Los Angeles Homes with Unimproved Land Subtype

Los Angeles Homes with Unimproved Land Subtype

Welcome to Los Angeles, the vibrant heart of California where dreams take flight amidst the stunning backdrop of sun-kissed beaches and iconic Hollywood glamour. Known for its diverse culture, culinary delights, and endless entertainment options, Los Angeles offers a lifestyle that is as dynamic as the city itself. With a rich tapestry of neighborhoods, each with its own unique charm, you can find everything from trendy lofts in Downtown to cozy bungalows in Silver Lake.

For those seeking a unique opportunity in the Los Angeles real estate market, homes with unimproved land are an enticing option. These properties provide a blank canvas, allowing you to unleash your creativity and vision. Imagine crafting your dream home or developing a multi-unit residence in one of the city's sought-after areas. With an ever-growing population and a strong demand for housing, investing in unimproved land can be a strategic move for both homeowners and investors alike.

In Los Angeles, the potential for growth is limitless. Whether you envision a modern architectural masterpiece or a charming retreat surrounded by lush greenery, the possibilities are endless. The city's favorable climate and proximity to cultural landmarks, shopping districts, and outdoor adventures make it an ideal location for those looking to build something truly special.

Embrace the opportunity to create your own slice of paradise in Los Angeles. With its rich history, diverse communities, and boundless potential, the City of Angels awaits your vision. Discover the charm of homes with unimproved land and start your journey towards making your real estate dreams a reality 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.