1229 Dodds Cir Los Angeles, CA 90063
Property summary
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
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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