$1,300,000
Endless Development Potential | 13, 712 SF R-3 Zoned Lot in Prime Inglewood Welcome to 11319 Larch Avenue, a rare opportunity to acquire a spacious 13, 712 sq ft lot zoned R-3 (Multiple-Family Residential) in the heart of Inglewood. This property currently features a 2-bedroom, 1-bath single-family residence, along with an unpermitted bonus structure - ideal for investors seeking rental income while entitlements are underway. The R-3 zoning opens the door to endless development possibilities, allowing for the construction of a multi-family residential project in a rapidly appreciating market. Build ground-up up to three stories (40 ft max) and explore the potential for 8"12 units (based on minimum lot-area-per-unit requirements of 1, 100 sq ft). Whether you envision modern townhomes, stacked flats, or rental apartments with rooftop amenities, this lot offers the flexibility and scale to execute a high-yield strategy. Located in an area of strong rental demand and increasing redevelopment activity, this property sits near major freeways, SoFi Stadium, LAX, and the Metro K Line - positioning it perfectly for long-term growth. Inglewood's R-3 zoning permits: Construction of multiple residential units (multi-family dwellings) Up to 3 stories or 40 feet in height Two enclosed parking.
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Listed by Gabriela Ballesteros with eXp Realty of Southern California, Inc. (888) 294-1415
Property Type
Single Family Residence
Status
Active
MLS Number
26659753
Year Built
1911
Lot Size
0.31 acres