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    23298 Western Ave Los Angeles, CA 90710

    • Land
    For Sale
    View listing
    $1,800,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 23298 Western Ave

    Property type
    Land

    Description

    This exceptional 42,295 square foot residential lot presents a remarkable development opportunity in Los Angeles' Harbor City. Located at 23298 S Western Ave, zip code 90710, this property boasts a highly desirable LAR3 zoning designation, allowing for the construction of up to 52 multi-family units. Situated on a prominent corner lot along Western Avenue, a major thoroughfare experiencing over 32,000 cars daily, this site offers unparalleled visibility and accessibility. The location provides convenient access to key amenities, including Kaiser Permanente South Bay and Los Angeles Harbor College, further enhancing its appeal. Its proximity to the 110 Freeway ensures seamless connectivity to the broader Los Angeles area. This infill development site represents a unique chance to capitalize on the strong demand for housing in this thriving community. The asking price for this exceptional property is $1,800,000. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.308
    Latitude
    33.8145

    Comparable in this City

    • Value Estimation by Request
      20,000 SF

      827 253 St

      Land • 20,000 SF
      827 253 St, Los Angeles, CA 90710
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      4.95 Acres

      23903 Normandie Ave

      Land • 4.95 Acres
      23903 Normandie Ave, Los Angeles, CA 90710
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    • Value Estimation by Request
      4,706 SF

      1431 254th St

      APARTMENT HOUSE (5+ UNITS) • 4,706 SF
      1431 254th St, Harbor City, CA 90710-2770
      View Details
    • Value Estimation by Request
      2,744 SF

      1628 254th St

      APARTMENT HOUSE (5+ UNITS) • 2,744 SF
      1628 254th St, Harbor City, CA 90710-2608
      View Details
    • Value Estimation by Request
      8,055 SF

      1115 255th St

      APARTMENT HOUSE (5+ UNITS) • 8,055 SF
      1115 255th St, Harbor City, CA 90710-3536
      View Details
    • Value Estimation by Request
      5,068 SF

      1425 257th St

      APARTMENT HOUSE (5+ UNITS) • 5,068 SF
      1425 257th St, Harbor City, CA 90710-2763
      View Details

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    Similar Nearby for Lease

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      Lomita Plaza Retail Spaces

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    • Contact for pricing

      Los Angeles Specialty Property For Rent

      Specialty property available for rent in Los Angeles, CA.
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    • $1.89 SF/Yr
      4,648 SF

      Industrial Space Available For Lease

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    23298 Western Ave
    Los Angeles, CA 90710
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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