- For Sale $2,595,000
- Property Type VacantLand
- Property Size 4,928 SF
- Units 7
- Lot Size 0.42 Acre
- Year Built 1913
- Date Updated Mar 31, 2026
Description
South Los Angeles Submarket area located on 92nd Street between Figueroa & Hoover.Entitled land for sale in very dense south Los Angeles sub-market of Los Angeles, California. The City of Los Angeles has approved entitlements for a new 6 story, 78' high, 49,698 SF multi-family residential development consisting of 79 apartment units, 100% affordable ED-1 building with parking provided on the ground floor utilizing density bonus law centrally located. 15 ADU's which planning has already approved should be applied concurrently during construction of the building.
Highlights
- 79 Unit Multi-Family Development Project
- Easy to add 15 ADU Units which planning has already approved
- Location offers excellent connectivity to Downtown Los Angeles, neighboring cities and beyond!
- The property is sold with approved entitlements, approved architectural, structural, electrical and mechanical plans
- With Density Bonus Law, this Land has been approved for 79 Units for Low/Middle Income housing. Permit is ready to issue (RTI)
False
Contacts
Thomas Tway
NAI Capital
Location
Located at 628-632 W. 92nd St., Los Angeles, CA 90044, this property is part of the Vermont Vista neighborhood and Los Angeles market.
Contact Listing Broker
Thomas Tway
NAI Capital
