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7131 Baird Avenue Reseda, CA 91335

$3,499,000
0.56 Acre Lot
24,528 Sqft Lot
Status Active
MLS # 21784410
Property Type Land
Price Type --
Great Opportunity for builders and developers to build 40-unit apartments in Heart of Reseda. (SHOVEL READY) 24,528 Square feet Street to Street land, with Ready to Issue permit to build 40 units apartments. One level to parking and 3 levels above. 13 One Bedroom average 700 SQ Feet, 18 three Bedrooms average 1260 SQ Feet and 9 Four Bedrooms average 1550 SQ Feet. Ground level garage for 82 parking spaces. 5 of the units are low-income tenant and implementing ordinance JJJ

212 N Mariposa Avenue Los Angeles, CA 90004

$3,350,000
0.28 Acre Lot
12,016 Sqft Lot
Status Active
MLS # 21723894
Property Type Land
Price Type --
We are proud to exclusively present for sale a Ready-to-Issue 28 Unit Non-Rent Controlled Construction Project in East Hollywood. Conveniently located off the 101 Freeway and less than one mile away from the Vermont / Beverly Metro Subway Station, this beautifully designed construction project will put your future tenants in the middle of it all, surrounded by Koreatown, Silver Lake, Hollywood and Downtown. Consisting of Eighteen 1 Bedroom & 1 Bathroom homes and Ten 2 Bedroom & 2 Bathroom homes (one en-suite bathroom), every home has walk-in-closets, a balcony and Washer/Dryer closet. Each home has a generous great room with a corner kitchen, dining and living room areas with access to the private balcony. The building will feature a central Courtyard, a Rec Room (with bathroom), 14 standard parking spaces, a lobby, trash chutes, and long-term storage for 28 bikes. The area is designated as Very Walkable (by Walk Score) and the property is less than a mile to the Subway Station at Vermont Ave. and Beverly Blvd. The building will feature 20,028 SF of Livable / Rentable space over an on-grade garage podium. The property is located in an Opportunity Zone and the building will have three Extremely Low Income restricted unit. The transaction includes two parcels with one APN each: 5518-011-003 & 5518-011-004.

8867 Alcott Street Los Angeles, CA 90035

$3,300,000
0.17 Acre Lot
7,293 Sqft Lot
Status Active
MLS # 21705732
Property Type Land
Price Type --
We are pleased to present 8867 Alcott Street, a high-profile RTI development opportunity in Pico Robertson, CA, just two blocks outside of the Beverly Hills city border. The RTI plans call for 17-units in a 5-story, above-ground structure over two levels of subterranean parking. This development opportunity is truly unique in that the site was grandfathered into the TOC program as a Tier 3 designation since the application was already in the city's system before the transit rezoning took place in June of 2019. As such, the city will no longer allow this type of building, with this height and density, to be built in this specific area. This will allow a buyer to capitalize on the opportunity to build a sizable structure that will afford tenants unobstructed views for miles, especially since the majority of parcels in this neighborhood are zoned R1 and R2. Currently, the property has a vacant triplex building on it. The tenants were not relocated via the Ellis Act nor were any tenants paid relocation fees, which should translate to smooth sailing for a developer looking to move quickly. All entitlement fees have been paid (including LADWP), which means a builder can pull all the building permits right after the close of escrow and start developing. The project was designed with flexibility in mind. A savvy developer will have multiple exit options since the project is eligible for the TOC condo tract. All that is necessary is for a buyer to file the appropriate paperwork with the city and pay the fees (approx. $30K). The process takes about one year and can be done concurrently with construction. No modifications to the building plans are necessary because it is a grandfathered in Tier 3 TOC project. Keep the project for yourself for the long-term appreciation in a core Westside market, or prepare the units to sell off individually at a premium, the choice is yours.

4050 Deerhorn Sherman Oaks, CA 91403

$3,295,000
10.21 Acre Lot
444,878 Sqft Lot
Status Active
MLS # SR21071979
Property Type Land
Price Type --
Tucked away in beautiful Sherman Oaks, offering expansive land & privacy, find 2 legal lots with over 10 acres of land. A rare find! One of the largest pieces of land available, situated in the highly desired “South of Boulevard” location. The gently sloped lots offer tranquility and sweeping hillside & city light views. Zoned LARE40, build an unbelievable Estate on each lot, or build an unparalleled compound. With so much land at hand, this is the perfect opportunity to develop an all-encompassing estate with all the amenities you could ever need, and where everything you want is in your own backyard - From expansive lawns, spectacular pools, sports courts, a guest house or two, or your own vineyard – there is enough room here to create your very own masterpiece! Don’t miss this chance - Sherman Oaks is a highly sought-after neighborhood, rated as one of the safest neighborhoods in the greater LA area, with award winning schools and home to many celebrities and notable residents. Adjacent to Encino to the West and Studio City to the East, easy access to freeways and canyons, with only minutes to Westside, it’s the ideal location to live in. Build and enjoy the ultra-luxury without the Westside price! Sales price includes APN 2281-022-006 (2.44 Acres) & APN 2281-022-008 (7.77 Acres).

