$1,170,000
About this home
Prime Development Opportunity in Desirable R-1-M Zone! Spanning over half an acre (22,380 sq. ft.) this exceptional parcels offers incredible potential for builders, investors, or visionaries looking to maximize value. Zoned R-1M, the property's highest and best use allows for a 4-lot subdivision, with the ability to build up to 4 structures per lot - a total of 16 potential units (buyer to verify with city). Alternatively, create your dream estate with flexibility under SB-9 guidelines: build a spacious single-family residence with an attached 1,200 sq. ft. SB-9 unit, plus two detached 1,200 sq. ft. ADU's - perfect for multi-generational living or rental income. With ample lot size, favorable zoning, and multiple pathways for development, this property presents a rare opportunity to capitalize on the growing demand for housing in the area. Don't miss your chance to design and build a custom propject that stands out in today's market!
Facts & features
- Lot size
- 0.514 acres (22,385 sq ft)
- Area
- 8 - Signal Hill
- County
- Los Angeles
- Community features
- Street Lights
- Status
- Active
- Property type
- Land
- Days on market
- 181
- Listed
- 2025-11-03
- Terms
- Cash, Cash To Existing Loan, Cash To New Loan, Contract, Submit
- Parcel #
- 7210040018
- MLS #
- PW25258255
