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705 W El Segundo Blvd
Los Angeles, CA 90247
Land for Housing Development Opportunity · Land For Sale
·
0.43 AC


Investment Highlights
- Great Investment Opportunity.
- Easy Access to 110 & 105 Freeway
- Close to Metro Bus Stops and Silver/Green Rail Station
Executive Summary
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.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.43 AC |
| Property Type | Land | ||
| Zoning | LAR-3 - Multiple Dwelling | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.43 AC |
| Zoning | LAR-3 - Multiple Dwelling |
1 Lot Available
Lot
| Price | $2,739,420 CAD | Lot Size | 0.43 AC |
| Price Per AC | $6,370,744.04 CAD |
| Price | $2,739,420 CAD |
| Price Per AC | $6,370,744.04 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
| Parcel Number | 6117-019-028 | Improvements Assessment | $48,157 CAD |
| Land Assessment | $1,107,944 CAD | Total Assessment | $1,156,101 CAD |
