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$ 1,170,000
Est. payment | /mo
0.51 Acres Lot
$ 1,170,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Signal Hill (Sh)
MLS Listing ID PW25258255
HOA Y/N No
Lot Size 0.514 Acres
Property Description
Prime Development Opportunity in Desirable R-1-M Zone!
Spanning over half an acre (22,380 sq. ft.) this exceptional parcels offers incredible potential for builders, investors, or visionaries looking to maximize value. Zoned R-1M, the property's highest and best use allows for a 4-lot subdivision, with the ability to build up to 4 structures per lot - a total of 16 potential units (buyer to verify with city).
Alternatively, create your dream estate with flexibility under SB-9 guidelines: build a spacious single-family residence with an attached 1,200 sq. ft. SB-9 unit, plus two detached 1,200 sq. ft. ADU's - perfect for multi-generational living or rental income.
With ample lot size, favorable zoning, and multiple pathways for development, this property presents a rare opportunity to capitalize on the growing demand for housing in the area. Don't miss your chance to design and build a custom propject that stands out in today's market!
Spanning over half an acre (22,380 sq. ft.) this exceptional parcels offers incredible potential for builders, investors, or visionaries looking to maximize value. Zoned R-1M, the property's highest and best use allows for a 4-lot subdivision, with the ability to build up to 4 structures per lot - a total of 16 potential units (buyer to verify with city).
Alternatively, create your dream estate with flexibility under SB-9 guidelines: build a spacious single-family residence with an attached 1,200 sq. ft. SB-9 unit, plus two detached 1,200 sq. ft. ADU's - perfect for multi-generational living or rental income.
With ample lot size, favorable zoning, and multiple pathways for development, this property presents a rare opportunity to capitalize on the growing demand for housing in the area. Don't miss your chance to design and build a custom propject that stands out in today's market!
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Zoning LBR1M
Interior
Fireplace No
Exterior
Community Features Street Lights
View Y/N No
View None
Building
Lot Description Corner Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 7210040018
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Contract, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Contract, Submit
Special Listing Condition Standard
Listed by Nicholas Greenway Amberwood Real Estate, Inc. 714-317-4307
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Sandra Thiel
REALTOR® | Lic# 01874934