Shovel-Ready Development
For Sale
$765,000
132 E 119th ST, Los Angeles, CA 90061
Development land with architectural plans and entitlements completed, including an approved design for 2- and 3-bedroom units.
Property SizeContact for details
Days on Market34
Property Features for 132 E 119th ST
General Information
Standard status
Active
Property subtype
Lots/Land
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
(310) 403-9145
Listed By:
Stephen Takahashi · License #01944770
(310) 403-9145
Source:
Exitrealty
Added: Jul 7
Changed: Aug 8
Last Checked: Jul 9 at 2:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.
Investment Insights
Based on property information with market context.
This development land is being offered as shovel-ready, with architectural plans in hand and entitlements described as completed. The approved design calls for a thoughtful mix of 2- and 3-bedroom units, providing a clear path for a builder to renew the permit and proceed with ground-up work without the longer entitlement delay described in the remarks.
Located in South Los Angeles, the site is positioned for an efficient start given the documentation already completed as part of the approval process. Prospective buyers should verify all permitting status and requirements directly as part of their due diligence, particularly regarding any permit renewal and final development requirements.
Located in South Los Angeles, the site is positioned for an efficient start given the documentation already completed as part of the approval process. Prospective buyers should verify all permitting status and requirements directly as part of their due diligence, particularly regarding any permit renewal and final development requirements.
Key Highlights
- Shovel‑ready development site in South Los Angeles with architectural plans in hand
- Entitlements completed, including an approved design
- Approved unit mix includes 2- and 3‑bedroom units designed for the local rental market
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 90061, CA
29,570
Population
8,300
Households
3.6
Avg Household Size
32
Median Age
12%
College-Educated
61%
High-School Grad
2.7 sq mi
ZIP Area
10,952
Density / Sq Mi
$60,114
Median Household Income
$34,963
Median Earnings
$1,498
Median Rent
$576,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Development land with architectural plans and entitlements completed, including an approved design for 2- and 3-bedroom units.
Where is this residential land & home lot located?
The property is located at 132 E 119th ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Shovel‑ready development site in South Los Angeles with architectural plans in hand; Entitlements completed, including an approved design; Approved unit mix includes 2- and 3‑bedroom units designed for the local rental market
