$4,999,000
An exceptional and rare opportunity to acquire two contiguous vacant land parcels totaling approximately 46,824 square feet. Located along Dodge Avenue in Harbor City, City of Los Angeles. And just around the corner from the 110 FWY ramp. Zoned RD1.5 (High Density Residential), this assemblage offers a rare development canvas in one of L.A.'s most sought-after and constrained submarkets. The site boasts an impressive 200 feet of street frontage along Dodge Avenue and approximately 233 feet of depth. A generous and wide configuration to allow optimal design for a future residential development concept, with room for private access roads, outdoor space, etc. Of the two parcels, the larger lot spans 35,099 SF and is paved, while the second parcel measures 11,725 SF of flat dirt. With zoning density allowing one DU (dwelling unit) per 1,500 SF, the by-right yield is approximately 31 units (buyer to verify with the City of Los Angeles). Additional density may be unlocked through the Transit Oriented Communities (TOC) program and other City bonus incentive programs, potentially increasing the total unit count. Large, unimproved, high-density zoned parcels of this scale and configuration are extraordinarily uncommon within the City of Los Angeles. Whether a builder, investor, or developer, this is a true ground-up opportunity with huge potential. Buyer and their broker to independently verify all zoning, density calculations, entitlements, and development potential with the City of Los Angeles Planning Department and all appropriate trades and agencies.
PV26126960
MLS
25530 Dodge Avenue, Harbor City
Listing courtesy of Listing Agent: Rodman Amiri (rodman@meritrealestate.com) from Listing Office: Merit Real Estate.
