Playa Del Rey CA Real Estate & Land for Sale

Prime location for development opportunity. Vacant lot on Washington Blvd.

Seller has permits RTI for 18 market rate units however this vacant lot has ED1 development potential for up to 60 units! Lot Dimensions are approximately 95 X 100 SF (2) 20 Foot Ally. Irreplaceable Prime West LA location!

Rare development opportunity to build 3 units in prime Venice. Just one half mile from the world famous Venice Beach and close to shopping and dining on Abbot Kinney. This ideally located vacant lot offers a total of 5,222 square feet of land (.012 acres) The RD-1.5 zoning allows for up to 3 units to be constructed. THIS PROPERTY IS SUBJECT TO "AFFORDABLE HOUSING RESTRICTIONS" PER LOCAL ORDINANCE.

Calling all investors! Opportunity awaits on one of the hottest streets in Venice. Surrounded by trendy coffee shops, restaurants, condos, and less than a mile to the beach this property offers a prime location to build what you desire. Zoned LAC4, this 5,796 square foot lot is zoned for both residential and commercial projects offering many possibilities. This property is being sold for land value. Property is very rentable as is and can offer income while you obtain permits.

MAJOR PRICE REDUCTION!!! 12124 Pacific Avenue is a phenomenal multifamily development site in the heart of the highly coveted neighborhood of Mar Vista. The property is being sold with plans and is close to being RTI. This is an extraordinarily rare opportunity to purchase an oversized 30,001 sq. ft. R3 Lot in a prime West Los Angeles location. The current plans allow a developer to construct a 97,964 sq. ft. 92 Unit building with an excellent unit mix consisting of: 1 Three Bedrooms + Three Baths, 1 Three Bedrooms + Two Baths, 32 Two Bedrooms + Two Baths, 7 Lofts with One Bedroom + Office + Two Baths, 34 One Bedroom + Office + One Bath, 17 - One Bedroom + One Bath. The 92 total units in the building include 18 ADUs as well as 11 Very Low Income Units. Owner can apply for additional density pursuant to the new State Density Bonus Law AB 1287. This will increase the density to 102 total units (82 Units plus 20 ADUs). Located within the heart of Mar Vista, this prime development site enjoys all the advantages of a thriving community. Nestled between the Pacific Ocean and vibrant urban centers, Mar Vista offers an idyllic coastal lifestyle with easy access to the city's amenities and jobhubs. Known for its picturesque streets, green spaces, and proximity to Silicon Beach, Mar Vista continues to attract residents seeking a balanced urban-coastal lifestyle. Mar Vista's real estate market has shown remarkable resilience and growth. This multifamily site is a strategic investment that aligns perfectly with the demand for housing in the area and undoubtedly will seamlessly blend with the neighborhood's character, providing a living experience that enhances the vibrant Mar Vista community. OM is available upon request.

