Los Angeles Homes with Unimproved Land Subtype

Los Angeles Homes with Unimproved Land Subtype

Welcome to the vibrant city of Los Angeles, California—a dazzling metropolis that seamlessly blends the allure of Hollywood glamour with the laid-back charm of beach life. Known as the entertainment capital of the world, L.A. is a melting pot of cultures, offering an eclectic mix of dining, shopping, and artistic experiences that cater to every taste. With its stunning year-round weather, picturesque beaches, and iconic landmarks like the Hollywood Sign and Griffith Observatory, it’s no wonder that Los Angeles is a coveted destination for both residents and visitors alike.

For those looking to invest in the real estate market, homes with unimproved land in Los Angeles present an exciting opportunity. These properties offer a blank canvas for your imagination, allowing you to create your dream home or develop a unique investment opportunity. Whether nestled in the serene hills of the San Fernando Valley or perched in the trendy neighborhoods of Silver Lake and Echo Park, unimproved land provides the flexibility to design a space that reflects your personal style and vision.

Imagine waking up to breathtaking views of the city skyline or the Pacific Ocean, with the added benefit of having the freedom to build your dream sanctuary from the ground up. The potential for growth and development in Los Angeles is immense, making it an ideal location for those looking to capitalize on the booming real estate market.

Explore the possibilities that await you in Los Angeles, where your dream home is just a vision away. With the right property, the perfect lifestyle is within reach. Embrace the opportunity to create your own slice of paradise in this iconic city!

Newest Los Angeles Homes with Unimproved Land Subtype

$1,000,000
CV26002139 MLS Active Status
ATTENTION DEVELOPERS AND INVESTORS. ENTRY FOR REFERENCE PURPOSES. Rare urban infill parking and development opportunity located at 741 S Bonnie Brae Street, Los Angeles, CA (APN: 5142-003-021) in the Westlake / MacArthur Park submarket. The property consists of an approximately 9,150 SF flat, fully fenced lot with approximately 61 feet of street frontage and 150 feet of depth, currently improved with approximately 36 striped parking spaces and alley access. The parcel is zoned R4-1 (City of Los Angeles) and is located within a Transit-Oriented Communities (TOC) Tier 3 and ED1-eligible area, offering compelling long-term residential or mixed-use redevelopment potential, subject to buyer verification and City approvals. The property is part of a two-asset portfolio that includes the adjacent, fully occupied office building at 1833 W 8th Street (MLS #CV26000487, APN: 5142-006-009), which is valued at approximately $3.7 million. The combined portfolio price is $4.7 million. The Bonnie Brae parcel is shown separately at $1,000,000 for valuation and underwriting reference only. Ownership may consider a separate sale of this parcel on a case-by-case basis, at seller’s sole discretion. All information deemed reliable but not guaranteed. Buyers and their representatives are advised to conduct their own independent due diligence regarding zoning, lot dimensions, development feasibility, pricing, and portfolio structure. Property sold AS-IS.

741 S Bonnie Brae Street, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.