2735 E 6th Street Los Angeles, CA 90033

$3,250,000
0.75 Acre Lot
32,537 Sqft Lot
Status Active
MLS # 21778274
Property Type Land
Price Type --
One of the last vacant pieces of land left to develop in 90033. Sitting at the end of a quiet cul de sac, this lot sits on two APN's. The lots measure at 15,242 Sqft., 17,295 SqFt., and combine to the total of 32,537 SqFt. This rare offering is a unique opportunity to develop this mostly flat 1.5 zoned lot. Seasoned developers, this is the development that you are looking for. Be apart of the revitalization and the exciting boom of the 90033

18100 Sesnon Boulevard Granada Hills, CA 91344

$3,200,000
61 Acre Lot
2,657,290 Sqft Lot
Status Active
MLS # GD21014451
Property Type Land
Price Type --
We are pleased to present the Sesnon Luxury Estate, a rare opportunity to purchase 61-acres of land nestled between Cagney Ranch Estates and The Classics Gated community in Granada Hills, California. The 61-acres includes a total of 3-Parcels with access from both Sesnon Boulevard to the north as well as Longacre Avenue to the south. Longacre Avenue is the primary thoroughfare through Cagney Ranch Estates, which is home to opulent 5,000 to 10,000 square foot custom homes with sales prices well into the multiple millions. Longacre Avenue concludes into a cul-de-sac which the Subject Property abuts and has access to. On the eastern border of the property is “The Classics”, a gated community with high end homes featuring half-acre lots with resort style outdoor living, picturesque hiking and equestrian trails all around. The Subject Property is zoned “A1 – Agricultural” with additional height and local codes (Buyer to verify). The abutting and neighboring parcels to the east and west include higher density zoning of RE20 & RE40. While the allure of development is natural for this site, the ownership is seeking a Buyer who appreciates the existing zoning and will not ask the Seller to participate in a lengthy pursuit of zoning changes or other variances. At a list price $3,200,000 for 61-acres, this offering is a tremendous value for such a sprawling site amongst the high valued communities along Sesnon Boulevard in Granada Hills.

4345 Crenshaw Boulevard Los Angeles, CA 90008

$3,000,000
0.35 Acre Lot
15,201 Sqft Lot
Status Active
MLS # 21709456
Property Type Land
Price Type --
This unique development opportunity features one parcel totaling 15,200 SF of land in the up and coming Leimert Park neighborhood.This offering presents a developer the opportunity to acquire a parcel located just across the street from the new Leimert Park Metro Station at a low price per square foot of $197. The parcel is zoned C1.5-1-SP in a Tier4 TOC area, allowing a developer to potentially build up to 69 units by utilizing the density bonus with an affordable component.The Leimert Park neighborhood continues to grow at a rapid pace with several major retail and mixed-use projects underway. 4421Crenshaw Boulevard is located just down the street from the Baldwin Hills Crenshaw Plaza, an 870,000 SF retail and restaurant center; as well as Marlton Square, a planned 22 acre mixed-use development; and District Square, another mixed-use development totaling 300,000 SF.

11761 Fenton Avenue Lakeview Terrace, CA 91342

$2,995,000
2.16 Acre Lot
94,090 Sqft Lot
Status Active
MLS # SR21106176
Property Type Land
Price Type --
After years of perfecting entitlements and physical site attributes to eliminate risk variables pertaining to the developability of the project, market timing could not be more conducive to offer for sale the Fenton 15 opportunity. The 2.17-acre site is entitled for 15 lots – 13 of which are condo pads for detached two-story condominiums (entitlements were vested/filed prior to SLO when the condominium was the product of choice) and two SFR lots. The following is a synopsis of the entitlements and completed horizontal construction aspects being offered with the real estate: 1. Existing current/extended entitlements include zone change and tentative tract map. All final map conditions have been cleared except for conditions relating to public improvement bonding which will be the responsibility of the buyer. The entitlements were vested prior to the Linkage fee and JJJ making this one of the last (if not last) projects of its kind in the area – maybe even Los Angeles. 2. Wall and grading permits have been pulled and work on-site has commenced to complete all perimeter walls in order to rectify complex and irregular edge conditions including retaining walls and shoring. The site will be delivered with all perimeter retaining walls complete to approved specifications. 3. The site is NOT being delivered with RTI plans for the homes/condos. Viable floorplans for the 13 condos will allow for up to 2,330 SF in a two-story configuration and up to 2,680 SF for the wider unit pads. The two SFR lots would accommodate homes well over 3,000 SF + ADU’s if desired.

