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3986 Cloverdale ave 3 Acres of Residential Land Offered at $6,000,000 in Los Angeles, CA 90008



Investment Highlights
- Located in the West Adams-Baldwin Hills-Leimert Community Plan Area.
Executive Summary
Property Facts
| Price | $6,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 3.00 AC |
| Property Type | Land | ||
| Zoning | LAR1 - Multiple Dwelling | ||
| Price | $6,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 3.00 AC |
| Zoning | LAR1 - Multiple Dwelling |
1 Lot Available
Lot
| Price | $6,000,000 | Lot Size | 3.00 AC |
| Price Per AC | $2,000,000.67 |
| Price | $6,000,000 |
| Price Per AC | $2,000,000.67 |
| Lot Size | 3.00 AC |
Large hillside parcel in South Los Angeles with scenic surroundings and residential zoning, ideal for custom home development.
Description
Positioned within the West Adams-Baldwin Hills-Leimert Community Plan Area, the site is zoned R1-1, allowing for low-density residential development. The parcel is part of Tract 19051 and is identified by APN 5029038001. It is situated in a hillside residential neighborhood characterized by winding streets and established homes, offering a private and scenic environment. The property is under the jurisdiction of the South Los Angeles Area Planning Commission and is not subject to historic preservation overlays or special land use restrictions. With its substantial size and favorable zoning, this parcel presents a unique opportunity for residential development in a well-located Los Angeles community.
Property Taxes
| Parcel Number | 5029-038-001 | Improvements Assessment | $0 |
| Land Assessment | $501,981 | Total Assessment | $501,981 |
Property Taxes
Presented by
Vic Inn-Ternational Co.
3986 Cloverdale ave
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