Los Angeles, CA 90047,5955 S Van Ness AVE
Los Angeles, CA 90047,5955 S Van Ness AVE
Los Angeles, CA 90047,5955 S Van Ness AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$254,000
Est. payment /mo
4,800 Sqft Lot
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UPDATED:

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!

AFTER EASEMENT FOR ACCESS, THE BUILDABLE SQFT OF THIS LOT WILL BE 1500 SQFT.

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


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California Regional MLS (CRMLS)
Listed by Steve Aranda • Altadena Real Estate Company • 323-868-6242

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