1699 109Th St Los Angeles, CA 90059

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.