1516 W 58th Street
Los Angeles, CA 90062
- – beds
- – baths
- – sqft
- 4,281 sqft lot
- – on site
More homes
Zoned for commercial, industrial, and residential! We are pleased to present a 100% vacant land development opportunity located at 1516 W 58th St. Los Angeles, CA 90062! Totaling +/-4,281sfof LACM zoned land with and Tier 1 TOC, there's potential for a developer to execute on either a market rate residential development, affordable housing development, or even a contractor needing a yard space for storage. As a 100% affordable ED1 development, there's potential for a 20-25 unit development with no parking requirements with an affordable stick on grade type construction. With its close proximity to the 110 Freeway and Downtown Los Angeles, the property is well positioned for a developer seeking a well-located property with high rental demands, or for a commercial/industrial user needing affordable land to operate their business on. Nearby developments include the installation of the Slauson bike path, which provides significant upgrades for transportation throughout the surrounding community. Buyer shall complete their own due diligence to determine the development potential. For more information please contact the listing broker.
Last checked:
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Last updated Jan 24, 2025
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MLS# 24360695 —
The Building
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New Construction:No
Location
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Directions:Google Maps: 1516 W 58th St. Los Angeles, CA 90062
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Latitude:33.98947700
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Longitude:-118.30282400
The Property
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Property Type:Land
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Zoning:LACM
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Lot Size Area:4281.0000
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Lot Size Acres:0.0983
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Lot Size SqFt:4281.00
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View:1
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View:City Lights
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5003034004
The Community
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Association:No
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Senior Community:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/8/24
Apr 8, 2024
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Sold | CRMLS_CA | $425,000 | -10.5% |
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3/25/24
Mar 25, 2024
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Pending | CRMLS_CA | $475,000 | |
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2/21/24
Feb 21, 2024
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Listed / Active | CRMLS_CA | $475,000 | 115.9% |