12028-12032 W. Venice Blvd is a rare opportunity to purchase a property that is ideal either as an existing mixed-use building, or a lucrative development site in one of Los Angeles' hippest submarkets, Mar Vista; nicely nestled between Venice Beach, West LA. The subject site sits just one block from the Mar Vista Farmers Market, and two doors down from the Mar Vista Branch Library. The neighborhood is surrounded by high-end restaurants, bars, retail, a bowling alley, and many newly constructed residential units. This stretch of Venice Blvd falls within the newer Venice Blvd Safety and Mobility Project which includes protected bike lanes, and new metro lines. In August 2023, Eater named Mar Vista the "Westside's Hottest Dining Destination."The subject property is a rare opportunity to purchase an Existing Unit Mix: Two Retail + 6 Residential Apartment Units on a C2 zoned +/- 8,248 square foot parcel. This building is a great buy for both a value-add building operator and a developer. An investor can benefit from an immediate 65% upside in rent while holding valuable land for a future development project; or, a developer can take advantage of a major housing shortage and demand for residential housing by developing either a mixed-use market-rate or affordable project on this prime corridor that boasts 44,573 traffic count and 87 walk score.The subject building comprises two buildings and two free-standing garages on one lot. The front building is two stories and features approximately 2,442 square feet of ground floor retail and commercial space and four 1 bedroom/1-bathroom apartments on the second floor. The second building is a two-story duplex, each unit of which is a 1 bedroom/1 bath that occupies one floor. In between the two buildings are two free-standing parking garages and multiple assigned parking spaces for each tenant. The commercial spaces are partially occupied by residential tenants, likely in violation of the Los Angeles Rent Stabilization Ordinance (buyer to verify). A value-add investor can benefit by converting ground-floor commercial into high-end Mar Vista retail, with a proforma income of +/-$5.00 per square foot, NNN, or $12,210 per month net. The 6 residential one-bedroom units comprise approximately 3,752 square feet, or 625 square feet per unit on average. The pro forma rent for those units is $2,550 per month, for a pro forma gross income of $15,300 per month in residential rent. The two garage spaces present an opportunity to create a studio or one-bedroom Accessory Dwelling Unit.The 8,248 square foot lot can be combined with additional square footage of approximately 374 square feet given the abutting alley for a total buildable lot size of 8,619 square feet. By right, a developer can build a mixed-use 21-unit development site with retail on the ground floor. Alternatively, using the A25 section 12.22 Density Bonus Rules, a developer can build 29 units by providing between 11%-20% affordable units, with ground floor retail. Finally, using AB2334, as a 100% affordable project, a developer can build potentially up to 32 units.

6,000 sq.ft. corner lot one block from Santa Monica Beach and Main Street stores and restaurants. Lot is zoned MUBL (Mixed-Use Boulevard Low), which favors potential development of ground floor commercial and upper floor housing. Highly visible potential site to show off new architecture. The property currently has a 3 BR 2 bath 1,954 sq.ft. home built in 1984. Gated access to a two car garage and additional parking. Could be used for home and business. Do no disturb occupants. Seller will show the house only after accepted offer. To be sold "As Is". Seller requests up to six months leaseback after the sale to facilitate moving.

Highly desirable Santa Monica lot ... builder's delight for development. .........part of 2 parcel sale (619 / 621 Pacific) for development opportunity - sold together. Seller is doing a 1031 exchange at COE and Buyer to cooperate at no expense to the Buyer. Reduced priced to move and submit all offers.

Introducing 1917 4th St - The Perfect Opportunity in Santa Monica Located at 1917 4th St in the heart of Santa Monica, California, this exceptional property presents a unique investment opportunity. Offering a highly sought-after location and a vibrant community, 1917 4th St is a valuable asset with immense potential. The property boasts 6,135 square feet (0.14ac) of land space, perfectly suited for a range of residential or commercial uses. This prime location is in close proximity to popular shopping destinations, renowned restaurants, and bustling entertainment venues. The property enjoys excellent visibility, ensuring maximum exposure for any business and attracting high value tenants. With its potential, 1917 4th St stands out as an attractive investment option. Please, note there is a 720sf vacant structure on the property. Whether you are an investor looking to add to your portfolio, a business owner searching for the perfect space, or an entrepreneur seeking to establish a foothold in Santa Monica, this property offers unparalleled opportunities. Don't miss out on the chance to own this exceptional property at 1917 4th St. Contact us today to get more info.

A development opportunity at 215 W Plymouth St., a 10,016 SF lot zoned R3 in the City of Inglewood. All Vacant- NO tenant relocation required! Currently there is a 2 Story Single Family residence, and a detached duplex above 4 garages. By Right, 7 detached units can be built. Prime location, just minutes away from Playa Vista, Westchester, Marina Del Rey, SOFI Stadium, Intuit Dome, and much more. Centrally located near LAX, 405/105 FWY, and Beach Cities.

