$750,000

Estimated payment $4,642/month

Total Views 4,346
0.13 Acre
$5,613,772 Price per Acre
5,820 Sq Ft Lot

About This Lot

Entitled Land for 25 Affordable Units Prime South LA Development Opportunity Excellent opportunity for developers and investors! This 5,820 SF vacant lot is zoned LAC2, located in a growing area of South Los Angeles. Entitlement plans have been submitted for a 25-unit affordable housing project, but the flexible zoning also allows for other potential development concepts including mixed-use, market-rate multifamily, or commercial projects.Let your vision take shape on this flat, infill parcel just minutes from Downtown LA, major freeways, and public transportation.available upon request. Buyer to verify all development potential and zoning with the City of Los Angeles.

Listing Agent

Michael Mehdizadeh

Andrew C. Lee License #01315713 Listed on: 06/06/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,040

Lot Details

  • 5,820 Sq Ft Lot
  • Property is zoned LAC2

Listing and Financial Details

  • Assessor Parcel Number 5106-020-011

Property Details

Property Type

Land

Est. Annual Taxes

$7,040

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1336
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 534.19

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5106-020-011
  • Lot Size Area: 5820

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
2025 $7,040 $572,220 $457,776 $114,444
2024 $7,040 $561,000 $448,800 $112,200
2023 $6,454 $512,255 $354,642 $157,613
2022 $6,157 $502,212 $347,689 $154,523
2021 $6,080 $492,366 $340,872 $151,494
2019 $5,163 $415,000 $288,100 $126,900
2018 $4,592 $365,000 $253,400 $111,600
2016 $3,360 $265,000 $184,000 $81,000
2015 $3,361 $265,000 $184,000 $81,000
2014 $3,443 $265,000 $184,000 $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $750,000 +36.4% --
05/26/2023 05/26/23 Sold $550,000 0.0% $392 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $550,000 -- $392 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $550,000 California Best Title
Grant Deed $390,000 Investors Title Company
Grant Deed $302,000 Ticor Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $312,000 Fannie Mae Freddie Mac
Previous Owner $241,600 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25549263

The MLS

APN: 5106-020-011