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132 E 119th St
Los Angeles, CA 90061 Harbor Gateway North

$765,000 USD

Land For Sale  •  0.13 AC

Property Details

  • Property Type Land
  • Lot Size 0.13 AC
  • Zoning LAR3
60 Transit Score
50 Walk Score

Description

A rare chance to acquire a shovel-ready development site in South Los Angeles on the only R3-zoned lot in the immediate area. The heavy lifting on entitlements is done - a builder can step in with current permits in hand, and break ground without the typical 12–18 month entitlement delay. The approved design maximizes the lot with a thoughtful mix of 2- and 3-bedroom units well-suited for the local rental market

Highlights

Approved plans for a 4-unit, 3-story apartment building (current permits valid)
Unit mix: (2) 2-bedroom + (2) 3-bedroom -~7,750 SF of buildable area
7,350.25 SF lot | LAR3 zoning | 40' x 140'
Bare land — no demo, no relocation, no tenant issues
South LA infill location near the 105 & 110 freeway interchange

Property Flyers

Public Transportation

Transit/SubwayDriveWalkDistance
Avalon Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
Harbor Fwy Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 17 min - 9.6 mi
Long Beach (Daugherty Field) 21 min - 13.4 mi
Bob Hope 38 min - 26.6 mi
Stephen Takahashi 310-403-9145 Lyon Stahl Investment Real Estate, Inc.
Stephen Takahashi 310-403-9145 Lyon Stahl Investment Real Estate, Inc.