3704 Kelton Avenue Los Angeles, CA 90034

$2,995,000
0.24 Acre Lot
10,280 Sqft Lot
Status Active
MLS # PW21203617
Property Type Land
Price Type --
3704 Kelton Avenue is a multifamily development opportunity n Los Angeles proximate to bustling Downtown Culver City. The property is a 10,280-square foot lot zoned LAR3, and an investor may be able to utilize Tier 2 TOC incentives to maximize the lot’s development potential and build up to 17 units and 18,900 square feet (buyer to verify). 3704 Kelton Avenue is located in a very strong rental market with an affluent tenant base; over 82 percent of housing units within one mile are renter-occupied and the average household income exceeds $103,000. This sought-after area is known for its major employers, such as Sony Pictures (one mile from the property), its popular dining, retail, and entertainment options, and convenient access to beach cities and the 10 and 405 freeways.

8508 Cashio Street Los Angeles, CA 90035

$2,950,000
0.20 Acre Lot
8,850 Sqft Lot
Status Active
MLS # 21762606
Property Type Land
Price Type --
PROPERTY HIGHLIGHTS - 8508 Cashio Street Los Angeles, CA 90035, (APN: 4303-032-008), Price per Buildable Unit - $113,461, Zoning: (Q) LAR3-1-0TOC: Tier 2, Estimated Buildable Units 26 Units w/ TOC, EXISTING IMPROVEMENTS - 6-Unit Apartment Community Built in 1939, Excellent In-Place Gross Income of $93,187, Parking - 6 Garages, LOCATION ATTRIBUTES - The location offers residents an impressive array of nearby entertainment, lifestyle and retail amenities. Significant employment hubs are easily assessed in Mid-Wilshire, Hollywood, Beverly Hills and DTLA.

1825 N New Hampshire Avenue Los Angeles, CA 90027

$2,925,000
0.21 Acre Lot
9,271 Sqft Lot
Status Active
MLS # 20665586
Property Type Land
Price Type --
The subject property is an RTI Development Opportunity located in the prime Los Feliz submarket of Los Angeles. Ideally situated on New Hampshire Avenue, just south of Franklin Avenue and north of Hollywood Boulevard, this non-rent-controlled project will boast a mix of 4 studios + one bath, 9 one bed + one bath, and 8 two bed + two bath homes with parking on grade. Once completed, these luxury units will command some of the highest rents in Los Angeles, located on a quiet street just outside the hub of entertainment and restaurants. No need for a car here, you are walking distance to supermarkets, coffee shops, trendy restaurants, the Metro Subway Station and more. Your tenants will enjoy having access to everything at their fingertips, which can make for a stable rental property that the tenants can call home for a long time to come.

824 W 164th Street Los Angeles, CA 90247

$2,900,000
0.46 Acre Lot
19,901 Sqft Lot
Status Active
MLS # SR21007164
Property Type Land
Price Type --
Corner R4 triple lot assemblage with alley. Non TOC. Includes three APNs: 6120-018-028, 029, 030 Maximum potential: Land + 1/2 Alley = 21,501.6 / 400 = 54 + 35% = 73 Max Unit Potential A real estate assemblage well poised for multifamily housing development. The following are in proper alignment to create a compelling affordable housing development opportunity: One Seller. A cohesive Selling entity has proven valuable in structuring acquisitions of this nature. Never underestimate the value of transacting with one Seller. Zoning. R4-1. No funky [Q]’s and no specific plan will allow for project planning under probably one of the City of Los Angeles’ most attractive multifamily zoning designations. Site Orientation. Corner site with alley will allow for optimality of design efficiencies for project access, configuration, etc. Deal Size. Projects in the 50–100-unit range optimizes financing considerations for affordable housing development. State Legislation. Recent state legislation incentivizes bonuses and parking reduction for affordable housing.