For Sale
$1,248,000

1699 109Th StLos Angeles, CA 90059

$1.2M Retail Land, 25,350 SF

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 0.58-acre commercial property, located at 1699 E 109th St, Los Angeles, CA 90059, presents a unique investment opportunity. The property boasts a substantial 25,350 square feet of land, currently zoned R-3, offering significant development potential. The asking price is $1,248,000, translating to $58.97 per square foot. Situated in a densely populated area of Los Angeles City Council District 15, this location benefits from its proximity to public transportation, specifically within walking distance of the Metro A & C lines. The property features a fenced and paved yard, adding to its practicality and appeal. The APN is 6069002019. This transit-oriented community presents a compelling opportunity for developers seeking to capitalize on the high demand for residential development in this thriving Los Angeles neighborhood. The property's quiet cul-de-sac location offers a desirable setting while maintaining easy access to major transportation arteries. This R-3 zoned lot offers a rare chance to acquire a significant parcel of land in a high-growth area of Los Angeles. The specific permitted use is residential development, making this an ideal investment for those seeking to build in a well-connected and densely populated area.

Highlights

  • R-3 zoned development site.
  • Transit-oriented development (TOD), Tier 3 rating.
  • Walking distance to Metro A & C lines.
  • Quiet cul-de-sac location in densely populated Los Angeles, Council District 15.
  • Fenced and paved yard.
  • Residential development permitted.

Property Details for 1699 109Th St

Property type
Retail properties, Land
Square Feet
25,350 SF
Lot Size (sq. ft)
25,265 SF

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.9371167
Longitude
-118.245176
1699 109Th St, Los Angeles, California

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1699 109Th St
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