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Engel & Völkers Americas

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Development opportunity with approved plans to build a 49 unit 5 story apartment building with 108 parking spaces. The gross building area is 101,687 SF, the net rentable area is 50,280 SF and the lot size is 69,000 SF. Unit breakdown: 12-1 Bedroom units and 37-2 bedroom units. Excellent Ontario location adjacent to a 75 unit apartment building located at 840 S Magnolia that was built in 2019 and is stabilized at rents similar to the projected rents for this project. Price of the land per unit is $85,714 and price of the land per SF of land is $61  and compares favorably with RTI land sale Comps.The completed projects stabilized value is estimated to be $26,500,000 which is $540,816 per unit and $527 per SF of NRA. The asking price for the land is $4,200,000, roughly 16% of the stabilized value, providing excellent upside to the Buyer/Developer.The property is currently improved with a single family residence that is rented to a tenant. However, the property is being marketed as land for development of a fully entitled 49 unit apartment building which will require demolition of the existing residence. The property will be delivered vacant at the Close of Escrow with permits Ready to Issue. Buyer will be responsible for demolition of the existing SFR after closing and the cost of the building permits. Site also includes APN# 1011-371-15-0000. Total site area is 69,000 SF.Buyer to cooperate with Seller's exchange at no expense to Buyer. Please submit Letters of Interest for consideration and to initiate negotiations.Do not disturb the tenant. Drive by only until a purchase contract has been negotiated.

Property is a corner lot and is being used as parking lot. close to main place mall.

Corner Parking Lot

Rare opportunity to develop new condominiums in the heart of Old Town Pasadena. A new residential address is poised to rise on Union, moments from main street Colorado and surrounding Old Town Pasadena and around the corner from The Paseo Mall. This is city living at its best, highly scored for walking, biking and transit access (mere blocks from the Metro). The 59-unit structure, now in the 'Ready to Issue Permits' stage, enjoys views of Mt. Wilson, Pasadena City Hall and the San Gabriel Mountains. With over 53,000 square feet of living space on six stories, the Mediterranean style building will offer 28 two-bedroom/two-bath units and 25 one-bedroom/one-bath units, along with six studios. A roof terrace with spectacular city and mountain views, a second-floor open space common area, and three levels of subterranean parking/storage complete the amenities. One large retail space will anchor the street level, across the way from a small park. You simply couldn't live closer to the vibrant core of the city's historic district--and the heart of the charming urban Pasadena lifestyle.

21.08 Acres along the West  bank of Bayou Liberty in Sec 42 T9S,R 14 E. The northwest area is a non wet land with a 2.16 Acres of hard land to build to dream home along the bayou. Navigable water with direct access to the lake.

Upslope lot on a quiet street with million-dollar panoramic views of El Sereno Hills from Downtown LA to South Pasadena, looking West, North and East. This lot is READY TO BUILD. Builders, you can save tens of thousands of dollars on the construction of this home since:1) Building permits are already paid.2) Foundations and retaining wall plans do not require caissons, slab foundation saves on excavations and caissons.  This also saves on dirt excavation and transportation.  3) Street utilities come to the property line, requiring no street cutting and saving on a permit, street bonds and work. You can begin construction immediately. Per plans, this home features 3 bedrooms, 3 and 1/2 bathrooms, a large recreation room in 2,093 sq. ft. of living space. Additional balconies allow the owner to take full advantage of the views. The home also features a 2-car garage at the cul-de-sac end of Kenneth Dr, and a comfortable vehicle turn-around area.For the builder, a property with big upside.  For the homeowner, there is nothing like new construction.  Here's the chance to build the home of your dreams.   Priced to sell.

