Description
The property at 744 s carondelet st, los angeles, ca is a prime vacant lot offering exciting investment opportunities. it spans 7,500 square feet and is zoned r4-1 with toc tier 3 designation, allowing for the development of up to 19 units by right or 33 units with toc incentives (buyer to verify). seller has started working on plans to build a 29-unit apartment complex consisting of 6 stories, and a desirable unit mix of studio's, one beds, and two beds. located in a qualified opportunity zone, it may provide potential tax benefits for developers (buyer to consult with their cpa and attorney). the site is conveniently situated near major transportation hubs, shopping, dining, and entertainment options, with easy access to the i-10, i-110, and us-101 freeways. if you're considering this property, it could be a fantastic opportunity for residential development in a high-density area.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
49626831
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1722
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7502
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Listing Information
Listing Price Information
- Original List Price: 1,499,000
- Listing Contract Date: 2025-05-05
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5141015019
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C42 - Downtown L.A.
- Postal Code Plus 4: 3902
- Directions: South of Wilshire, West of Alvarado, East of Hoover.
- Zoning: LAR4
- Source Property Type: Land
- Area: C42 - Downtown L.A.
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 05/10/2025 @ 06:27
- MLS: 25527851
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7,502 sized lot, and 0 parking. are nearby neighborhoods.