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3313 W 48th St

Los Angeles, CA 90043
  • $1,195,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 25-489671
UPDATED: 55 min ago
$1,195,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

**Developers /Investors** We are proud to exclusively present for sale an incredible Development Opportunity centrally located in prime Leimert Park. Situated on a prime corner lot of Crenshaw Blvd and 48th Street, this approx. 7,731 SqFt C2-Zoned lot features 50x155 ft dimensions, Tier 3 TOC, and is located in the QUALIFIED OPPORTUNITY FUND ZONE for tax incentives to investors! This existing 781 SF retail building will be delivered VACANT. The possibilities are endless including new construction Townhomes, Mixed-use commercial, Senior-Living Facility, or an Affordable Housing Project. This property is SB8 exempt and SB 684 which is ideal for a small lot subdivision. Conveniently located near the new Crenshaw Metro Line and Destination Crenshaw, which is a unique open-air museum currently under construction. Sale also includes RTI plans for a proposed 6-unit (three-duplexes) development. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-12T08:42:30.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/159756167
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3313 W 48th St Los Angeles, CA 90043

  • Price: $1,195,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 55 min ago
  • MLS #: 25-489671
0
Beds
0
Baths
0
½ Baths
0.18
Acres
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property Description
**Developers /Investors** We are proud to exclusively present for sale an incredible Development Opportunity centrally located in prime Leimert Park. Situated on a prime corner lot of Crenshaw Blvd and 48th Street, this approx. 7,731 SqFt C2-Zoned lot features 50x155 ft dimensions, Tier 3 TOC, and is located in the QUALIFIED OPPORTUNITY FUND ZONE for tax incentives to investors! This existing 781 SF retail building will be delivered VACANT. The possibilities are endless including new construction Townhomes, Mixed-use commercial, Senior-Living Facility, or an Affordable Housing Project. This property is SB8 exempt and SB 684 which is ideal for a small lot subdivision. Conveniently located near the new Crenshaw Metro Line and Destination Crenshaw, which is a unique open-air museum currently under construction. Sale also includes RTI plans for a proposed 6-unit (three-duplexes) development. Property to be sold in AS-IS condition. Buyer to do their own due diligence and research to the development potential. Do not miss out on this special opportunity!
Exterior Features

Lot Size Area 7742 View Description None View YN No

Property Features

Cable YN Yes Disclosures As IsAffordable Housing QualifiedBuilding Plans Available Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning LAC2

Listing provided courtesy of Derrick Smith DRE#02019367 of Coldwell Banker Realty: 310-777-6200.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-12T08:42:30.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
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