530 S Avenue 20

Los Angeles, CA 90031
  • $1,000,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing CLW-X74054 - CLW-C126012

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!

Listing Highlights

Status Active With Contingency
Days on Site 24
Property Type Vacant Land
MLS ® 26632351
Year Built
Total Square Footage 0
Lot/Acreage 0.23

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: LARD1.5
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5410018028
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

530 S Avenue 20 Los Angeles, CA 90031

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: CRMLS

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way