We are proud to present 414 Stepney Street, a unique opportunity for a developer to build 100% affordable units which would allow for unlimited density.The Offering is comprised of 54,484 square feet of land (approx. 1.25 acres) zoned R3/MU. The Site is currently run as a mobile home park and grosses $442,000 per year. This allows for a developer to cash flow while plans and entitlements are drafted for the sites highest and best use. The Lot is located on the corner of Centinela Avenue and Stepney Street just North of Florence Avenue in the highly sought after City of Inglewood. With a Walk Score of 84, The Offering is located less than 2 miles from Hollywood Park, home to the $6B Sofi Stadium and the highly anticipated $2B Intuit Dome new home of the LA Clippers. The master planned community will also include approximately 3,000 new residential units, 1.5 million square feet of new retail space, and 20 acres of parkland. The City of Champions is known for its extraordinary sports history, but more importantly for investors, it is known as a development hub with superb investment opportunities due to its pro-growth and user-friendly municipal government which caters to progression. Exciting developments have brought the world to the City of Inglewood for sports, entertainment, and business opportunities. But for Inglewood residents, these changes have come at a cost with rising rents leading to tough choices.The Inglewood Home Assist Fund (Inglewood Fund), made possible by the City of Inglewood and Mayor James T. Butts in connection with the construction of the Intuit Dome, takes center court as a $75 million initiative to meet the growing demand for housing in the City of Inglewood. Century Housing, along with our partners, will administer the fund by lending to qualified developers for the acquisition, development, and preservation of affordable and mixed-income housing. Developers based in Inglewood will receive priority.

HUGE PRICE REDUCTION! Located on the prestigious and popular vacant lot with complete architectural plans approved by City of Santa Monica with a current and valid tract map. Perfect opportunity for developer or builder to complete the RTI process and build within the next 6 months. Current approved architectural plans are for 6 Luxury Attached Townhouses side by side with subterranean parking ranging in various sizes. Each unit has its own access from street level. Property is centrally located in a highly sought area and is within close proximity to shopping and public transit. The plans are beautiful and designed by a famous architect. Once built there will be views of the water from the rooftop deck of every townhouse. Don't pass on this rare opportunity at this price with being very close to getting RTI.

https://svidlercre.com/delmas3751 *21 Unit Project in the Culver City-adjacent area of Los Angeles; designed with special care to construction efficiencies, with no subterranean parking (though 8 parking spaces are included) and stacked units. Spread over six stories, the finished project should offer unobstructed views on all sides starting on the 3rd floor and up. The Project will be delivered Ready-to-Issue, with 14,730 SF of rentable space spread out over the 17 original units and 4 future ADUs. With 7 two bedroom and 14 one bedroom units, build it and the tenants will come to enjoy the sixth floor spacious open patio and tremendous benefits of this location. Sixteen units will have balconies, the units will share an elevator, and there will be one staircase at each end of the building. Two units are reserved for ELI tenants. A five minute walk to Downtown Culver City, Erewhon and The Culver Steps, the property is surrounded by shops, nightlife, casual and fine dining. Near Sprouts, Trader Joe's, The Culver Theater, Equinox and just about anything else that a resident may want. Walk Score calls this area a Walker's Paradise, Very Bikeable with Good Transitjust half a mile to the Exposition Metro Station. The area is a jobs center, with the Los Angeles-area headquarters for Amazon, Apple and HBO. The Project will be delivered with approved DWP P-Drawings and no encroachment interferences, valuable entitlement approvals have been received through the Specific Plan and CEQA process. Unique entitlements granted the Project reduced yards on all four sides, resulting in a larger buildable envelope.