This expansive lot of 16,441 sf is approximately 110 ft wide by 150 ft deep, making it a fantastic development opportunity. The soils report was favorable and can be seen in the documents section. Through looking at the code and confirming with the city, the owner was told that you can build a single family home of up to 5,000 sf with two ADU's of up to 1,200 sf each. Other development options include a triplex (two primary dwelling units with one ADU) or a quadplex (a duplex with two ADUs). The lot is able to be split using SB 9 into two 8,000+ sf parcels, per the owner's conversations with the sub-divisions department. In this scenario, you would be able to build a home of up to 3,000 sf and an ADU of up to 1,200 sf on each parcel (a total of two homes and two ADUs).  Each parcel of home + ADU can be sold separately. The lot is located across the street from Loma Alta Park with views of the mountains as well as close proximity to great hiking trails. The park has a plethora of features including a neighborhood community garden, tennis courts, playgrounds and several other amenities. The property backs into a wooded area, creating a serene and tranquil backyard that is hard to find in Los Angeles. More information about the property can be provided upon request from the listing agent. Please check with the zoning, planning and subdivision offices to verify property and development information. With such an amazing location on a double lot sized parcel and so many development options, it is an extremely rare find for creating anything from your dream home to a four unit development.

Exciting Development Opportunity in City Terrace - Three Adjacent Hillside Lots with Spectacular Views, Totaling 29,127 sqft! We present an extraordinary investment proposition tailored for developers and investors seeking a remarkable opportunity. Nestled in City Terrace, this offering comprises three contiguous lots with a combined area of 29,127 sqft. Perched on a hillside, the location offers breathtaking 180-degree views of the surrounding University hills and the prestigious CSULA (Cal State University Los Angeles). The potential for this property knows no bounds, allowing for a multitude of possibilities. With its proximity to CSULA, there exists the exciting prospect of developing student housing to cater to the university's growing population. Alternatively, the site holds great promise for residential development, making it an attractive venture for those seeking to create a vibrant community. These exceptional lots provide a canvas upon which visionary developers and investors can leave their mark. Capture the attention of those who value both natural beauty and strategic location, and seize the opportunity to shape the future of this remarkable locale. For more information and to explore this incredible development opportunity, please contact us. Together, let's transform possibilities into reality. Potential Buyers to verify any restriction and city ordinances regarding redevelopment and/or improvement to there satisfaction.

Lincoln Heights residential lot set on a large sloping land with magical views of the surrounding hillside, sweeping city lights views, and view of downtown Los Angeles this lot in the East LA Hills Tract is surrounded by homes with a paved road. The lot could accommodate one new residence, making this both a smart investment opportunity and a source of more housing in vibrant, sought-after Lincoln Heights. The location is close to schools and convenient to Downtown, the Arts District, Dodger Stadium, Chinatown, Northeast LA (NELA), South Pasadena and the San Gabriel Valley. Access to freeways and the Metro is nearby. Utilities are located close to the site and easily accessed.

Lincoln Heights land with magical views

beautiful lot behind a gate on a private road with only one other house .  3 levels top level has a pool middle level an home depot tiny house shedlike building, no walls, plumbing etcOne could build a couple of units here in a very secluded corner of Eagle Roda where La Roda ends

Your opportunity to build a stunning contemporary home with spectacular views in a gated community. Included with the sale are fully approved plans and permits to construct the foundation and shoring, as well as Soils reports and preliminary plans for a beautiful 5,200 soft contemporary home. The lot has Temporary power with a meter added, sewer and gas are stubbed out, and a 1inch water meter with back flow has been installed. It is all ready for the next owner to make any slight variations with the design and start building.  Located in Laguna Niguel’s exclusive guard-gate enclave of Laguna Sur, 5 Le Conte is an expansive homesite welcoming breathtaking ocean and canyon views from its hilltop vantage point. The property includes plans created by renowned architect Marcelo Lische for a 5,200 square foot multi-level luxury estate of uncompromising style. Three distinctive levels are showcased, including a main level primary suite, living room and kitchen. The middle level provides 3 additional bedrooms plus a 3 car garage. The spacious lower level includes an office, wine cellar and an enormous 500sf entertainment room. The design also incorporates a stunning in ground spa on the lower deck looking into the private and natural terrain of the canyon. Laguna Sur presents residents with exclusive use of two resort-caliber swimming pools & spa plus tennis courts and easy access to popular hiking trails.

