$1,095,000
Prime Development Opportunity – Mid-City / West Adams Attention developers and investors: 1614 S Highland Avenue offers a 9,294 sq ft flat lot in the heart of Mid-City / West Adams, one of Los Angeles’ fastest-growing neighborhoods. Zoned LARD1.5, the property presents strong multi-unit development potential, with possible density increases through affordable housing incentives. Located within an Opportunity Zone and potentially eligible for the Citywide Initiative Program, this site may offer added tax and development advantages. The existing structure is likely not financeable, making this an ideal redevelopment opportunity. Surrounded by recent projects and close to major employment centers, transit, dining, and retail, the location supports strong long-term rental demand and continued appreciation. Buyer and buyer’s agent to verify all zoning, permits, lot size, incentives, development potential, and conduct all due diligence.
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Listed by Carol Fisher with Berkshire Hathaway HomeServices California Properties (310) 544-5091
Property Type
Single Family Residence
Status
Active
MLS Number
SB26011612
Year Built
1926
Lot Size
9,296 sq ft