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1241 Dodds Cir Los Angeles, CA 90063

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 5,052 sq ft vacant lot in Los Angeles' City Terrace neighborhood presents a unique investment opportunity. Boasting street-to-street access from Dodds Circle and Hicks Avenue, this R1-zoned property offers breathtaking downtown views and dramatic hillside scenery. The location is ideal for constructing a single-family residence and an Accessory Dwelling Unit (ADU), each with its own private access, capitalizing on the area's high demand for housing. Situated in a rapidly gentrifying area, this property benefits from convenient access to freeways, California State University-Los Angeles, and USC Keck Medical Center. The lot's size and zoning regulations allow for substantial development potential, making it an attractive proposition for builders and investors seeking a high-return project in a thriving Los Angeles community. Utilities are available. The APN is 5229-011-023. Asking price is $159,000.

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

Value estimations

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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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