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530 S Avenue 20

Los Angeles, CA 90031
  • $1,000,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 26632351
$1,000,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

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!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-01-17T23:42:46.563. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/171854929
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530 S Avenue 20 Los Angeles, CA 90031

  • Price: $1,000,000
  • Status: Active
  • On Site: 9 Days
  • MLS #: 26632351
0
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Lincoln Heights
County:
Los Angeles
Area:
Lincoln Heights
Property Description
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!
Exterior Features

Lot Size Area 9907 View Description None View YN No

Property Features

Cable YN Yes Disclosures As Is Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning LARD1.5

Listing provided courtesy of Daniel Shamooelian DRE#01984269 of Keller Williams Beverly Hills: 310-432-6400.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-01-17T23:42:46.563. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Zwemmer Realty Group | Keller Williams Realty
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Indian Wells CA, 92210