Discover the incredible potential of this R-2, just under 7,000 sq. ft LOT located in the vibrant heart of South Los Angeles. This lot provides an exceptional opportunity for developers seeking to capitalize on the high demand for housing in Los Angeles. The absence of rent control regulations makes it an attractive investment for constructing multifamily units, promising significant rental income potential. *The area is experiencing a surge of growth and development, making it a prime location for new projects and innovative housing solutions. *Proximity to USC: Just minutes away from the University of Southern California, a world-renowned educational institution providing a steady demand for housing from students, faculty, and staff. *Cultural Attractions: A short distance from the upcoming George Lucas Museum of Narrative Art, which promises to be a major cultural landmark drawing visitors from all over. *Transportation Hub: Easy access to the Santa Monica Expo Line, offering convenient public transportation options that connect directly to downtown Los Angeles and the beautiful beaches of Santa Monica. *Sporting and Entertainment Venues: Close to SoFi Stadium, home of the Los Angeles Rams and Chargers, BMO Stadium, and the iconic Crypto Arena, ensuring year-round entertainment and sports events. *LA Live: Situated near the bustling entertainment complex, featuring a range of dining, shopping, and entertainment options. *Don’t miss out on this exceptional opportunity to invest in a property that combines strategic location, excellent connectivity, and unmatched development potential. Whether you’re a seasoned investor or a visionary developer, this lot is your canvas to create a thriving residential community in the heart of Los Angeles. ***Subject to teardown of existing SFR. Schedule your private tour today!
LISTING AGENT: Lisa Gillett LISTING BROKERAGE: Devenio Estates Inc.
Courtesy of Devenio Estates Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1800 W 45th Street 5015002001
Los Angeles, CA
Property Details
Price:
$921,000
MLS #:
24465949
Status:
Active
Baths:
0
Address:
1800 W 45th Street 5015002001
Type:
Land
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Jan 5, 2025
State:
CA
ZIP:
90062
Lot Size:
6,940 sqft / 0.16 acres (approx)
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Rectangular Lot, Value In Land
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- Address1800 W 45th Street 5015002001 Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90062
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