Los Angeles, CA90047
| MLS# PF25082500
Tract:
For Sale $254,000
Description
Development Opportunity. This newly created lot will be delivered fully entitled to build a 1600 sqft duplex in one of the most rapidly improving areas in all of Los Angeles. Only minutes away from major entertainment venues such as Sofi Stadium, Intuit Dome, Hollywood Park Casino, and NFL Headquarters, this property is ideally located to build a cash flow investment, or create equity for resale. Unlike typical development transactions, this one offers the ability to work on plans for submission prior to close of escrow. This flexibility significantly reduces carrying costs and enhances overall profitability. Just a short trip to the burgeoning entertainment scene surrounding all the new development in Inglewood, this area has seen consistent appreciation and continues to command strong rental rates, making it an ideal location for both short- and long-term investment strategies. Don't miss out on this exceptional opportunity to capitalize on one of LA’s best areas for investment! AFTER EASEMENT FOR ACCESS, THE BUILDABLE SQFT OF THIS LOT WILL BE 1500 SQFT.
Facts
| Built in | Lot Size: 4799.00 sqft | HOA Dues: $0/month
Features
Listing provided by Steve Aranda, Altadena Real Estate Company
Based on information from California Regional Multiple Listing Service, Inc. as of May 13, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
