232 W 108th Street

Los Angeles, CA 90061

About this property

Vacant land opportunity in South Los Angeles. This 5,240 SF lot is zoned [Q]R4-1, a high-density multifamily zone, which makes it a strong site for builders and developers planning an apartment project. Under base R4 density of 1 unit per 400 SF of lot area, the site could support roughly 13 units before any [Q] condition limits. Buyers may also be able to add units through State Density Bonus or other housing incentive programs. Because the lot is vacant, there's no demolition, there are no tenants to relocate and no existing structures to work around, so a buyer can go straight to design and permitting. The property sits in an established residential neighborhood close to Broadway, public transit, schools, shopping and the 105 and 110 freeways. Buyer to independently verify zoning, [Q] conditions, buildable density, utilities and all property information with LADBS / City Planning.

About this property

Vacant land opportunity in South Los Angeles. This 5,240 SF lot is zoned [Q]R4-1, a high-density multifamily zone, which makes it a strong site for builders and developers planning an apartment project. Under base R4 density of 1 unit per 400 SF of lot area, the site could support roughly 13 units before any [Q] condition limits. Buyers may also be able to add units through State Density Bonus or other housing incentive programs. Because the lot is vacant, there's no demolition, there are no tenants to relocate and no existing structures to work around, so a buyer can go straight to design and permitting. The property sits in an established residential neighborhood close to Broadway, public transit, schools, shopping and the 105 and 110 freeways. Buyer to independently verify zoning, [Q] conditions, buildable density, utilities and all property information with LADBS / City Planning.

Features and Additional Information

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$299,999 Active
0 sqft

Presented By Benjamin Leaskou

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License #01754516
Brokerage
Century 21 Allstars
1-562-863-2121
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Area Information

C34 Los Angeles Southwest | Los Angeles County |

$ 299,999
This listing is play_arrow 56.5% lower than the average in the area
$ 690,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
16 days on site
This listing is play_arrow 85.8% below the average in the area
113 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Danny Navarro
Brokerage: Century 21 Allstars

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