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House Los Angeles (United States)by sotheby's international realty - brentwood brokerage
House purchase in Los Angeles (United States) - Aerial view of houses and divided lots
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HouseLos Angeles (United States)
Price :
$950,000
bedrooms2 bathroom1 land446 m²

Located in a premier Opportunity Zone in the heart of West Adams, this LARD1.5-zoned parcel offers a rare, SB 8-exempt, and non-rent-controlled development opportunity with a streamlined path to market-rate construction. This is for only Lot 1, as seen in photos, provides an opportunity to build a by-right triplex, plus the addition of an ADU yields a fourplex in one of the nation's fastest-growing sub-markets. Capitalize on the immense demand from expanding nearby offices for Apple, Amazon Studios, and HBO. Future residents will enjoy easy access to Whole Foods, Mizlala, the newly opened Maydan Market, and all the trendy destinations along Adams Blvd. The site is uniquely positioned as a standalone project or as part of a strategic five-lot assembly totaling a half-acre with plans for 16 small-lot homes. Unlike many central LA developments, this project requires no low-income set-asides or replacement units, allowing for 100% market-rate rental or sales potential. This is an ideal acquisition for developers seeking a high-margin exit or a stable, long-term hold in Los Angeles' most dynamic growth hub.
Advertiser reference : DQYLGELe Figaro Properties reference : 102594193

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Contract pending

House Los Angeles (United States)

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House purchase in Los Angeles (United States) - Aerial view of houses and divided lots
Aerial view residential neighborhood and hills in this luxury house for sale in Los Angeles ($950,000)
Aerial view of residential houses and city - Prestige house for sale in Los Angeles, 2 bedrooms
Luxury house for sale in Los Angeles (United States)
House - photo 5View the 8 photos

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Ari Wintraub

sotheby's international realty - brentwood brokerage
11911 San Vicente Blvd Ste 20090049 Los Angeles (United States) All the listings of this agency

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Do you have a property to sell?

By confirming this form, I agree to the General Usage Terms & Conditions of Figaro Properties.
The data entered into this form is required to allow our partner Sotheby’s International Realty to respond to your contact request by phone, email or SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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