90061 Land for Sale

90061 Land for Sale

Located in the vibrant city of Los Angeles, California, the zip code 90061 offers a unique blend of urban living and natural beauty. Situated in Los Angeles County, this area is known for its diverse culture, thriving economy, and numerous recreational opportunities.

For those looking to invest in land, 90061 provides an excellent opportunity. With a variety of land for sale, you can find the perfect plot to build your dream home or start a new business venture. Whether you're seeking a spacious lot for a residential property or a commercial space to establish a thriving business, there are options to suit every need.

The land available in 90061 is highly desirable due to its convenient location and proximity to amenities. With easy access to major highways and public transportation, commuting to other parts of the city is a breeze. Additionally, the area boasts a range of schools, parks, shopping centers, and dining options, ensuring that residents have everything they need within reach.

Investing in land in 90061 offers not only the potential for future development but also the opportunity to become a part of a vibrant and growing community. With its prime location, rich cultural heritage, and a promising real estate market, this area is an excellent choice for anyone looking to make a smart investment in Los Angeles. Don't miss out on the chance to own a piece of this thriving neighborhood.

Newest 90061 Land for Sale

$1,150,000
26933995 MLS Active Status
We are pleased to present 10958 Avalon Blvd, a compelling +/-11,785-square-foot development opportunity priced at just $97/SF in the heart of South Los Angeles. Situated on a prominent corner lot with alley access, the property is zoned LARD2-1 and benefits from a Tier 2 TOC designation, creating a variety of potential development avenues for investors and developers.The site offers the opportunity to pursue either a market-rate residential development or an affordable housing project, with particularly attractive potential under Los Angeles' Executive Directive 1 (ED1) framework. A 100% affordable ED1 development could potentially accommodate approximately 80 residential units, with no on-site parking requirement, providing an efficient development scenario utilizing a cost-effective stick-built, at-grade construction approach. The current ownership has also prepared plans for a 66-unit residential development, providing a valuable starting point for a prospective developer and demonstrating the site's residential potential.Beyond residential development, the property's existing improvements may provide an opportunity for an owner-user or entrepreneurial operator to reposition and revive the site's previous automotive use. While the existing structures are currently in disrepair, the property's zoning, corner positioning, and accessibility create flexibility for a buyer evaluating multiple strategies.The location provides excellent connectivity throughout Los Angeles, with the property positioned directly across from Alain LeRoy Locke College Preparatory Academy and convenient access to the 110 and 105 Freeways. Multiple nearby bus routes further enhance accessibility, providing connectivity for both residents and employees. The combination of transit access, proximity to major employment centers, and a substantial surrounding residential population supports the area's long-term demand for well-located housing.Buyer shall independently verify all zoning, TOC, ED1, unit-count, parking, density, development, and other property characteristics with the appropriate governmental agencies. All development concepts and unit counts are subject to Buyer's independent due diligence, approvals, and feasibility analysis. Contact the listing broker for additional information.

10958 Avalon Boulevard, 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.