707 W 80th Street, Los Angeles, CA 90044

$850,000 Asking Price

3 beds
2 baths
1,269  sqft
Built in 1919

We are pleased to present for sale a wonderful development opportunity located in the Vermont Knolls neighborhood of South Los Angeles! Located on an oversized 9,300 sqft lot zoned R3-1, the subject property is an excellent fit for an ED1 100% fully affordable project OR build up to 22 units using TOC Tier 1 incentives. The site is a single family owner occupied home that will be delivered VACANT = no dealing with tenant relocation or SB 8 low income replacement!! The lot measures 50 by 186 ft and is FLAT. Low price per square foot of just $91/SF on current asking price. Located in South LA walking distance to Smart & Final, Chase, McDonalds, Subway, freeways, and more. Do not miss this opportunity to build in a high rental demand pocket of Los Angeles at this low of a low price point!! Contact listing agent for more details.

Features & Amenities

Interior

Laundry:
See Remarks
Fireplace:
None

Exterior

General:
None
Style:
See Remarks
Pool:
None
Parking:
Driveway, Parking spaces: 1

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR4, 6032027008
View:
None

Financial

Source:
CRMLS

This listing courtesy of:
Keller Williams Beverly Hills, Daniel Shamooelian

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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