4
See all 4 photos
$279,000
Est. payment /mo
4,800 Sqft Lot
New
5955 S Van Ness AVE Los Angeles, CA 90047
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PF25082500
HOA Y/N No
Lot Size 4,800 Sqft
Property Description
Development Opportunity. This newly created lot will be delivered fully entitled to build a 1600 sqft duplex in one of the most rapidly improving areas in all of Los Angeles. Only minutes away from major entertainment venues such as Sofi Stadium, Intuit Dome, Hollywood Park Casino, and NFL Headquarters, this property is ideally located to build a cash flow investment, or create equity for resale.
Unlike typical development transactions, this one offers the ability to work on plans for submission prior to close of escrow. This flexibility significantly reduces carrying costs and enhances overall profitability. Just a short trip to the burgeoning entertainment scene surrounding all the new development in Inglewood, this area has seen consistent appreciation and continues to command strong rental rates, making it an ideal location for both short- and long-term investment strategies.
Don't miss out on this exceptional opportunity to capitalize on one of LA's best areas for investment!
Unlike typical development transactions, this one offers the ability to work on plans for submission prior to close of escrow. This flexibility significantly reduces carrying costs and enhances overall profitability. Just a short trip to the burgeoning entertainment scene surrounding all the new development in Inglewood, this area has seen consistent appreciation and continues to command strong rental rates, making it an ideal location for both short- and long-term investment strategies.
Don't miss out on this exceptional opportunity to capitalize on one of LA's best areas for investment!
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR1
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 4005027028
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Steve Aranda • Altadena Real Estate Company • 323-868-6242