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1229 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 investment opportunity presents three vacant residential lots totaling 15,201 square feet in Los Angeles' City Terrace neighborhood. Located at 1229-1241 Dodds Circle, this property boasts street-to-street access from Dodds Circle and Hicks Avenue, both paved. The R1 zoning permits the construction of three single-family residences (SFRs) and three accessory dwelling units (ADUs), each with private access. The combined lots are available for sale together or individually. This prime location offers fantastic views of the downtown skyline and surrounding hills, and is situated in a rapidly gentrifying area experiencing an influx of young professionals. The area's proximity to freeways, Downtown Los Angeles employment centers, California State University-Los Angeles, and USC Keck Medical Center adds significant appeal. Existing utilities are available at the street. The asking price is $499,000, and owner financing may be available. APN: 5229-011-021. This is a rare chance to capitalize on the burgeoning City Terrace market.

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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