$500,000
UNDER CONTRACT

Estimated payment $2,861/month

Total Views 772
0.1 Acre
$5,246,590 Price per Acre
4,152 Sq Ft Lot

Highlights

  • Property is near public transit
  • No HOA
  • Level Lot

About This Lot

Development Opportunity near Downtown Los Angeles! Seize the chance to build your dream income property in the heart of Los Angeles! This unique mixed-use property offers an incredible opportunity to construct either a business or 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!

Listing Agent

Sherry Joseph

Berkshire Hathaway HomeServices California Properties Brokerage Phone: 562-841-1533 License #01816530 Listed on: 05/29/2025

Berkshire Hathaway HomeServices California Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,109

Lot Details

  • 4,152 Sq Ft Lot
  • Barbed Wire
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAC2

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 5131020027
  • $173 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$1,109

Lot Details

0

Listing Details

  • Current Use: Commercial
  • Possible Use: Commercial, Investment, Multi-Family, Parking lot, Recreational, Residential
  • Possible Use Comments: Multi-Use property. Corner lot near businesses and single family residents.
  • View: No
  • Zoning: LAC2
  • Property Type: Land
  • Parcel Number: 5131020027
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 120.42

Exterior Features

  • Fencing: Barbed Wire

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Current Geological: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 4152.00
  • Lot Size Acres: 0.0953

Multi Family

  • Lot Size Area: 4152.0000 Square Feet

Tax Info

  • Tax Census Tract: 2264.20
  • Tax Lot: 87
  • TaxOtherAnnualAssessmentAmount: 173.00

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,109 $78,072 $78,072 --
2023 $1,091 $76,542 $76,542 $0
2022 $1,043 $75,042 $75,042 $0
2021 $1,033 $73,571 $73,571 $0
2019 $1,973 $71,390 $71,390 $0
2018 $1,952 $69,991 $69,991 $0
2016 $1,885 $67,274 $67,274 $0
2015 $1,534 $66,264 $66,264 $0
2014 $936 $64,966 $64,966 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $500,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25116743

California Regional Multiple Listing Service (CRMLS)

APN: 5131-020-027