512 Laconia Active

Los Angeles,CA 90044

$ 1800000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW23230495

Originating Board California Regional MLS

Lot Size 0.812 Acres

Property Description

Zoned as R3, this expansive property offers exciting development potential for approximately 44 apartment units. The parcel is strategically planned for a variety of options, featuring a Tentative Tract Map meticulously designed for 18 attached homes, Small Lot Subdivision, and the potential for up to 23 Single Family Lots. It's important to note that the Tract is currently pending approval, and a comprehensive review letter from the Los Angeles City outlines specific development requirements based on the tentative tract map. Situated in the Southwestern part of Los Angeles, this property boasts proximity to major transportation arteries, including convenient access to the 110 and 105 Freeways. This strategic location enhances the appeal for future residents, offering an ideal commute to and from the area. While the current plan is in alignment with the tentative tract map, there exists flexibility for potential developers to explore alternative options. Whether considering the construction of apartments or pursuing an entirely different development plan, interested parties are encouraged to liaise with the Los Angeles City for guidance and to explore the diverse possibilities that this property holds. Seller financing available for up to 2 years with 50% down on approva

Location

State CA

County Los Angeles

Area 122 - Harbor Gateway

Zoning LY

Exterior

Fence Chain Link

Utilities Available Electricity - On Site,Telephone - Not On Site

View None

Building

Water District - Public

Others

Tax ID 6132001020

Special Listing Condition Not Applicable

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