5150 S Western Avenue

Los Angeles, CA 90062

$1,225,000

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Property Description

Prime Development Opportunity – Vacant Land with RTI Plans! Presenting an outstanding opportunity for developers and investors: vacant land with Ready-to-Issue (RTI) plans to construct 4 luxurious three-story units in the form of two duplexes. Each unit is thoughtfully designed with: 5 bedrooms and 5 bathrooms per unit a total building area of 8,412 sqft across all units. Modern layouts offering functionality and style. No RSO and Not subject to SB8 regulations, Streamlined project ready to go! Located in a desirable area, this property is perfect for those seeking to maximize their return on investment with a turnkey development opportunity. Buyer to perform their own investigations and due diligence regarding all aspects of the property, plans, and development. This is a rare chance to build an impressive project—don't miss out!

Listing Information

List Price $1,225,000
Status Active
MLS CV24240264
HOA $0
Type Land
Lot Size 6,502
Structure Size N/A
DOM 2
Courtesy Of OPTION ONE REALTY & INVESTMENT
Listing Agent Jaime Ruiz DRE#01415230

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Jaime Ruiz, OPTION ONE REALTY & INVESTMENT 626-974-0453. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:54 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.