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5150 Western Ave Los Angeles, CA 90062

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For Sale
$925,000

Vacant land with RTI plans for four luxurious three-story units.

Property Features for 5150 Western Ave

General Information

Standard status
Active

Source: OPTION ONE REALTY & INVESTMENT Agent JAIME RUIZ

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Ready-to-Issue Plans Development Opportunity

This vacant land presents a development opportunity with Ready-to-Issue (RTI) plans for constructing four luxurious three-story units, configured as two duplexes. Each unit is designed with 5 bedrooms and 5 bathrooms. The total building area across all units is 8,412 square feet. The property is not subject to RSO or SB8 regulations. This streamlined project is ready to proceed. The property is located in a desirable area. The site is suitable for developers and investors seeking a turnkey development opportunity. Buyers are advised to conduct their own investigations and due diligence regarding all aspects of the property, plans, and development.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Step up on Western Apartment Building

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.30876
Latitude
33.99579

FAQs

What type of property is this?
Residential land & home lot - Vacant land with RTI plans for four luxurious three-story units.
Where is this residential land & home lot located?
The property is located at 5150 Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: - Ready-to-Issue (RTI) plans for immediate development.; - Approved for 4 luxurious three-story units (two duplexes).; - Each unit features 5 bedrooms and 5 bathrooms.
More about this property
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