Scenic views, Wide open spaces, A-1 zoned, This parcel’s use is ready for your imagination - and your ATVs, paint ball battles, yurt(s), dirt bikes, nights and days far enough away from everything yet still close enough to get groceries last minute, star gazing, campfires, howling at the moon because no one can hear you, and plenty more...

A well positioned build opportunity on a 1/4 acre in the distinctive ocean front community of Monarch Bay., this parcel with appx. 120' of view frontage sets the stage for the home of your dreams. Offering breathtaking coastal views of the waves crashing along the sand at Salt Creek Beach, the Ritz Carlton and the Dana point Headlands. Residents of Monarch Bay can take advantage of the finest amenities offered in Orange County. Take a short stroll or a personal golf cart to the private Monarch Bay Beach Club where one can enjoy world class service. Enjoy the butler style service at the beach including towels & umbrellas as well as ocean front dining, volleyball, beach fire pits, and a private tennis court. Monarch Bay has 24-Hour Gated Security with no association dues, and a new constructed contemporary entrance to greet owners into one of California's most prestigious​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​​‌​‌​​​‌‌​ communities.

Welcome to Hawthorn Springs Subdivision Missoula, Montana where you can experience the best of both worlds. Located just 12 miles West of Missoula and 3 miles East of Frenchtown. Embrace the array of valley views and crisp clean air in this perfectly placed subdivision with Southern sun exposure. Each lot offers its unique views ready for your design and builder to create your Montana dream home. Have peace of mind throughout the year with county-maintained roadways, and community water is metered at $22.19 for 748 gallons and $2.19 for every 748 gallons of water after that. This impressive water system has a 286,000-gallon reservoir and 17 fire hydrants. Enjoy multiple common areas totaling roughly 42 acres. Capture sunsets and sunrises as you walk the subdivision on the paved walking path. Seller financing for qualified buyers and builders. This is one of the few subdivisions that lets you bring your builder or build yourself!

Ambiance abounds for this prime property offering: beautiful mature trees; a creek running though it; close to Big Bear village, Big Bear lake, and the
national forest.  This is a level 43,500 square foot lot that runs street to street, Knickerbocker east and Stocker west (AKA 755 Stocker Rd.).  A great
investment, future development, or as private estate; zoned R-3 with preliminary plans for 10 units, possibly of more or less, some of these units could have lake views from their second or third stories.  There are possibilities for a joint venture with the broker owner and/or seller
carryback financing, both of which the seller may consider.  Other alternative projects may be considered, such as a retirement community or affordable homes.

Great Opportunity to build a Dream House in Hollywood Hills. This Lot is located next door to several Million Dollars Homes. Please note: Pictures shown with vacant land lines are shown as an example, and not represented as accurate buyer is requested to investigate for actual property lines.

Great opportunity to Build a Dream Home in Hollywood Hills. This lot is located next to several million dollar Homes and include private road access. Please note: Pictures shown with property lines are shown as an example, and not represented as accurate buyer is requested to investigate for actual property lines.

Over 10-acre parcel with several level areas for a house and plenty of room for horses and farm animals. Carson Mesa is a paved county road and N. William Trail is maintained  by owners. There are several custom homes nearby.

Acton is a small community with lots of activities for entire family. County Park, library and an excellent school system as well as access to local shopping and restaurants. There is an easy access to the freeway from the property.

Expansive Land in Acton

ATTENTION INVESTORS/DEVELOPERS! Here's an opportunity to build exquisite homes with breathtaking views of LA's downtown skyline and never-ending valleys. Over 11 acres nestled in the peaceful hilltops next to Burbank Hills and the Verdugo Mountain Park with miles of serene trails.Two lots - APN #2403008013 with 461,471.8 sf and APN #2403007043 with 43,941.2 sf. with two pre-graded pads. Expired tentative approved map for 8 separate lots with preliminary drawings.Short distance from major freeways, studios, and the Burbank Airport. A one-of-a-kind development.Buyer is responsible for all inspections and investigations.

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Corner Parking Lot

Lincoln Heights land with magical views

Expansive Land in Acton

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