Los Angeles, CA 90031,530 S Avenue 20
Los Angeles, CA 90031,530 S Avenue 20
Los Angeles, CA 90031,530 S Avenue 20
26
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$1,000,000
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9,905 Sqft Lot
Active Under Contract

530 S Avenue 20 Los Angeles, CA 90031

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Key Details

Property Type Vacant Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 26632351

HOA Y/N No

Lot Size 9,905 Sqft

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!

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Zoning LARD1.5

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5410018028

Special Listing Condition Standard


CRMLS – RECore
Listed by Daniel Shamooelian Keller Williams Beverly Hills

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Gabriella Charter

    Public | KG - 8

  • 9

    Solano Avenue Elementary School

    Public | KG - 6

  • 9

    Kipp los Angeles College Preparatory

    Public | 5 - 8

  • 8

    Clifford Street Math & Technology Magent

    Public | KG - 6

  • 8

    Allesandro Elementary School

    Public | PK - 5

  • 8

    Puc Milagro Charter

    Public | KG - 5

  • 7

    Equitas Academy Charter #2

    Public | 5 - 8

  • 7

    Dorris Place Elementary

    Public | KG - 6

  • 7

    Mt. Washington Elementary School

    Public | KG - 6

  • 7

    Arroyo Seco Museum Science

    Public | KG - 8

  • 7

    Latona Elementary School

    Public | PK - 6

  • 6

    Betty Plasencia Elementary

    Public | KG - 5

  • 6

    20th Street Elementary School

    Public | KG - 5

  • 6

    El Sereno Elementary School

    Public | PK - 6

  • 6

    Marianna Avenue Elementary School

    Public | KG - 6

  • 5

    Los Feliz Charter School for the Arts

    Public | KG - 6

  • 5

    Castelar Elementary School

    Public | KG - 5

  • 5

    Para los Ninos Charter

    Public | KG - 5

  • 5

    Endeavor College Preparatory Charter

    Public | KG - 8

  • 5

    Griffin Avenue Elementary

    Public | KG - 5

Middle Schools 16
  • 6

    Hollenbeck Middle School

    Public | 6 - 8

  • 5

    Florence Nightingale Middle School

    Public | 6 - 8

  • 5

    Los Angeles Leadership Academy

    Public | 6 - 12

  • 4

    Puc Excel Charter Academy

    Public | 6 - 8

  • 4

    Belvedere Middle School

    Public | 6 - 8

  • 4

    El Sereno Middle School

    Public | 6 - 8

  • 3

    Studio

    Public | 6 - 8

  • 3

    Alliance College-Ready Middle Academy No. 5

    Public | 6 - 8

  • 3

    Stevenson Middle School

    Public | 6 - 8

  • 1

    Para los Ninos Middle School

    Public | 6 - 8

  • 0

    Los Angeles Unified Alternative Education

    Public | 7 - 12

  • 0

    Cds Secondary School

    Public | 6 - 12

  • 0

    Tri-C Community Day

    Public | 7 - 12

  • 0

    Pacific Ohana Acdemy

    Private | 6 - 12

  • 0

    Academia Avance Charter

    Public | 6 - 12

  • 0

    Ramona Opportunity High School

    Public | 7 - 12

High Schools 20
  • 9

    Downtown Business High School

    Public | 9 - 12

  • 9

    Francisco Bravo Medical Magnet High School

    Public | 9 - 12

  • 8

    Math, Science, & Technology Magnet Academy at Roosevelt High School

    Public | 9 - 12

  • 7

    Ramon C. Cortines School of Visual and Performing

    Public | 9 - 12

  • 7

    PUC Early College Academy for Leaders & Scholars (ECALS)

    Public | 9 - 12

  • 7

    Oscar de la Hoya Animo Charter High School

    Public | 9 - 12

  • 6

    Usc Hybrid High School

    Public | 9 - 12

  • 6

    Alliance Susan and Eric Smidt Technology High School

    Public | 9 - 12

  • 6

    Lincoln High School

    Public | 9 - 12

  • 5

    Camino Nuevo Charter High School

    Public | 9 - 12

  • 5

    Roybal Learning Center

    Public | 9 - 12

  • 5

    Alliance Tennenbaum Family Technology High School

    Public | 9 - 12

  • 5

    Boyle Heights STEM High School

    Public | 9 - 12

  • 5

    Leadership in Entertainment and Media Arts (Lema)

    Public | 9 - 12

  • 5

    Los Angeles International Charter High School

    Public | 9 - 12

  • 5

    Esteban Torres High School - Engineering & Technology Academy

    Public | 9 - 12

  • 5

    Esteban Torres High School - East Los Angeles Renaissance Academy

    Public | 9 - 12

  • 5

    East Los Angeles Performing Arts Academy at Esteban E. Torres High School

    Public | 9 - 12

  • 4

    Santee Education Complex

    Public | 9 - 12

  • 4

    Miguel Contreras Learning Complex - School of Business & Tourism

    Public | 9 - 12

School and business data provided by Attom Data.

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Kary Manering

Kary Manering

Agent | License ID: 01999946

+1(619) 213-2878

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530 S Avenue 20