1699 109Th StLos Angeles, CA 90059

Property Details for 1699 109Th St

Lot size

0.58 AC

Property size (Sq ft)

25,350 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

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.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9371

Longitude

-118.245

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