Description
A rare chance to acquire a shovel-ready development site in South Los Angeles with architectural plans in hand. The heavy lifting on entitlements is done - a builder can step in, renew the permit, 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.
Details
| MLS # | SB26142582 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 59 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Stephen Takahashi |
Features
| Zoning | LAR3 |
|---|---|
| Acreage | 0.17 |
| Property View | None |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90061 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90061) | |
Price: $690,000 low | high Med: $674,999 On site: 59 low | high Med: 27 | |
Market Activity 90061
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90061 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90061) | |
Price: $690,000 low | high Med: $674,999 On site: 59 low | high Med: 27 | |
Nearby Listings (Within 1/10 mile)
Price: $517K - $862K
sqft: 0 - 0
 | $690,000132 E 119thLos Angeles, CA 90061 |
Listing Updated: August 21, 2026 at 11:28:10 PM PDT