Fantastic opportunity to build your dream home in the prestigious and popular north of Wilshire, Santa Monica area. Ready to Issue plans include a 3 bedroom 4 bathroom + a study room which could be used as a fourth bedroom, open modern floor plan charming home situated on a 5,011 sq ft. lot and offers tremendous potential to live in a great neighborhood. Plans also include a large ADU suitable for in-laws or rental. Project is located in prime Santa Monica, walking distance to boutiques, shopping, fine dining, beaches, and parks. Top rated Santa Monica Franklin Elementary and Lincoln Middle Schools are nearby. This Structure of Merit existing house is eligible for Mills Act that may reduce property taxes. (Buyer to verify.) This rare opportunity is being offered for a limited time as it is being sold with complete architectural plans. The permits are ready to be issued, saving you at least 1.5 - 2 years, carrying and entitlement costs. This planned luxurious estate, traditional in exterior style, boasts a total square footage of 2407 sq. ft. and sits on a 5,011 sq. ft. flat lot. This remarkable property offers an abundance of amenities and features that will exceed your expectations. With 3 bedrooms, 4 bathrooms, and an ADU there is ample space for your family and guests to feel comfortable and at home. There is a dedicated first floor office space perfect for those who work from home requiring a private workspace or maybe a fourth guestroom or gym. A resort-style backyard could be created to add a touch of relaxation and tranquility to the property. Don't miss the opportunity to own this unique project that effortlessly combines luxury, value, functionality, and convenience.

UNIQUE DEVELOPMENT OPPORTUNITY! Exceptional vacant lot nestled on a serene cul-de-sac, presenting an ideal canvas for developers. Revel in breathtaking panoramic vistas that encompass the sprawling LA basin, dazzling city lights, skyline views, expansive mountain ranges, and the iconic Hollywood Sign. Take advantage of the included architect plans, including geo reports, providing a head start on your vision. This coveted property is situated in the upscale Baldwin Hills neighborhood with highly prestigious developments, which further enhances it's desirability.

Strategically positioned at the highly visible southwest corner of Santa Monica Blvd. and Barrington Ave., this 12,891 SF LAC2 zoned lot offers an exceptional investment prospect. With over 70 feet of frontage along Santa Monica Blvd. and more than 175 feet along Barrington Ave., the property ensures optimal visibility for any future development.Conveniently situated just 1/2 a mile from the 405 freeway, accessibility is a key advantage of this location. Moreover, it's a mere 2 miles from UCLA and a short 3-mile drive to the iconic Santa Monica Beach,enhancing its appeal to a diverse range of potential tenants or buyers.Benefitting from a signalized intersection, the site enjoys substantial car traffic counts exceeding 50,000 CPD, guaranteeing consistent exposure. Additionally, the property generates income through billboard advertising.Demographically, the area boasts over 250,000 residents within a 3-mile radius, with a median household income surpassing $75,000.These robust statistics underscore the lucrative market potential for various business ventures. CALL FOR OFFERS! ALL OFFERS DUE MAY 16th!!!

We are excited to present a primely located development opportunity located at 1656 Sawtelle Blvd, Los Angeles, CA 90025.The project is ready for immediate construction with the plans being fully approved and RTI (ready to issue). Also, the old structure on the lot has already been demolished allowing for an even quicker construction start date.The RTI plans call for the development of 33 apartment units that will span an 24,804 square feet of gross building area. The proposed design includes 21 one-bedroom/one-bath and 12 two-bedroom/one-bath apartments, four of which are designated for very low-income tenants.This opportunity provides a unique advantage to bypass SB330 regulations and develop 33 units in a prime location at the heart of one of Los Angeles' most booming sub-markets. West Los Angeles is a continually growing area with some of the lowest vacancy rates in the county.1656 Sawtelle is located in the the Sawtelle neighborhood of West Los Angeles which is a vibrant and eclectic area that serves as a cultural crossroads, most notably highlighted by its "Little Osaka" district that showcases a rich blend of Japanese and American culture. This diverse and bustling community is a food lover's paradise, renowned for its array of sushi bars, ramen houses, and specialty grocery stores, as well as a variety of other international cuisines. Not just a gastronomic haven, Sawtelle is also a commercial and residential hub, featuring trendy boutiques, art galleries, and modern apartment complexes. The neighborhood enjoys excellent accessibility, bordered by major arteries like the 405 Freeway and Santa Monica Boulevard, making it convenient for both residents and visitors. Adding to its allure are its green spaces such as Stoner Recreation Center, where families can enjoy outdoor activities in a relaxed setting. With its unique blend of cultural diversity, commercial vitality, and residential comfort, Sawtelle offers a microcosm of what makes West Los Angeles one of the most desirable places to live and visit.

