Los Angeles Homes with Unimproved Land Subtype

Los Angeles Homes with Unimproved Land Subtype

Welcome to the vibrant city of Los Angeles, California, where the sun-kissed beaches meet the bustling urban landscape, creating a unique blend of culture, creativity, and opportunity. Known as the entertainment capital of the world, Los Angeles boasts iconic landmarks such as Hollywood, the Griffith Observatory, and the stunning Santa Monica Pier. With its diverse neighborhoods, each offering distinct lifestyles and amenities, LA is a city that truly has something for everyone.

As you explore the real estate market in Los Angeles, you may come across homes with unimproved land, a fantastic opportunity for those looking to invest in property with potential. These homes typically come with a parcel of land that has not yet been developed, allowing you the freedom to envision and create your dream space. Whether you’re an aspiring homeowner wanting to build your sanctuary or an investor looking for a promising project, these properties offer unparalleled flexibility.

Imagine the possibilities! Picture a modern oasis with lush gardens, a serene outdoor entertainment area, or even a sustainable retreat tailored to your lifestyle. Located in the heart of LA, these homes with unimproved land are not just a canvas for your imagination but also a strategic investment in a city that continues to thrive. With the right vision and creativity, you can transform these spaces into something truly remarkable, all while enjoying the vibrant culture, world-class dining, and endless recreational activities that Los Angeles has to offer. Discover your next adventure in the City of Angels!

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.