Contiguous LAR3 Development
For Sale
Contact for pricing
2929 South Mansfield Avenue, Los Angeles, CA 90016
Two-parcel assemblage totaling approximately 14,415 square feet, zoned LAR3 with Tier 3 TOC positioning.
Property Size14,400 SF
Lot Size0.33 Acres
Days on Market20
Property Features for 2929 South Mansfield Avenue
General Information
Standard status
Active
Size
14,400 SF
Lot size
0.33 Acres
Property subtype
Multifamily, Land
Zoning
LAR3
Listing Agency:
COMMERCIAL BROKERS INTERNATIONAL
Listed By:
Luis Hernandez · License #02159334
Source:
Crexi
Added: Jul 21
Changed: Aug 8
Last Checked: Jul 24 at 5:27AM
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 COMMERCIAL BROKERS INTERNATIONAL
Investment Insights
Based on property information with market context.
This offering presents a contiguous two-parcel land assemblage totaling approximately 14,415 square feet, zoned LAR3. The property is identified at 2924 S Orange Drive and 2929 S Mansfield Avenue, creating a unified development footprint intended to support a variety of development approaches subject to buyer verification.
The site is positioned approximately 750 feet from the La Brea/Expo E Line station, providing proximity to the Culver City, Downtown Los Angeles, Santa Monica, and the broader region’s employment and creative industries referenced in the remarks.
The remarks indicate LAR3 zoning and Tier 3 TOC positioning may support increased residential density, reduced parking requirements, and additional incentives for a qualifying project; however, buyers are instructed to independently verify zoning, TOC eligibility, allowable uses, density, incentives, site dimensions, and any related development capacity. The assemblage may be evaluated for multifamily development, phased development, land banking, or a longer-term hold strategy.
The site is positioned approximately 750 feet from the La Brea/Expo E Line station, providing proximity to the Culver City, Downtown Los Angeles, Santa Monica, and the broader region’s employment and creative industries referenced in the remarks.
The remarks indicate LAR3 zoning and Tier 3 TOC positioning may support increased residential density, reduced parking requirements, and additional incentives for a qualifying project; however, buyers are instructed to independently verify zoning, TOC eligibility, allowable uses, density, incentives, site dimensions, and any related development capacity. The assemblage may be evaluated for multifamily development, phased development, land banking, or a longer-term hold strategy.
Key Highlights
- Two‑parcel land assemblage at 2924 S Orange Dr and 2929 S Mansfield Ave, totaling approximately 14,415 SF
- Contiguous LAR3‑zoned development land in West Adams
- Approximately 750 feet from the La Brea/Expo E Line station
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two-parcel assemblage totaling approximately 14,415 square feet, zoned LAR3 with Tier 3 TOC positioning.
Where is this residential land & home lot located?
The property is located at 2929 South Mansfield Avenue Los Angeles, CA.
What are key features of this property?
This property features: Two‑parcel land assemblage at 2924 S Orange Dr and 2929 S Mansfield Ave, totaling approximately 14,415 SF; Contiguous LAR3‑zoned development land in West Adams; Approximately 750 feet from the La Brea/Expo E Line station
