Infill Development Land
For Sale
$9,900,000
248 W Imperial Hwy, Los Angeles, CA 90061
Three infill land parcels sold together, suited for commercial or multifamily development with high-quality transit access.
Property SizeContact for details
Days on Market38
Property Features for 248 W Imperial Hwy
General Information
Standard status
Active
Property subtype
Land
Additional Details
Opportunity Zone
Yes
Listing Agency:
Lee & Associates Los Angeles - Investment Services Group, Inc
(310) 266-3648
Listed By:
Jesse Munoz · License #00848427
(310) 266-3648
Source:
Lee-associates
Added: Jul 3
Changed: Aug 8
Last Checked: Jul 3 at 9:33PM
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 Lee & Associates Los Angeles - Investment Services Group, Inc
Investment Insights
Based on property information with market context.
Three infill development sites are being sold together as land only, comprising multiple parcels. The combined offering is intended for commercial or multifamily development use, with no improvements described.
All three sites are located within one-half mile of a major transit stop and sit within a High-Quality Transit Corridor (HQTC). The Metro Green Line and multiple express bus routes serve the corridor, providing connectivity to LAX, Downtown LA, and Long Beach.
Each parcel falls within federally designated Opportunity Zones, supporting eligibility under Qualified Opportunity Zone requirements as noted in the property remarks.
All three sites are located within one-half mile of a major transit stop and sit within a High-Quality Transit Corridor (HQTC). The Metro Green Line and multiple express bus routes serve the corridor, providing connectivity to LAX, Downtown LA, and Long Beach.
Each parcel falls within federally designated Opportunity Zones, supporting eligibility under Qualified Opportunity Zone requirements as noted in the property remarks.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
764
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 - Three infill land parcels sold together, suited for commercial or multifamily development with high-quality transit access.
Where is this residential land & home lot located?
The property is located at 248 W Imperial Hwy Los Angeles, CA.
What is the asking price?
The asking price for this property is $9,900,000.
