Los Angeles Homes with Unimproved Land Subtype

Los Angeles Homes with Unimproved Land Subtype

Welcome to the vibrant city of Los Angeles, California—where sun-kissed beaches meet the bustling energy of Hollywood, and diverse neighborhoods weave a rich tapestry of culture and opportunity. As the second-largest city in the United States, Los Angeles is not just a hub for entertainment and innovation; it’s a place where dreams are made and lifestyles are crafted.

In this sprawling metropolis, you’ll discover a unique opportunity to invest in homes with unimproved land, a rare gem in the real estate market. These properties offer a blank canvas, allowing you to unleash your creativity and vision. Whether you’re looking to build your dream home, develop a rental property, or simply enjoy the serenity of open space, unimproved land in Los Angeles provides endless possibilities.

Picture yourself in a charming neighborhood, where palm trees sway gently in the breeze, and the aroma of diverse cuisines fills the air. With Los Angeles’ enviable climate, outdoor living is a year-round delight. From hiking in the nearby mountains to relaxing on the sandy shores of Malibu, the lifestyle here is as dynamic as it is inviting.

Investing in unimproved land means you’re not just purchasing property; you’re securing a piece of the vibrant LA lifestyle. With easy access to major highways, renowned schools, and an array of entertainment options, the potential for growth and appreciation is immense. Whether you’re a seasoned investor or a first-time buyer, the allure of Los Angeles real estate is undeniable. Embrace the opportunity to shape your future in this iconic city!

Newest Los Angeles Homes with Unimproved Land Subtype

$1,000,000
CV26002139 MLS Active Status
ATTENTION DEVELOPERS AND INVESTORS. ENTRY FOR REFERENCE PURPOSES. Rare urban infill parking and development opportunity located at 741 S Bonnie Brae Street, Los Angeles, CA (APN: 5142-003-021) in the Westlake / MacArthur Park submarket. The property consists of an approximately 9,150 SF flat, fully fenced lot with approximately 61 feet of street frontage and 150 feet of depth, currently improved with approximately 36 striped parking spaces and alley access. The parcel is zoned R4-1 (City of Los Angeles) and is located within a Transit-Oriented Communities (TOC) Tier 3 and ED1-eligible area, offering compelling long-term residential or mixed-use redevelopment potential, subject to buyer verification and City approvals. The property is part of a two-asset portfolio that includes the adjacent, fully occupied office building at 1833 W 8th Street (MLS #CV26000487, APN: 5142-006-009), which is valued at approximately $3.7 million. The combined portfolio price is $4.7 million. The Bonnie Brae parcel is shown separately at $1,000,000 for valuation and underwriting reference only. Ownership may consider a separate sale of this parcel on a case-by-case basis, at seller’s sole discretion. All information deemed reliable but not guaranteed. Buyers and their representatives are advised to conduct their own independent due diligence regarding zoning, lot dimensions, development feasibility, pricing, and portfolio structure. Property sold AS-IS.

741 S Bonnie Brae Street, Los Angeles

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.