$925,000

5150 S Western Avenue, Los Angeles, CA 90062

6,502 sqft

Land
Built in ——
6,534sqft lot
—— car garage
$142/sqft
Listed 5 months ago

Property Description

Prime Development Opportunity â€“ 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 projectâ€”don't miss out!

Listing Status:: Active
Date Added:: June 5, 2025 at 05:00AM
Listing Office:: OPTION ONE REALTY & INVESTMENT : 626-974-0453
Listing Agent:: Jaime Ruiz : 626-974-0453
MLS ID:: CRCV25126614

HOA Amenities: 0.0
County: Los Angeles

Zoning: LAC25003005015
View: None
Fencing: Chain Link

This listing courtesy of Jaime Ruiz, OPTION ONE REALTY & INVESTMENT

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Western Avenue Elementary

1724 W 53rd St, Los Angeles, CA, 90062

Grades KG-5

0.16 miles away

Barack Obama Global Preparation Academy

1700 W 46th St, Los Angeles, CA, 90062

Grades 6-8

0.36 miles away

Whitney Young Continuation

3051 W 52nd St, Los Angeles, CA, 90043

Grades 9-12

0.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.