$635,000
SOLD DEC 9, 2024
0.13 Acre
$4,877,112 Price per Acre
5,673 Sq Ft Lot

Recently Sold

2% Below List Price

13 Days on Market

About This Lot

As of December 2024

Prime Development Opportunity in Downtown Los Angeles Seize the chance to build your dream income property in the heart of downtown Los Angeles! This unique property offers an incredible opportunity to construct two residential units, an Accessory Dwelling Unit (ADU) and a Junior ADU, maximizing your income potential. Located in a thriving area with strong demand, this property sits adjacent to a significant development where over 300 units are planned, promising significant growth and future appeal. Don't miss this rare chance to invest in a vibrant, high-demand location. Secure this land and bring your vision to life!

Last Agent to Sell the Property

Michael Mehdizadeh

Andrew C. Lee License #01315713 Listed on: 11/05/2024

Last Buyer's Agent

Michael Mehdizadeh

Andrew C. Lee License #01315713 Listed on: 11/05/2024

Property Details

Property Type

  • Land

Lot Details

  • 5,673 Sq Ft Lot
  • Lot Dimensions are 40x141
  • Property is zoned RD-2-1

Listing and Financial Details

  • Assessor Parcel Number 5118-004-010

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1302
  • Lot Dimensions: 40x141
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5118-004-010
  • Lot Size Area: 5673

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $635,000 -2.3% --
11/18/2024 11/18/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $650,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-460541

The MLS