Mid Los Angeles (C16) Homes with Unimproved Land Subtype

Mid Los Angeles (C16) Homes with Unimproved Land Subtype

Welcome to Mid Los Angeles (C16), a vibrant and diverse region that captures the essence of urban living while offering a unique blend of culture, convenience, and community charm. Nestled in the heart of Los Angeles County, this area boasts a rich tapestry of neighborhoods, each with its own character and appeal. From the bustling streets filled with eclectic shops and trendy eateries to the serene parks that provide a refreshing escape from city life, Mid Los Angeles has something for everyone.

One of the most exciting opportunities in this region is the availability of homes with unimproved land. This unique real estate subtype presents a fantastic chance for buyers looking to invest in a property that offers both potential and flexibility. Whether you envision building your dream home, developing a multi-family residence, or simply enjoying a spacious yard, unimproved land allows you to unleash your creativity and make your mark in this dynamic city.

Living in Mid Los Angeles means you’re just a stone's throw away from the cultural treasures of downtown LA, renowned entertainment venues, and an array of dining options that reflect the area's rich diversity. With easy access to major freeways and public transportation, commuting to work or exploring the greater Los Angeles area is a breeze.

Whether you’re a first-time homebuyer, an investor, or simply looking for a new place to call home, Mid Los Angeles offers a unique opportunity to blend urban living with the promise of growth and development. Discover the potential that awaits you in this thriving community!

Newest Mid Los Angeles (C16) Homes with Unimproved Land Subtype

$1,000,000
CV26002139 MLS Active Status
ATTENTION DEVELOPERS AND INVESTORS. ENTRY FOR REFERENCE PURPOSES. Rare urban infill parking and development opportunity located at 741 S Bonnie Brae Street, Los Angeles, CA (APN: 5142-003-021) in the Westlake / MacArthur Park submarket. The property consists of an approximately 9,150 SF flat, fully fenced lot with approximately 61 feet of street frontage and 150 feet of depth, currently improved with approximately 36 striped parking spaces and alley access. The parcel is zoned R4-1 (City of Los Angeles) and is located within a Transit-Oriented Communities (TOC) Tier 3 and ED1-eligible area, offering compelling long-term residential or mixed-use redevelopment potential, subject to buyer verification and City approvals. The property is part of a two-asset portfolio that includes the adjacent, fully occupied office building at 1833 W 8th Street (MLS #CV26000487, APN: 5142-006-009), which is valued at approximately $3.7 million. The combined portfolio price is $4.7 million. The Bonnie Brae parcel is shown separately at $1,000,000 for valuation and underwriting reference only. Ownership may consider a separate sale of this parcel on a case-by-case basis, at seller’s sole discretion. All information deemed reliable but not guaranteed. Buyers and their representatives are advised to conduct their own independent due diligence regarding zoning, lot dimensions, development feasibility, pricing, and portfolio structure. Property sold AS-IS.

741 S Bonnie Brae Street, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.