1699 109Th St Los Angeles, CA 90059
- Retail properties
- 25,350 SF
- 0.58 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1699 109Th St
- Lot size
- 0.58 lot acres
- Property size
- 25,350 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 0.58-acre commercial property, located at 1699 E 109th St, Los Angeles, CA 90059, presents a unique investment opportunity. The property boasts a substantial 25,350 square feet of land, currently zoned R-3, offering significant development potential. The asking price is $1,248,000, translating to $58.97 per square foot. Situated in a densely populated area of Los Angeles City Council District 15, this location benefits from its proximity to public transportation, specifically within walking distance of the Metro A & C lines. The property features a fenced and paved yard, adding to its practicality and appeal. The APN is 6069002019. This transit-oriented community presents a compelling opportunity for developers seeking to capitalize on the high demand for residential development in this thriving Los Angeles neighborhood. The property's quiet cul-de-sac location offers a desirable setting while maintaining easy access to major transportation arteries. This R-3 zoned lot offers a rare chance to acquire a significant parcel of land in a high-growth area of Los Angeles. The specific permitted use is residential development, making this an ideal investment for those seeking to build in a well-connected and densely populated area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.245
- Latitude
- 33.9371
