
Los Angeles, California 90043
Property is demo and empty lot 7504 Lot.Zoned C2-1VL-SP Tier 3 TOC, focus on Mixed Income or even Mixed Use - at a higher density with Ministerial Approval through CHIP. Seller has started work on Entitlements for 22 Units, 3 story with no parking - the property is offered without Entitlements. Measuring 50 feet wide by 150 feet deep, counting half of the alley for density, the property offers great possibilities in design on this 7,500 SF lot in this Inglewood-adjacent neighborhood of Los Angeles. Build up to 57 +/- residential units on this lot! With Ellis Act paperwork filed on 6/17/2019, the property is listed as not being subject to RSO.Situated just two blocks to the intersection of Slauson Ave. and Crenshaw Blvd., t
Property is land value only, full reconstruction required.
The MLS description explicitly states, 'Property is demo and empty lot.' There is no existing structure to evaluate, and the property's value is based solely on the land and its potential for redevelopment, which perfectly aligns with the 'tear-down' criteria.
Zoned C2-1VL-SP Tier 3 TOC, allowing for significant residential (up to 57 units) or mixed-use development with ministerial approval, maximizing return on investment.
Situated in an Inglewood-adjacent neighborhood, just two blocks from major intersections (Slauson/Crenshaw), offering excellent accessibility and future growth prospects.
Not subject to Rent Stabilization Ordinance (RSO) due to filed Ellis Act paperwork, providing developers with greater control over future rental income and project flexibility.
Currently an empty lot requiring full demolition and new construction, entailing substantial upfront capital investment and extensive project management.
Property is offered without completed entitlements, meaning the buyer will bear the time, cost, and risk associated with obtaining necessary approvals for development.
Seller's preliminary plans for 22 units indicate 'no parking,' which, while potentially permissible under TOC, could impact marketability or require alternative transportation solutions for future occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 11.0 |
| Baths | 0.0 | 5.7 |
| Square foot | - | 4,165.789 |
| Lot Size | 7,504 | 6,696 |
| Price | $900.0K | $956.9K |
| Price per sq ft | $0 | $273 |
| Built year | 1923 | 1937 |
| HOA | $0 | $907 |
| Days on market | 292 | 134 |
Jan 21, 2026
$899,999
Initial Listing