Active
512 Laconia
LOS ANGELES CA, 90044
$1,800,000
$50.90 per sqft
Active
0.81 Acres
Land
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 approval by seller. Seller is flexible and willing to JV with a qualified developer. Please feel free to reach out for more information or to discuss your unique development vision for this promising parcel.
PW23230495MR
MLSⓇ ID
December 27, 2023
Listed
April 26, 2024
Updated
Map
512 Laconia
LOS ANGELES CA, 90044
Exterior/Building Features
Lot Size
0.81 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Harbor Gateway
Days on Market
119
Garage
No
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Zoning
LAR3
Listing History
Date | Event | Price |
---|---|---|
4/26/2024 | Price Change | $1,800,000 -19% |
Listed by Matthew Palanca with Keller Williams Realty
Listing Contact: 714-450-6960
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Landon Pacific Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/26/2024