This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1050 Montecito Dr
Los Angeles, CA 90031
Land For Sale
·
8.59 AC

Property Facts
| Property Type | Land | Total Lot Size | 8.59 AC |
| Property Subtype | Residential | ||
| Zoning | RE20-1D | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 8.59 AC |
| Zoning | RE20-1D |
Description
SBS Radio Tower Site - Residential Development Opp The subject is a Special Purpose (Radio/TV Transmission) property totaling 3,000 SF of NRA located on an approximate 8.59-acre site at 1050 East Montecito Drive in Los Angeles, California. Current zoning is (Q)RE20-1D. Residential Development Opportunity! The site is improved with an older single family home that serves as a residence and houses transition equipment for the 9 antennas on the property. Located to the northwest of the home is a main 220' AM/FM transition tower that is leased along with other areas of the property to Spanish Broadcasting Systems on a 50 year contract that expires October 30, 2053. The tenant paid a significant up-front fee for the lease and pays $1 per year over the remaining term of the lease. There is currently no income from any of the other antennas. The single family home was built in 1948 and is in average condition. The main tower was installed in 1980 and appears to be structurally sound. APN 5207-028-007 and portions of -005, -006 and -008. Mountain top location in the center of Montecito Heights with 360 degree views of Downtown LA, Griffith Park Observatory, Hollywood Sign, Elysian Park, and Angeles National Forest - San Gabriel Mountains.
Links
Listing ID: 6146922
Date on Market: 3/6/2017
Last Updated:
Address: 1050 Montecito Dr, Los Angeles, CA 90031
The Montecito Heights Land Property at 1050 Montecito Dr, Los Angeles, CA 90031 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
LAND PROPERTIES IN NEARBY NEIGHBORHOODS
- Southeast Los Angeles Residential Land & Home Lots
- Koreatown Residential Land & Home Lots
- Northeast Los Angeles Residential Land & Home Lots
- Downtown Los Angeles Residential Land & Home Lots
- Mid-Wilshire Residential Land & Home Lots
- Westlake Residential Land & Home Lots
- East Hollywood Residential Land & Home Lots
- South Central LA Residential Land & Home Lots
- City West Residential Land & Home Lots
- Canndu/Avalon Gardens Residential Land & Home Lots
- Harvard Heights Residential Land & Home Lots
- Vernon-Main Residential Land & Home Lots
- Taylor Junction Residential Land & Home Lots
- Echo Park Residential Land & Home Lots
- Crenshaw Residential Land & Home Lots
NEARBY LISTINGS
- 4500 Lincoln Ave & York Blvd, Los Angeles CA
- 511 Grand ave, Los Angeles CA
- 335 N Soto St, Los Angeles CA
- 1028 S Gage Ave, Los Angeles CA
- 521 Carondelet, Los Angeles CA
- 815 Fremont Ave, South Pasadena CA
- 1773-1797 N Main St, Los Angeles CA
- 4444 E Olympic Blvd, Los Angeles CA
- 1108 Manzanita St, Los Angeles CA
- 306 S Union Pl, Los Angeles CA
- 1803 N San Fernando Rd, Los Angeles CA
- 823 Hyperion Ave, Los Angeles CA
- 4336 N. Latona Rd., Los Angeles CA
