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Multifamily Development Land in Los Angeles

705 W El Segundo Blvd, Los Angeles, CA 90247

For Sale
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Multifamily development land with conceptual plans for 33 units.

Property Size18,545 SF
Lot Size0.43 Acres
Price / SF$107.85
Days on Market1683

Property Features for 705 W El Segundo Blvd

General Information

Standard status Active
Size 18,545 SF
Lot size 0.43 Acres
Property subtype Land, Mixed Use, Multifamily, Senior Living, Special Purpose
Zoning LAR3-1-O - CUP Other Uses
Investment Type Redevelopment

Site & Location

Neighborhood Harbor Gateway
Listing Agency: Legendary Commercial Real Estate
Listed By: Armando Aguirre · License #CA 01245842
Source: Crexi
Added: Apr 1, 2022 Changed: Oct 26 Last Checked: Nov 6 at 9:08AM

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 Legendary Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This property, located in the City of Los Angeles, is designated as R-3 Multifamily Residential and requires a Conditional Use Permit for certain other uses. Conceptual plans from the seller are available for a 33-unit apartment project. The property is identified by APN 6117-019-028 and has a use code indicating multifamily residential apartments development. Situated in a strong mid-cities location, the site offers convenient access to the Harbor (I-110) Freeway. It is positioned at a signalized, major main and main arterial intersection with high-density demographics and heavy traffic flow of approximately 33,000 cars per day. The property size is 18545 square feet. A due diligence file link is available upon request, including closure, environmental, and soils reports, along with other due diligence documents.

Key Highlights

  • Conceptual plans for a 33 unit apartment project are available.
  • Strong mid‑cities location.
  • Harbor (I‑110) Freeway adjacent with easy access.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 90247, CA

48,543
Population
17,076
Households
2.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
12,774
Density / Sq Mi
$73,851
Median Household Income
$37,000
Median Earnings
$1,751
Median Rent
$640,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Los Angeles

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Frequently Asked Questions

What type of property is this?
Land - Multifamily development land with conceptual plans for 33 units.
Where is this land located?
The property is located at 705 W El Segundo Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Conceptual plans for a 33 unit apartment project are available.; Strong mid‑cities location.; Harbor (I‑110) Freeway adjacent with easy access.
(213) 926-5595 Call to check price and availability
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