16101 S Figueroa, Gardena, CA 90248
List Price: $2.9M
Listing Status: Active
Original List Price: $2.85M
0Days on Market: 181
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 2023
Lot Size: 19,421 sq ft
Garage Spaces: 54
Private Pool: Yes
MLS Number: SR26007642
About This Property
DEVELOPERS – DON’T MISS THIS OPPORTUNITY! Exceptional opportunity to acquire a 19,500 SF corner lot in the City of Los Angeles with significant development potential. Preliminary concepts indicate the potential for approximately 140 units of affordable housing, subject to city approvals. The property offers a compelling basis at approximately $20,000 per potential unit, providing an attractive entry point for developers seeking a large-scale residential development opportunity. Conveniently located near freeways, schools, shopping, and everyday amenities, making this an attractive location for a residential development project. The seller may consider financing for a qualified buyer, potentially providing additional flexibility through the RTI process.
Listing provided by: Behrouz Lavi DRE #01482721 818-432-1500 b.lavi@kw.com, Keller Williams Realty-Studio City
Source: CRMLS, MLS #: SR26007642
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.
Property Photos
Location
16101 S Figueroa, Gardena, CA 90248Coordinates: 33.885111°N, -118.283094°W
Presented by Belmont Brokerage Inc.
California Real Estate Brokerage — DRE #02431308
Phone: (818) 967-6311
Website: bbandm.com
View full listing: bbandm.com/property/CA/gardena/16101-s-figueroa/1153429078