permitted use for apartment, houses and uses permitted in Zone R-1 and R-2 . Owner has copies of conceptual plans.

DESCRIPTION

The property is a 18,546 Sq. Ft. parcel of land that has been down zoned to LAR3 (Limited Density Multiple Residence Developments) with permitted use for apartment, houses and uses permitted in Zone R-1 and R-2 . Owner has copies of conceptual plans drawing for 33 Units for Buyers review. Property Type: LAR-3 Multifamily Residential Seller has Conceptual Plans for a 33 Unit Apartment Project (Property Not Entitled) APN: 6117-019-028 Use Code: Multi-Family & Residential Development Strong Mid-Cities Location Harbor (I-110) Freeway Adjacent with Easy Access Signalized, Major Main and Main Arterial Intersection High Density Demographics Heavy Traffic: ±33,000 Cars Per Day

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6117-019-028
Land Assessment
$1,130,185 CAD
Improvements Assessment
$49,124 CAD
Total Assessment
$1,179,309 CAD
  • Listing ID: 26058755

  • Date on Market: 2022-06-30

  • Last Updated:

  • Address: 705 W El Segundo Blvd, Los Angeles, CA 90247

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