Fully Vacant Triplex zoned LAR3, 11,363 square feet lot TOC Tier 3 in a highly invested and gentrifying area surrounded with many brand new construction mixed-use, commercial, retail and apartment buildings nearby. This is an investors and developers delight with endless opportunities and options as a fixer, tear down and a redevelopment project. Preliminary plans and proposed conceptual drawings are available to do an 100% Affordable housing ED-1 project of a 63 unit 4 Story building(Type V lower construction costs) , 5 story 77 unit building or up to a 7 story 107 unit building. There is also an option to do a market rate project with retail at the bottom, 10 Townhomes plus two ADUS (4 duplexes) or add ADUS and remodel the existing units (buyer to verify all with architect). The property is in the City of Los Angeles jurisdiction and is ED-1 eligible with, AB 2345 and AB 2097 qualified and minutes to Inglewood's new Sofi Stadium, the new Clippers Intuit Dome Stadium, Hollywood Park, Kia Forum, and so much more! The City of Los Angeles recently bought a 41 unit building nearby for $17.2 million for supportive housing so this area is rapidly booming!

Nestled in the prestigious North of Montana neighborhood, this exceptional property offers an unparalleled opportunity to realize your vision of a dream estate. Approved for immediate construction with RTI (ready to issue) permits, this project features plans for an impressive 6,300 SqFt architectural Modern-barn residence on an expansive 7,500 SqFt lot. Thoughtfully crafted for the most discerning buyer, the design includes 7 bedrooms, 8 bathrooms, a Theatre, Gym, Pool, and an ADU complete with a full kitchen, bedroom & bath. The layout is perfect for family gatherings and entertaining.This prime location is just steps away from the upscale dining, shops, and cafes of Montana Ave, as well as the Riviera Country Club, Brentwood Country Mart, Santa Monica Stairs, and Brentwood Country Club. The neighborhood's walkability and proximity to top attractions are unmatched. Don't miss this extraordinary chance to create your family's legacy in one of the most coveted Westside neighborhoods.

Build your dream home here in beautiful View Park, CA. This spacious lot awaits a new home for you and your family. Lot is approximately 6,953 square feet. Call listing agent for more info.

We are proud to exclusively present for sale a redevelopment opportunity a stone's throw to Culver City. This 7,320 SF (Q)R3-1 lot is ED 1 Eligible and sits in a Tier 2 of HACLA Small Area Fair Market Rents area. The site is eligible for unlimited density for affordable housing developments and is eligible for reduced parking per AB 2097 Tier 2 of HACLA Small Area Fair Market Rents. This site is also located in a Tier 2 TOC zone. Located on a street with easy cross-freeway access, head southwest and be at the Expo Line Station in no time, or head north and be at Kaiser Permanente in a handful of minutes. This location has it all, with Good Transit, Very Walkable and Very Bikeable streets. Walk to fine and casual dining, nightlife, shopping head to Downtown Culver City or jump on the Expo Line and head to the Transit Hub in Downtown LA or the Beach! Access to the 10 freeway is as easy as it gets! This site is perfect for Affordable Housing. Central to all, and in the middle of many high-paying skilled and entry level jobs. The property currently has a Duplex (per LAHD and CofOs, though Zimas states 3 Units). Delivered vacant at close of Escrow.

Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with 2x 4 unit buildings, Single Family house and vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City real for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with 2 units delivered vacant at close with a current gross Income of $134,864 year with 2 units vacant at close of escrow.157 W Channel Rd is a 2 story 1928 4 unit Building with Canyon and Ocean Views with current gross income of $142,867 with 2 units being delivered vacant at close. (Market rent for vacant units being used for current Income) Total Income of $277,731 for the 8 Units. The 3 Bd 2 Ba Single Family w/ some Ocean View, home approx. 1500 sq ft (Owners Home) vacant at close of escrow with projected rent of $96,00 yearly with a total of $373,000 Gross income at a 3.1 cap with Additional vacant 4488 sq ft lot being used as a garden. Potential market rent at $444,000 at 4 cap. Preliminary Development feasibility for the property has been conducted and renderings provided by Ketter Construction and development firm at 30 Units with 1 Commercial space and a Gym which could later be converted to ADU.

ELIGIBLE for ED1, LA's Fast-Track *Affordable Housing* Development Program. CALL AGENT FOR DETAILS! ~ Ideal, Affordable, House/Mixed Use Site. Originally priced at $14M - reduced by 25% by Highly Motivated Seller!! OPPORTUNITY ZONE!!! TIER 3!! HALF BLOCK TO METRO LA BREA STATION!! TOD/TOC/FAR!! ZONED FOR MINIMUM 164 UNITS!! Attention Developers, Builders, and Investors: An exciting, prime Jefferson Corridor development opportunity awaits in a transit-rich West Adams location just one block from the Metro E Line (Expo) which connects Santa Monica to DTLA. COSTCO IS JOINING THE CORRIDOR. There are six parcels in total (C1.5-1VL-CPIO, R3-1). 3043 S. La Brea Avenue is strategically located on the easternmost border of a Qualified Opportunity Zone, potentially allowing an investor to capitalize on economic incentives. This location provides tax advantages for an investor, reducing capital gains by as much as 15% over a seven-year hold period and is fully exempt from capital gains tax if the investment is held for at least 10 years (buyer to verify with a qualified tax professional). Bordered by Culver City, south of LACMA, and northeast of Silicon Beach, the Jefferson Corridor has launched numerous redevelopment projects, establishing the area as a thriving commercial, tech, entertainment, and mixed-use district. The property is surrounded by innovative global market leaders and high-profile projects including Amazon Studios, Costco (upcoming), Warner Media, HBO, Whole Foods, The Grove LA, Cumulus, Exposition Park, Sony Pictures, and the new Apple Campuses.

Amazing opportunity to own and develop on an approximately 25,000 sq/ft flat lot in the highly sought after Brentwood Park. Plans are in the process of being submitted to the City for a 14,400 sq/ft Ken Ungar Traditional featuring 8 Bedrooms, 12 Bathrooms including ADU. Surrounded by mature trees on the West Side of the street, this is a perfect foundation to build your dream home in one of the most idyllic and prestigious neighborhoods in all of Los Angeles. With close proximity to the Brentwood Country Mart, local shops and restaurants on San Vicente and minutes to the beach, this rare opportunity is not to be missed.

* RTI * Ready To Issue 5 Unit Development ready to build located blocks away from Culver City, in the Heart of West Adams. SB8 EXEMPT. Located next to brand new residential and commercial developments, this project consists of 5 Townhouse-Style Units. Project consists of 4- 4 Bedrooms 4.5 Bathroom Units, and 1- 3 Bedroom 3.5 Bathrooms. Unit 1: 4 Bedrooms + 4.5 Bathrooms, 1,825 Square Feet; - * Projected rent $5,595/month*. Unit 2: 3 Bedrooms + 3.5 Bathrooms, 1,427 Square Feet; - *Projected rent $5,195/month*. Unit 3: 4 Bedrooms + 4.5 Bathrooms, 1,930 Square Feet - *Projected rent $5,595/month*. Unit 4 : 4 Bedrooms + 4.5 Bathrooms, 2,064 Square Feet. - *Projected rent $5,595/month*. Unit 5 : 4 Bedrooms + 4.5 Bathrooms, 1,683 Square Feet. - *Projected rent $5,695/month* * * Projected income to be $27,675 per month and $332,100 per year. * *