Rare South Bay Investment Opportunity – Huge Lot with Major UpsideUnlock the full potential of this rare 4-unit income property located on a massive lot in a prime South Bay location. With LA1.5 zoning and a proven neighborhood precedent for higher-density development, this is an exceptional opportunity for investors, developers, or savvy owner-users.Each of the four existing units features 2 bedrooms, private laundry hookups, and a functional layout ideal for steady rental income or future repositioning.What truly sets this property apart is the redevelopment potential—the lot next door to the west has 9 units, the one just beyond that boasts 12 units, and a 5-unit townhouse development sits two doors down (all with the same lot size). The possibilities here are substantial for anyone looking to maximize density and value.Centrally located with easy access to the freeway, local beaches, a nearby hospital, and walking distance to the park, the location offers strong appeal for tenants and future buyers alike.Whether you're buying and holding, house hacking, or planning a ground-up development, this property offers the size, zoning, and surrounding comps to support a serious upside.Opportunities like this don’t come around often—seize it while you can.
|
DAYS ON MARKET
|
22
|
LAST UPDATED
|
4/6/2025
|
|
YEAR BUILT
|
1965
|
COMMUNITY
|
Harbor City
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| AREA |
Harbor City |
| GARAGE |
Assigned |
| HEAT |
Wall Furnace |
| INTERIOR |
All Bedrooms Down |
| LOT |
7606 sq ft |
| LOT DESCRIPTION |
36-40 Units/Acre |
| PARKING |
Assigned |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Bungalow |
| UTILITIES |
Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Connected,Water Connected |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
LARD1.5 |
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Listed with Harvest Realtors, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/25 2:26 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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