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Listed by Nicholas Greenway, DRE #01793018 • Amberwood Real Estate, Inc.
$ 1,170,000
Est. payment | /mo
0.51 Acres Lot
$ 1,170,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25258255
Lot Size 0.514 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Prime Development Opportunity in Desirable R-1-M Zone! Spanning over half an acre (22,380 sq. ft.) this exceptional parcels offers incredible potential for builders, investors, or visionaries looking to maximize value. Zoned R-1M, the property's highest and best use allows for a 4-lot subdivision, with the ability to build up to 4 structures per lot - a total of 16 potential units (buyer to verify with city). Alternatively, create your dream estate with flexibility under SB-9 guidelines: build a spacious single-family residence with an attached 1,200 sq. ft. SB-9 unit, plus two detached 1,200 sq. ft. ADU's - perfect for multi-generational living or rental income. With ample lot size, favorable zoning, and multiple pathways for development, this property presents a rare opportunity to capitalize on the growing demand for housing in the area. Don't miss your chance to design and build a custom propject that stands out in today's market!
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Zoning PRKG,LY
Exterior
View None
Building
Water District - Public
Others
Tax ID 7210040018
Special Listing Condition Not Applicable
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