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933 Avenue 66
Los Angeles, CA 90042
The Highland on 66 · Land For Sale
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0.48 AC
Investment Highlights
- Generous hillside property combines tranquility with urban connectivity in a creative, fast-evolving community
- Location: Prime Highland Park neighborhood, a vibrant and sought-after area of Los Angeles
- Transportation Access: Close to Metro Gold Line, Downtown LA, and Pasadena
- Development Potential: Single-family estate or potential subdivision (subject to city approval)
- Neighborhood Amenities: Minutes from Figueroa Street’s cafés, boutiques, and art galleries, and the historic Highland Park Bowl
- Investment Opportunity: Perfect for developers or investors seeking to capitalize on LA’s growing residential market
Executive Summary
Discover a premier land investment opportunity at 933 Avenue 66 in Los Angeles’ vibrant Highland Park. This 20,985 sq. ft. lot is zoned R1-1-HCR, offering significant potential for high-quality residential development. Investors can capitalize on California’s favorable ADU laws to add density, and the property's size provides framework for potential lot split exploration. While the site is primed for growth, any development or subdivision is subject to city approvals and specific environmental reviews, including fire hazard severity zone requirements that may impact split eligibility. Located just minutes from Figueroa Street’s boutiques and the Metro Gold Line, this site is perfectly positioned to meet the high demand for housing in one of LA’s most dynamic neighborhoods.
Property Facts
1 Lot Available
Lot
| Price | $625,000 | Lot Size | 0.48 AC |
| Price Per AC | $1,297,356.09 |
| Price | $625,000 |
| Price Per AC | $1,297,356.09 |
| Lot Size | 0.48 AC |
Featuring a flat, buildable front area, this property boasts a total size of 20,985 SF (0.67 AC), inclusive of a 31-foot street vacation approved by the Bureau of Engineering (BOE).
Description
Relatively land opportunity at 933 Avenue 66 in the heart of Highland Park. This 20,985 SF R1-1-HCR zoned lot offers strong potential for residential development, with opportunities to add value through California ADU allowances and possible lot split exploration. Development is subject to city approvals and applicable environmental and fire hazard reviews. Just minutes from Figueroa Street’s shops, dining, and the Metro Gold Line, this site is ideally positioned in one of LA’s most in-demand neighborhoods.
Property Taxes
| Parcel Number | 5716-013-002 | Improvements Assessment | $0 |
| Land Assessment | $716,315 | Total Assessment | $716,315 |
Property Taxes
Parcel Number
5716-013-002
Land Assessment
$716,315
Improvements Assessment
$0
Total Assessment
$716,315
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