LOS ANGELES COUNTY, LOS ANGELES, CA 90047

Los Angeles, CA — Fully Entitled Development Site | $950,000 ±13,200 SF infill parcel (4-parcel assemblage) on S. Western Ave. RTI-permitted, shovel-ready. The commercial play (priced): RTI permits in hand for a ±3,750 SF single-story commercial building — retail, medical/urgent care, QSR, banking, cannabis. Projected stabilized value ~$2.65M at ~$14,250/mo NNN rent on a 6.5% cap. Against the $950K land basis, that’s a ~$1.5M spread before construction — underwrite your hard costs and timeline. The density play (the bigger upside): C2-2D-CPIO zoning supports up to 67 multifamily/mixed-use units via State Density Bonus (AB 1287), or 54 via TOC — with ground-floor retail, reduced parking, and increased FAR. A residential/mixed-use development pencils well above the commercial exit; underwrite your own MF pro forma. Site & location: · ±13,200 SF (0.30 AC) · 120' frontage · APNs 6018-001-002/-003/-004/-024 · Signalized intersection, ~68,200 VPD, just south of W. Florence Ave · 1M+ residents within 5 mi · 400K daytime pop within 3 mi · 110 & 105 access · Near SoFi/Intuit Dome and the 2028 Olympic corridor Priced at $950,000. Cash buyers preferred, quick close supported. Buyer to verify all entitlements, zoning, rents, comps, and underwriting with the City of LA and their own advisors.