Property Details
About this Property
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
MLS Listing Information
MLS #
CRPW23230495
MLS Source
California Regional MLS
Days on Site
357
Lots & Land Information
Fencing
ChainLink
Parking, School, and Other Information
HOA Fee
$0
Zoning
LY
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
512 Laconia is in Los Angeles, CA 90044. This Land is currently priced at $1,800,000. This address can also be written as 512 Laconia, Los Angeles, CA 90044.
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This listing information is up-to-date as of April 26, 2024. For the most current information, please contact Matthew Palanca, (888) 456-5789
