Property profile

0 40Th St Lake Los Angeles, CA 93535

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 5.17-acre parcel presents a unique investment opportunity in Lake Los Angeles, California. Located at Avenue H-8 & 40th Street #H8, this vacant land is zoned A-2 (Heavy Agriculture), offering significant potential for various agricultural uses. The property enjoys a central location within Los Angeles County, providing convenient access to key transportation routes. A key feature is its advantageous positioning fronting a half-section line, just a quarter-mile east of paved 40th Street East, ensuring relatively easy access despite its agricultural setting. The asking price for this expansive tract is $20,000. The property's zip code is 93535. Given its size and zoning, this land is well-suited for a range of agricultural endeavors, making it an attractive prospect for investors seeking a foothold in the California agricultural market. The coordinates for this property are latitude 34.7118676 and longitude -118.0198998. Serious inquiries are encouraged to explore the possibilities this land offers. This is a rare opportunity to acquire a substantial parcel of land in a desirable location at an attractive price point.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

40Th St Lake Los Angeles, CA 93535
Lake Los Angeles metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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