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512 Laconia Blvd - 44 Apartment Units or 23 Single Family Lots

0.81 Acres of Residential Land Offered at $1,800,000 in Los Angeles, CA 90061

Executive Summary

It is zoned for R3, approx. 44 Apartment Units. Large parcel of land with Tentative Tract Map designed for 18 attached homes, Small Lot Subdivision, approved 23 Single Family Lots max . This Tract is not yet approved, and a review letter from the Los Angeles City regarding requirements for development based on the tentative tract map is available. Located in the South Western part of Los Angeles, close to freeway access, 110 and 105 Freeways, making it an ideal place for future residents to commute from. Check with LA City for the opportunity to build apartments or a complete different plan based on your own ideas.SELLER TO CARRY!

Property Facts

Price $1,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.81 AC

1 Lot Available

Lot

Price $1,800,000
Price Per AC $2,217,986
Lot Size 0.81 AC

It is zoned for R3, approx. 44 Apartment Units. Large parcel of land with Tentative Tract Map designed for 18 attached homes, Small Lot Subdivision, approved 23 Single Family Lots max .

Description

It is zoned for R3, approx. 44 Apartment Units. Large parcel of land with Tentative Tract Map designed for 18 attached homes, Small Lot Subdivision, approved 23 Single Family Lots max . This Tract is not yet approved, and a review letter from the Los Angeles City regarding requirements for development based on the tentative tract map is available. Located in the South Western part of Los Angeles, close to freeway access, 110 and 105 Freeways, making it an ideal place for future residents to commute from. Check with LA City for the opportunity to build apartments or a complete different plan based on your own ideas. Seller to carry for 2 years with 50% down. Seller to consider JV with a developer, SELLER TO CARRY! please submit.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6132-001-020
Land Assessment
$706,967
Improvements Assessment
$0
Total Assessment
$706,967

zoning

Zoning Code LAR3
LAR3
  • Listing ID: 30842391

  • Date on Market: 10/18/2023

  • Last Updated:

  • Address: 512 Laconia Blvd, Los Angeles, CA 90061

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