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Key Details
Sold Price $50,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23177671
Sold Date 02/01/24
HOA Y/N No
Lot Size 0.504 Acres
Property Description
****PRICE REDUCED**** Be the proud owner of this stunning vacant land in the desirable 90032 neighborhood of Los Angeles!
The property features **views, views and more views**Residential - Vacant Land**
Gentrification in the area has been an ongoing process for a few years now. It has caused rapid changes in the surrounding areas from a working-class to one of higher-end shops, businesses, and housing. Soaring rental costs and home values have forced out many of the original tenants and residents, and have been replaced by higher-income and more affluent people. Additionally, there are several new luxury apartment buildings and condo developments in the area! This area has seen a spike in trendy restaurants, cafes, art galleries, and boutique stores, all catering to a more affluent crowd and furthering the area’s gentrification. Land is easy to access with municipal roads, and is just a short drive to Downtown, shopping, and other amenities. With a mix of terrain and lots of potential, this piece of land is ready and waiting for you to create the perfect layout for your dream development project.
The lot offers a rare opportunity to build the home of your dreams. The lot measures 21,944 square feet **Biggest lot in the area for sale** and offers endless possibilities. With its outstanding location, this lot is possibly the best undeveloped land listed within the 90032 ZIP Code.
Create your own oasis or subdivide the lot and build multiple homes — the opportunities are endless! Don't miss this incredible opportunity to buy and hold, subdivide, build and or invest. IS YOUR MONEY in the BANK? WHY IS IT NOT IN LAND/REAL ESTATE?? MAKE THE INVESTMENT TODAY!!! CALL!!
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LARE20
Interior
Fireplace No
Exterior
Community Features Biking, Curbs, Foothills, Hiking, Mountainous, Park, Ravine
Utilities Available Water Not Available
View Y/N Yes
View City Lights, Mountain(s), Neighborhood, Panoramic, Valley
Building
Lot Description 0-1 Unit/Acre
Water Public, None, Other, See Remarks
New Construction No
Others
Senior Community No
Tax ID 5209034024
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Other
Special Listing Condition Standard
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Bought with John Serafin • Keller Williams Encino/Sherman Oaks
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692