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$ 4,999,000
Est. payment | /mo
1.07 Acres Lot
$ 4,999,000
Est. payment | /mo
1.07 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV26126960
HOA Y/N No
Lot Size 1.075 Acres
Property Description
An exceptional and rare opportunity to acquire two contiguous vacant land parcels totaling approximately 46,824 square feet. Located along Dodge Avenue in Harbor City, City of Los Angeles. And just around the corner from the 110 FWY ramp. Zoned RD1.5 (High Density Residential), this assemblage offers a rare development canvas in one of L.A.'s most sought-after and constrained submarkets. The site boasts an impressive 200 feet of street frontage along Dodge Avenue and approximately 233 feet of depth. A generous and wide configuration to allow optimal design for a future residential development concept, with room for private access roads, outdoor space, etc. Of the two parcels, the larger lot spans 35,099 SF and is paved, while the second parcel measures 11,725 SF of flat dirt. With zoning density allowing one DU (dwelling unit) per 1,500 SF, the by-right yield is approximately 31 units (buyer to verify with the City of Los Angeles). Additional density may be unlocked through the Transit Oriented Communities (TOC) program and other City bonus incentive programs, potentially increasing the total unit count. Large, unimproved, high-density zoned parcels of this scale and configuration are extraordinarily uncommon within the City of Los Angeles. Whether a builder, investor, or developer, this is a true ground-up opportunity with huge potential. Buyer and their broker to independently verify all zoning, density calculations, entitlements, and development potential with the City of Los Angeles Planning Department and all appropriate trades and agencies.
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning RD1.5
Interior
Fireplace No
Exterior
Community Features Curbs, Street Lights, Sidewalks, Park
Utilities Available Electricity Connected
View Y/N No
View None
Building
Lot Description 26-30 Units/Acre, Lot Over 40000 Sqft, Near Park, Near Public Transit
Sewer Unknown
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 7413033039
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Listed by Rodman Amiri Merit Real Estate 310-989-6704, DRE #01760226
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