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1200 Gordon St

0.15 Acres of Residential Land Offered at £941,292 in Los Angeles, CA 90038

Executive Summary

For Sale: Prime Corner Vacant Lot in Hollywood – Perfect for Developers!
Lot Size: 6500 sq ft
Zoning: R3-1
Utilities: Available at street
Key Features:
Strategic Corner Location: Situated at a high-visibility intersection, this corner lot offers unmatched exposure and potential for a variety of development projects.
Gentrifying Neighborhood: Located in a rapidly evolving area with a surge in new developments, increasing property values, and growing demand for modern residential, mixed-use, and commercial spaces.
Close to Amenities:
Just minutes from major shopping centers, dining, and entertainment options
Easy access to public transportation, including bus stations
Near schools, parks, and healthcare facilities
High Demand for Development: The surrounding area is attracting significant investments, with new residential and commercial developments popping up nearby. Ideal for a multifamily project.
Future Growth Potential: As the neighborhood continues to gentrify, properties in this area are poised to see substantial appreciation, making this an excellent investment opportunity.
Convenient Access: Quick access to major highways and public transit, making it an attractive option for both residents and businesses.
Owner can demolish existing structure prior to close
Buyer to verify if site is appropriate for their intended use.

Property Facts

Price £941,292
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.15 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £941,292
Price Per AC £6,308,124
Lot Size 0.15 AC

6500 square feet vacant corner lot zoned R3-1 Tier 2 TOC.

Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R3-1 (Residential)
R3-1 (Residential)
  • Listing ID: 33858196

  • Date on Market: 13/11/2024

  • Last Updated:

  • Address: 1200 Gordon St, Los Angeles, CA 90038

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