530 S Ave 20 - Residential LAND FOR SALE


Los Angeles, CA 90031- Taylor Junction9,906 SF
$1,000,000 USD
310-651-1800
530 S Ave 20, Los Angeles, CA for Sale
$1,000,000 USD
Residential LAND - FOR SALE
1/26
9,906 SF

530 S Ave 20
Los Angeles, CA 90031
Taylor Junction


HIGHLIGHTS

  • Rare Oversized ~10,000 sqft lot!
  • Located within an Opportunity Zone
  • Centrally located with convenient access to Downtown LA, Glendale, Alhambra & more

OVERVIEW

We are pleased to present for sale an exceptional development opportunity in the heart of Lincoln Heights, one of Northeast Los Angeles' most rapidly evolving neighborhoods. Situated on a rare oversized 9,907 sq ft lot with LARD 1.5 zoning, this property offers significant upside and clear development potential in a supply-constrained market. The rectangular lot measures approximately 60 ft by 165 ft, providing efficient site planning and strong frontage. Under current zoning, the site allows for the development of up to six (6) residential units plus two (2) ADUs (buyer to verify), making it ideal for small-lot multifamily, income-producing development, or a larger 100% affordable housing ED 1 project. The property is currently improved with an owner-occupied single-family residence, which will qualify for SB 8 clearance, offering a valuable advantage for future redevelopment. Utilities are in place, further enhancing feasibility and reducing initial development hurdles. The property is also located within a qualified Opportunity Zone, which may provide for future tax incentives! (Buyer to verify) Centrally located with convenient access to Downtown LA, Glendale, Alhambra, Monterey Park, and surrounding areas, the property benefits from excellent connectivity, nearby freeways, public transit, and ongoing neighborhood revitalization. Lincoln Heights continues to see strong demand driven by its proximity to employment centers, cultural destinations, and new residential development. Do not miss this opportunity to acquire a well-positioned development site with favorable zoning, generous lot size, and long-term upside in a growing urban market. Buyer to conduct their own investigations regarding zoning, density, permits, and development potential. Contact listing agent for more details!

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/ACRE

$4,396,891/AC

PRICE/SF

$101 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.23 AC

LAND SF

9,907 SF

OFFSITE IMPROVEMENTS

-

ZONING

LARD 1.5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

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Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.