6
See all 6 photos
$499,000
Est. payment /mo
6,760 Sqft Lot
Active
730 Lagoon Wilmington, CA 90744
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26103180
HOA Y/N No
Lot Size 6,760 Sqft
Property Description
Rare Opportunity Zone Tax Shelter Lot well-located in Wilmington with direct access to the Port of Los Angeles. with strong development upside at an attractive land basis. The property sits on approximately 6,758 SF of land of which 5,125 sq ft are buildable with C2 zoning, General Commercial land use, and multiple potential development pathways for a buyer to explore.
The site is identified as TOC Tier 2, ED1 eligible, and located within an Opportunity Zone, giving developers several angles to evaluate for a future residential or mixed-use project. At an asking price of $499,000, the property is priced at approximately $/SF of land, offering a compelling basis compared to nearby land sales.
While the lot is impacted by setback requirements and an alley easement, these constraints are already identified upfront, allowing buyers to underwrite the site with more clarity from day one. For a developer, this is a practical infill opportunity with a manageable lot size, commercial zoning, transit-oriented incentives, and a price point that leaves room to work through design and entitlement strategy.
This lot is situated perfectly for storage, car parking, truck parking or residential development.
The site is identified as TOC Tier 2, ED1 eligible, and located within an Opportunity Zone, giving developers several angles to evaluate for a future residential or mixed-use project. At an asking price of $499,000, the property is priced at approximately $/SF of land, offering a compelling basis compared to nearby land sales.
While the lot is impacted by setback requirements and an alley easement, these constraints are already identified upfront, allowing buyers to underwrite the site with more clarity from day one. For a developer, this is a practical infill opportunity with a manageable lot size, commercial zoning, transit-oriented incentives, and a price point that leaves room to work through design and entitlement strategy.
This lot is situated perfectly for storage, car parking, truck parking or residential development.
Location
State CA
County Los Angeles
Area 196 - East Wilmington
Interior
Fireplace No
Exterior
Fence None
Community Features Sidewalks, Urban
Utilities Available Water Not Available
View Y/N No
View None
Present Use Commercial,Parking Lot
Building
Lot Description 0-1 Unit/Acre
Water None
New Construction No
Others
Senior Community No
Tax ID 7416028003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc. #02035763
NEARBY SCHOOL & BUSINESS
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