5955 S Van Ness Avenue
Los Angeles, CA 90047
0.11 acres | #PF25082500
Description
Development Opportunity. This newly created lot will be delivered fully entitled to build a 1600 sqft duplex in one of the most rapidly improving areas in all of Los Angeles. Only minutes away from major entertainment venues such as Sofi Stadium, Intuit Dome, Hollywood Park Casino, and NFL Headquarters, this property is ideally located to build a cash flow investment, or create equity for resale.
Unlike typical development transactions, this one offers the ability to work on plans for submission prior to close of escrow. This flexibility significantly reduces carrying costs and enhances overall profitability. Just a short trip to the burgeoning entertainment scene surrounding all the new development in Inglewood, this area has seen consistent appreciation and continues to command strong rental rates, making it an ideal location for both short- and long-term investment strategies.
Don't miss out on this exceptional opportunity to capitalize on one of LA’s best areas for investment!
Property Details
- Lot DescriptionZeroToOneUnitAcre
- CountyLos Angeles
- MLS #PF25082500
- MLS #PF25082500
- Property TypePurchase
- Original List Price$279,000
- Acres0.1102
- Utility SourcePublic
- Cost279000
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steve Aranda (#pf17362m)
Listing Office: Altadena Real Estate Company (#pf11645m)
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