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We are proud to exclusively present for sale a corner Vacant Lot in South Los Angeles that is ready for entitlements. The property boasts 83 feet of frontage on S. Central Ave. and 71 feet of frontage on 49th Pl. and is situated on the northwest corner of the intersection. The C2-1VL-CPIO Tier 1 Zoning allows the construction of up to 23 Residential Units if the Developer utilizes TOC incentives. By right a Developer may build 14 Residential Units. Utilize Affordable Incentives and bump the property up to TOC Tier 2 and build 24 Units. The property is in the Southeast LA CPI Subarea A: Neighborhood-Serving Corridor a 100% residential project is permitted in this subarea. Concept Plans are available for various unit combinations. At about $118 Price Per SF of Land and no relocation needs, no Ellis needs and no RSO obligations, this property is priced to sell! Easy access to the 110 and 10 freeways will make it an easy commute to DTLA (about a 15 minute commute) for your future tenants and everywhere else in the Greater Los Angeles Area will be easily within their grasp.
Listing agent: Dario Svidler DRE #01884474 dario@svidlercre.com, Listing office: Keller Williams Beverly Hills
MLS data updated 11/3/2026, 12:21:26 PM PT
Source: CRMLS, MLS #: 22218509
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 27, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$702,426Closed sale · Jan 27, 2023ZIP 90011 · Jan 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.